Mg Composites Llp Profile
Key Indicators
- Obligation of Contribution ₹ 0.10 M
- Company Age 11 Year, 15 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.47 Cr
- Satisfied Charges ₹ 4.50 M
- Revenue Growth -71.73%
- Profit Growth -302.09%
- Ebitda -111.35%
- Total Assets -11.01%
About Mg Composites Llp
Mg Composites Llp (MCL) is 11 Year, 15 Days old Limited Liability Partnership 26 February 2014. Its registered office is in Mumbai, Maharashtra, India.
The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 0.10 M as per MCA.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN/FCRN
AAC-1263
- Incorporation Date
26 Feb 2014
- Date of Accounts and Solvency Statement
31 Mar 2023
- ROC Code
Roc-Mumbai
- Company Classification
Limited Liability Partnership
Industry
Manufacturing
What products or services does Mg Composites Llp offer?
Mg Composites Llp offers a wide range of products and services, including Gym Equipment, Multi Gym, Spray Painting Equipment, Gypsum Spraying Plastering Machine.
Mg Composites Llp
Explore comprehensive data for Mg Composites Llp, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mg Composites Llp?
Designated Partners (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kamat  | Designated Partner | 26-Feb-2014 | Current |
| Sudha Kamat | Designated Partner | 26-Feb-2014 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Composites Llp?
Unlock access to Mg Composites Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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Charges (Loans)
Open Charges
₹124.67 M
Satisfied Charges
₹4.50 M
Charges Breakdown by Lending Institutions
- Nkgsb Co- Operative Bank Ltd : 5.58 Cr
- Nkgsb Co-Operative Bank Limited : 3.70 Cr
- Nkgsb Cooperative Bank Ltd : 2.50 Cr
- Nkgsb Co Op Bank Ltd : 0.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2022 | Nkgsb Cooperative Bank Ltd | ₹2.50 Cr | Open |
| 13 Apr 2022 | Nkgsb Co Op Bank Ltd | ₹6.90 M | Open |
| 29 Sep 2021 | Nkgsb Co-Operative Bank Limited | ₹2.70 Cr | Open |
| 25 Apr 2018 | Nkgsb Co-Operative Bank Limited | ₹1.00 Cr | Open |
| 26 Oct 2016 | Nkgsb Co- Operative Bank Ltd | ₹2.25 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mg Composites Llp, 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 Mg Composites Llp'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.
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.
- Charges
A charge with Nkgsb Cooperative Bank Ltd amounted to Rs. 25.00 M with Charge ID 100631875 was registered on 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.
- 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.
- 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.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Mg Composites Llp?
Mg Composites Llp was incorporated on 26 Feb 2014.
What is Obligation of Contribution of Mg Composites Llp?
The Obligation of Contribution of Mg Composites Llp is ₹ 0.10 M.
Who are the current designated partners & partners of Mg Composites Llp?
Currently 2 partners are associated with Mg Composites Llp.
Anil Mohan KamatSudha Mohan Kamat- Anil Mohan Kamat
- Sudha Mohan Kamat
What is the registered address of Mg Composites Llp?
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.
What is the Limited Liability Partnership Identification Number (LLPIN) of Mg Composites Llp?
The Limited Liability Partnership Identification Number (LLPIN) of Mg Composites Llp is AAC-1263.
What is the official website of Mg Composites Llp?
The Official website of Mg Composites Llp is https://www.mgcomposites.in
What has been the recent revenue trend for Mg Composites Llp?
According to the financial reports for the fiscal year 2021, the revenue trend for Mg Composites Llp has fallen by -71.73%.
How many employees does Mg Composites Llp currently have?
As Per 2021 financial reports, 19 employees are currently employed by Mg Composites Llp.
What are the total open charges for 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.
When was the last Balance Sheet of Mg Composites Llp filed with the ROC?
The most recent Balance Sheet for Mg Composites Llp was filed with the ROC on 31 Mar 2023.
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