Flags Hotels Private Limited logo

Flags Hotels Private Limited

Operates multiple restaurants and banquet halls in Mumbai under a well-known brand.
2010 | Mumbai, Maharashtra (India) | Active

Last Updated:

October 23, 2024
HomeCompanyFlags Hotels Private Limited

Who are the key members and board of directors at Flags Hotels?

Board Members(3)

NameDesignationAppointment DateStatus
Joseph Sequeira In Director 26-Nov-2022Current
Lawrence Sequeira In Director 18-Jan-2010Current
Josly Sequeira In Director 16-Oct-2019Current

Financial Performance of Flags Hotels.

Flags Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.44% increase. The company also saw a substantial improvement in profitability, with a 1939.78% increase in profit. The company's net worth Soared by an impressive increase of 180%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
70.44%
Revenue from Operations
73.98%
Total Assets
-4.74%
Profit or Loss
1939.78%
Net Worth
180.00%
EBITDA
158.95%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹44.94 Cr

₹5.70 Cr

LenderAmountStatus

Others

Creation Date: 07 Aug 2024
₹9.25 CrOpen

Others

Creation Date: 27 Sep 2021
₹1.07 CrOpen

Others

Creation Date: 30 Mar 2021
₹1.05 CrOpen

How Many Employees Work at Flags Hotels?

Flags Hotels has a workforce of 7 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Flags Hotels

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 9.25 Cr with Charge ID 100959219 was registered on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100387438 with Others was fully satisfied on 23 Jul 2024.

    23 Jul 2024

  • Charges

    A charge registered on 30 Apr 2015 via Charge ID 10571062 with Indostar Capital Finance Limited was fully satisfied on 23 Jul 2024.

    23 Jul 2024

  • Annual General Meeting

    Flags Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Flags Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Joseph Sequeira was appointed as a Director was appointed as a Director on 26 Nov 2022 & has been associated with this company since 2 years 1 month .

    26 Nov 2022

Frequently asked questions

  • Flags Hotels Private Limited was incorporated on 18 Jan 2010.

  • The authorized share capital of Flags Hotels Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 3 directors are associated with Flags Hotels Private Limited.

    • Joseph Sequeira
    • Lawrence A Sequeira
    • Josly Eric Sequeira
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flags Hotels Private Limited is 202 Asiad C H S Ltd B J Road, Near Liberty Garde Malad (W) India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Flags Hotels Private Limited is U55204MH2010PTC199026 and the company number is 199026 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flags Hotels Private Limited is https://www.flagshospitality.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flags Hotels Private Limited has risen by 70.44%.

  • As Per 2023 financial reports, 7 employees are currently employed by Flags Hotels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flags Hotels Private Limited has experienced an upsurge of 180.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flags Hotels Private Limited amount to ₹ 44.94 Cr.

  • The most recent Balance Sheet for Flags Hotels Private Limited was filed with the ROC on 31 Mar 2023.

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