Solution Avenues LLP
About Solution Avenues LLP
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Solution Avenues LLP is a limited liability partnership (LLP) based in Jaipur, Rajasthan, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 November 2013 and has been in existence for over 13 years.
The LLP is registered with the Registrar of Companies (ROC), Jaipur, under LLPIN AAB-8783.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Pratyaksh Agarwal and Sushil Gupta.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.9 Cr. For the same year it recorded a net profit of ₹40.75 Lakh (net margin 8.3%) and EBITDA of ₹61.95 Lakh (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 649% over three years and 96% over five years.
The LLP has about 4 employees on its provident fund (EPFO) records.
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- Registered AddressF – 4 Divya Mall, Lal Kothi, Jaipur, Rajasthan, India – 302015
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
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Financials of Solution Avenues LLP FY 2024 filings available
Solution Avenues LLP reported revenue of ₹4.9 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Solution Avenues LLP
Revenue has grown at a compounded annual rate (CAGR) of 96% over five years. 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 of Solution Avenues LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹4.9 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹40.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Solution Avenues LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Solution Avenues are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Solution Avenues LLP
Solution Avenues has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratyaksh Agarwal Also directs: Parkinnov Funtech Private Limited | Designated Partner | 18 Apr 2022 | 4 Years 5 Months | Current |
| Sushil Gupta | Designated Partner | 18 Apr 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Solution Avenues LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solution Avenues LLP
Solution Avenues LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solution Avenues LLP
Employment history and EPFO contributions of people linked to Solution Avenues.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solution Avenues LLP
Solution Avenues LLP has 4 designated partner changes on record since 2021: 2 appointments and 2 cessations. The latest: Pratyaksh Agarwal was appointed as Designated Partner on 18 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Solution Avenues LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solution Avenues LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solution Avenues LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solution Avenues LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solution Avenues LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solution Avenues LLP
Solution Avenues is an active limited liability partnership based in Jaipur, Rajasthan, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 November 2013 (13+ years old) and is registered under LLPIN AAB-8783.
Solution Avenues reported revenue of ₹4.9 Cr for FY 2023.
Solution Avenues has 2 current designated partners:
- Pratyaksh Agarwal - Designated Partner
- Sushil Gupta - Designated Partner
Solution Avenues reported a net profit of ₹40.75 Lakh (net margin 8.3%) and EBITDA of ₹61.95 Lakh (EBITDA margin 12.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solution Avenues is 649% over three years and 96% over five years. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Solution Avenues is AAB-8783. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Solution Avenues was incorporated on 21 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
Pratyaksh Agarwal was appointed as Designated Partner on 18 Apr 2022. Sushil Gupta was appointed as Designated Partner on 18 Apr 2022. Chhavi Maheshwari ceased to be Designated Partner on 31 Mar 2021. Solution Avenues has 4 designated partner changes on record in total.
The registered office of Solution Avenues is at F – 4 Divya Mall, Lal Kothi, Jaipur, Rajasthan, India – 302015.
The total obligation of contribution is ₹1 Lakh.