
About Wheels Corporate Services Private Limited
Data last updated:
Wheels Corporate Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC085397. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ramakrishnan Coomaraswami and Prakash Indur Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 218/7 Defence Officers Colony Ekkathuthangal, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2022, the company reported a revenue of ₹50,399, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹8,943 (net margin -17.7%) and EBITDA of ₹829 (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wheelcorporatesolutions.com.
Company details
Contact details
Wheels Corporate Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is wheelcorporatesolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 218/7 Defence Officers Colony Ekkathuthangal, Chennai, Tamil Nadu, India – 600086
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Wheels Corporate Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Wheels Corporate Services is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Wheels Corporate Services Private Limited, buy the company report.
Financials of Wheels Corporate Services Private Limited
FY 2022 filings availableWheels Corporate Services Private Limited reported revenue of ₹50,399 (down 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 72% fall in the latest year. EBITDA fell 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹829 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8,943 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | -17.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wheels Corporate Services Private Limited, buy the company report.
Board of directors of Wheels Corporate Services Private Limited
Wheels Corporate Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Coomaraswami Also directs: Wheels Corporate Solutions LLP, Wheels Integrated Logistics LLP, Skylim Housing & Infrastructures Private Limited and 3 more | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Prakash Indur Ramakrishnan Also directs: Wheels Corporate Solutions LLP, Wheels Integrated Logistics LLP, Skylim Housing & Infrastructures Private Limited and 3 more | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
Auditor
Wheels Corporate Services Private Limited is audited by VAIRAVANATHAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAIRAVANATHAN & CO | FY 2018 | 004492S |
Shareholding
The shareholding of Wheels Corporate Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wheels Corporate Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2013 | 10462985 | Indian Overseas Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Wheels Corporate Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wheels Corporate Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wheels Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wheels Corporate Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wheels Corporate Services Private Limited, buy the company report.
Recent activity
Wheels Corporate Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Prakash Indur Ramakrishnan was appointed as Director on 12 Apr 2012.
Frequently asked questions
Wheels Corporate Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U74900TN2012PTC085397.
Wheels Corporate Services has 2 current directors:
- Ramakrishnan Coomaraswami - Director
- Prakash Indur Ramakrishnan - Director
The latest financial statements of Wheels Corporate Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Wheels Corporate Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wheels Corporate Services is U74900TN2012PTC085397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wheels Corporate Services was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Prakash Indur Ramakrishnan was appointed as Director on 12 Apr 2012. Ramakrishnan Coomaraswami was appointed as Director on 12 Apr 2012.
Wheels Corporate Services can be reached through the website wheelcorporatesolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Wheels Corporate Services is at No. 2187 Defence Officers Colony Ekkathuthangal, Chennai, Tamil Nadu, India – 600086.
Wheels Corporate Services operates in the transport and logistics industry, in the travel and tour services segment.

