A.K.Veneers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-06-2024
- Paid Up Capital ₹ 2.92 Cr
as on 16-06-2024
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.52 Cr
as on 16-06-2024
- Satisfied Charges ₹ 16.93 Cr
as on 16-06-2024
- Revenue -12.78%
(FY 2023)
- Profit -46.29%
(FY 2023)
- Ebitda 23.37%
(FY 2023)
- Net Worth 3.22%
(FY 2023)
- Total Assets -20.44%
(FY 2023)
About A.K.Veneers
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.92 Cr.
The company currently has active open charges totaling ₹25.52 Cr. The company has closed loans amounting to ₹16.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohammed Ahmed, Abdul Niyaz, Naushad Khader, and One other member serve as directors at the Company.
- CIN/LLPIN
U02021KA1994PTC015164
- Company No.
015164
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jan 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Mangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at A.K.Veneers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Ahmed  | Managing Director | 28-Jan-1994 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abdul Niyaz | Director | 01-Jan-2020 | Current |
| Naushad Khader | Director | 16-Dec-1999 | Current |
| Nazim | Director | 16-Dec-1999 | Current |
Financial Performance of A.K.Veneers.
A.K.Veneers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.78% decrease. The company also saw a substantial fall in profitability, with a 46.29% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of A.K.Veneers?
In 2023, A.K.Veneers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
M.A. Wood Products Private LimitedActive 24 years 3 monthsMohammed Ahmed, Abdul Niyaz and 2 more are mutual person
- Coastal Chip Boards And Lams Private LimitedActive 13 years 9 months
Mohammed Ahmed, Abdul Niyaz and 2 more are mutual person
- A.K. Kittur Veneers Private LimitedActive 11 years 8 months
Mohammed Ahmed, Abdul Niyaz and 2 more are mutual person
- Ak Appleply Private LimitedActive 2 years 3 months
Mohammed Ahmed, Abdul Niyaz and 2 more are mutual person
- A.K Clusters Private LimitedActive 8 years 5 months
Mohammed Ahmed, Abdul Niyaz and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Feb 2024 | ₹2.53 M | Open |
Others Creation Date: 14 Feb 2024 | ₹1.20 M | Open |
Axis Bank Limited Creation Date: 27 Dec 2022 | ₹1.80 Cr | Open |
How Many Employees Work at A.K.Veneers?
A.K.Veneers has a workforce of 18 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of A.K.Veneers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A.K.Veneers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
