About W.S.Test Systems Private Limited
Data last updated:
W.S.Test Systems Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 June 1984.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U85110TN1984PTC124951. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.41 Cr. It was led by directors Kumaraswamy Kumar and Bhaskaran.
Its last annual general meeting (AGM) was held on 25 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Jammi Buildings Third Floor No.123 Royapettah High Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.01 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -31.1%) and EBITDA of -₹1.82 Cr (EBITDA margin -30.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The company had about 26 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹8.91 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is wstestsystems.com.
Company details
CIN history
W.S.Test Systems has one previous CIN (Corporate Identification Number): U85110KA1984PTC006129. The current CIN is U85110TN1984PTC124951, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110TN1984PTC124951 | Current |
| U85110KA1984PTC006129 | Previous |
Contact details
W.S.Test Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is wstestsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJammi Buildings Third Floor No.123 Royapettah High Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of W.S.Test Systems 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
Financials of W.S.Test Systems Private Limited
FY 2022 filings availableW.S.Test Systems Private Limited reported revenue of ₹6.01 Cr (down 32% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 32% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.01 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.87 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -30.3% | ||
| Net Profit Margin | -31.1% | ||
| 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 W.S.Test Systems Private Limited, buy the company report.
Board of directors of W.S.Test Systems Private Limited
W.S.Test Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaraswamy Kumar | Director | 02 Jan 2018 | 8 Years 10 Months | As last reported |
| Bhaskaran | Director | 27 Dec 2019 | 6 Years 10 Months | As last reported |
Auditor
W.S.Test Systems Private Limited is audited by G BALU ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G BALU ASSOCIATES LLP | FY 2017 | 000376S |
Shareholding
The shareholding of W.S.Test Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of W.S.Test Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2009 | 10177088 | Lakshmi Vilas Bank Limited | ₹2.85 Cr | Satisfied | |
| 15 Apr 2009 | 10152994 | Lakshmi Vilas Bank Ltd | ₹3 Cr | Satisfied | |
| 03 Apr 2009 | 10153167 | Lakshmi Vilas Bank Ltd | ₹25 Lakh | Satisfied | |
| 14 Sep 2007 | 10066175 | The Lakshmi Vilas Bank Limited | ₹15 Lakh | Satisfied | |
| 14 Sep 2007 | 10066179 | The Lakshmi Vilas Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of W.S.Test Systems Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
W.S.Test Systems Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Test Systems Employees Union Regd | Disposed |
To see the full case history of W.S.Test Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for W.S.Test Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
W.S.Test Systems 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 W.S.Test Systems Private Limited, buy the company report.
Recent activity
W.S.Test Systems Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Bhaskaran ceased to be Additional Director on 23 Sep 2020.
27 earlier events are in the company report.
Frequently asked questions
W.S.Test Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
W.S.Test Systems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 06 June 1984 and is registered under CIN U85110TN1984PTC124951. The company has been struck off by the Registrar of Companies and is no longer operational.
W.S.Test Systems had 2 directors:
- Kumaraswamy Kumar - Director
- Bhaskaran - Director
The CIN (Corporate Identification Number) of W.S.Test Systems is U85110TN1984PTC124951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of W.S.Test Systems is at Jammi Buildings Third Floor No.123 Royapettah High Road Mylapore, Chennai, Tamil Nadu, India – 600004.
W.S.Test Systems was incorporated on 06 June 1984. It is registered with the Registrar of Companies, Chennai.
W.S.Test Systems can be reached through the website wstestsystems.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of W.S.Test Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 25 July 2022. Year-wise statements from 2015 are in the company report.
No. W.S.Test Systems has 1 GST registration on record and it is cancelled or inactive.
W.S.Test Systems operated in the machinery and equipment industry, in the industrial testing and measurement equipment segment. It worked in this industry before it was struck off.
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