Wheels Corporate Services Private Limited

Wheels Corporate Services Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74900TN2012PTC085397 Incorporated 12 April 2012 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2022
₹50,399
▼ 72% YoY
Net loss · FY 2022
₹8,943
Net margin -17.7%
EBITDA · FY 2022
₹829
EBITDA margin 1.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹60 Lakh
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

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 The company has 1 GST registration on record, which is no longer active.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

CIN U74900TN2012PTC085397
Registration Number 085397
Incorporation Date 12 April 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

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
  • Registered Address
    No. 218/7 Defence Officers Colony Ekkathuthangal, Chennai, Tamil Nadu, India – 600086
  • Industry
    Transport and Logistics, Travel & Tour Services

To see the full contact details of Wheels Corporate Services Private Limited, buy the company report.

Comprehensive company report
Wheels Corporate Services Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land 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 available

Wheels Corporate Services Private Limited reported revenue of ₹50,399 (down 72% YoY) for FY 2022.

Revenue · FY 2022
₹50,399 ▼ 72%
Net loss · FY 2022
₹8,943 margin -17.7%
EBITDA · FY 2022
₹829 margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 44%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 65%
5 years · compounded
▼ 71%

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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin1.6%
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.

Current Directors

Auditor

Wheels Corporate Services Private Limited is audited by VAIRAVANATHAN & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
VAIRAVANATHAN & COFY 2018004492S

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 categoryFY 2018FY 2017FY 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

Open charges
None
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Indian Overseas Bank₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Nov 201310462985Indian Overseas Bank₹60 LakhSatisfied

To see the full charge records of Wheels Corporate Services Private Limited, buy the company report.

Total charge records: 1 View all charges

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.

Total GSTINs
1
Cancelled / inactive
1

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.

Charges
A charge registered on 06 Nov 2013 via Charge ID 10462985 with Indian Overseas Bank was fully satisfied on 27 Feb 2023.
AGM
Wheels Corporate Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Wheels Corporate Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Indian Overseas Bank amounted to Rs. 60.00 Lakh with Charge ID 10462985 was registered on 06 Nov 2013.
Appointed
Prakash Indur Ramakrishnan was appointed as Director.
Appointed
Ramakrishnan Coomaraswami was appointed as Director.
Incorporation
12 Apr 2012
Wheels Corporate Services Private Limited was registered on 12 Apr 2012 with Roc Chennai & aged 14 years 6 months as per MCA records.

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:

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.