Accendo Enterprise LLP
About Accendo Enterprise LLP
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Accendo Enterprise LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 November 2009 and has been in existence for over 17 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-0426.
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Aalap Milan Parikh and Jitendra Chimanlal Parikh.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 611 Panchratna Mama Parmanand Marg, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹64.95 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹54.05 Lakh (net margin 83.2%) and EBITDA of ₹34.01 Lakh (EBITDA margin 52.4%). Revenue has grown at a compounded annual rate (CAGR) of 118% over five years.
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- Registered Address611 Panchratna Mama Parmanand Marg, Mumbai, Maharashtra, India – 400004
- 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 Accendo Enterprise LLP FY 2025 filings available
Accendo Enterprise LLP reported revenue of ₹64.95 Lakh (up 36% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Accendo Enterprise LLP
Revenue has grown at a compounded annual rate (CAGR) of 118% over five years, including 36% growth in the latest year. EBITDA rose 312% in the latest year. 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 Accendo Enterprise 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹64.95 Lakh | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹54.05 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 Accendo Enterprise 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 | 83.2% | •••• | •••• | •••• | •••• |
| 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 Accendo Enterprise 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 Accendo Enterprise LLP
Accendo Enterprise has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aalap Milan Parikh | Designated Partner | 15 Mar 2019 | 7 Years 7 Months | Current |
| Jitendra Chimanlal Parikh | Partner | 01 Apr 2011 | 15 Years 6 Months | Current |
| Hiten Bagmal Parikh | Designated Partner | 27 Nov 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Accendo Enterprise 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 Accendo Enterprise LLP
Accendo Enterprise LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Accendo Enterprise LLP
Employment history and EPFO contributions of people linked to Accendo Enterprise.
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 Accendo Enterprise LLP
Accendo Enterprise LLP has 5 designated partner changes on record since 2009: 3 appointments and 2 cessations. The latest: Saunak Jitendra Parikh ceased to be Designated Partner on 31 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Accendo Enterprise 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 Accendo Enterprise 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 Accendo Enterprise 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 Accendo Enterprise 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 Accendo Enterprise 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 Accendo Enterprise LLP
Accendo Enterprise is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 November 2009 (17+ years old) and is registered under LLPIN AAA-0426.
Accendo Enterprise reported revenue of ₹64.95 Lakh for FY 2023 (up 36% YoY).
Accendo Enterprise has 3 current designated partners:
- Aalap Milan Parikh - Designated Partner
- Jitendra Chimanlal Parikh - Partner
- Hiten Bagmal Parikh - Designated Partner
Accendo Enterprise reported a net profit of ₹54.05 Lakh (net margin 83.2%) and EBITDA of ₹34.01 Lakh (EBITDA margin 52.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Accendo Enterprise is 118% over five years. In the latest year (FY 2023) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Accendo Enterprise is AAA-0426. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Accendo Enterprise was incorporated on 27 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Saunak Jitendra Parikh ceased to be Designated Partner on 31 Mar 2019. Aalap Milan Parikh was appointed as Designated Partner on 15 Mar 2019. Jitendra Chimanlal Parikh was appointed as Partner on 01 Apr 2011. Accendo Enterprise has 5 designated partner changes on record in total.
The registered office of Accendo Enterprise is at 611 Panchratna Mama Parmanand Marg, Mumbai, Maharashtra, India – 400004.
The total obligation of contribution is ₹5 Lakh.