Mg Composites Llp

Mg Composites Llp

Manufactures FRP components for various automotive and engineering companies.
2014 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 28, 2024
HomeCompanyMg Composites Llp

Who are the key members and board of directors at Mg Composites Llp?

Designated Partners(2)

NameDesignationAppointment DateStatus
Anil Kamat In Designated Partner 26-Feb-2014Current
Sudha Kamat In Designated Partner 26-Feb-2014Current

Financial Performance and Corporate Structure Insights of Mg Composites Llp.

Mg Composites Llp, for the financial year ended 2021, experienced significant reduction in revenue, with a 71.73% decrease. The company also saw a substantial fall in profitability, with a 302.09% decrease in profit. The company's net worth witnessed no change by increase of 0%.

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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
-71.73%
Revenue from Operations
-71.74%
Total Assets
-11.01%
Profit or Loss
-302.09%
Net Worth
EBITDA
-111.35%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹124.67 M

₹4.50 M

LenderAmountStatus

Nkgsb Cooperative Bank Ltd

Creation Date: 30 Jun 2022
₹2.50 CrOpen

Nkgsb Co Op Bank Ltd

Creation Date: 13 Apr 2022
₹6.90 MOpen

Nkgsb Co-Operative Bank Limited

Creation Date: 29 Sep 2021
₹2.70 CrOpen

How Many Employees Work at Mg Composites Llp?

Mg Composites Llp has a workforce of 19 employees as of Nov 28, 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 Mg Composites Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Mg Composites Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Mumbai.

    31 Mar 2023

  • Charges

    A charge with Nkgsb Cooperative Bank Ltd amounted to Rs. 25.00 M with Charge ID 100631875 was registered on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Nkgsb Co Op Bank Ltd amounted to Rs. 6.90 M with Charge ID 100631731 was registered on 13 Apr 2022.

    13 Apr 2022

  • Charges

    A charge with Nkgsb Co-Operative Bank Limited of Rs. 27.00 M registered on 29 Sep 2021 with Charge ID 100491002 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge registered on 30 Jul 2016 via Charge ID 100104273 with Nkgsb Co- Operative Bank Ltd was fully satisfied on 10 Mar 2022.

    10 Mar 2022

  • Charges

    A charge with Nkgsb Co-Operative Bank Limited amounted to Rs. 27.00 M with Charge ID 100491002 was registered on 29 Sep 2021.

    29 Sep 2021

Frequently asked questions

  • Mg Composites Llp was incorporated on 26 Feb 2014.

  • The Obligation of Contribution of Mg Composites Llp is ₹ 0.10 M.

  • Currently 2 partners are associated with Mg Composites Llp.

    • Anil Mohan Kamat
    • Sudha Mohan Kamat
    Anil Mohan KamatSudha Mohan Kamat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mg Composites Llp is Khanna Estate L.B.S. Marg, Vikhroli (West) Na City, Mumbai, Maharashtra, India, 400079.

  • The Limited Liability Partnership Identification Number (LLPIN) of Mg Composites Llp is AAC-1263.

  • The Official website of Mg Composites Llp is https://www.mgcomposites.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mg Composites Llp has fallen by -71.73%.

  • As Per 2021 financial reports, 19 employees are currently employed by Mg Composites Llp.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mg Composites Llp amount to ₹ 12.47 Cr.

  • The most recent Balance Sheet for Mg Composites Llp was filed with the ROC on 31 Mar 2023.

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