Albatross Builders & Developers LLP
About Albatross Builders & Developers LLP
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Albatross Builders & Developers LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 July 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAK-1265. Its GSTIN is 29ABJFA4828J1Z2 (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Gauraklara Shivakumar Namratha and Sharath Puttappa Hallinalli.
Its latest statement of accounts is for the year ended 31 March 2020. The registered office is at No. 95 2nd Cross 3rd Main Bhcs Layout Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹2.7 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹24.58 Lakh (net margin -9.1%) and EBITDA of ₹2.92 Cr (EBITDA margin 108.4%).
Court records list 1 case involving the LLP, including 1 filed by the LLP.
Company details
Contact details
Albatross Builders & Developers LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 95 2nd Cross 3rd Main Bhcs Layout Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Albatross Builders & Developers LLP, buy the company report.
- 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
Financials of Albatross Builders & Developers LLP
FY 2020 filings availableAlbatross Builders & Developers LLP reported revenue of ₹2.7 Cr (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | ₹2.7 Cr | ||
| Other Income | |||
| Total Income | |||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | -₹24.58 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
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | -9.1% | ||
| 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 | |||
To see the full financial statements and ratios of Albatross Builders & Developers LLP, buy the company report.
Designated partners of Albatross Builders & Developers LLP
Albatross Builders & Developers has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gauraklara Shivakumar Namratha | Designated Partner | 21 Dec 2017 | 8 Years 10 Months | Current |
| Sharath Puttappa Hallinalli Also directs: Proptopus Realty LLP, Adjoints Medical Equipment LLP, Brickmen Builders & Developers LLP and 3 more | Designated Partner | 25 Jul 2017 | 9 Years 3 Months | Current |
Legal cases
Albatross Builders & Developers LLP has 1 court case on record: 1 filed by Albatross Builders & Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Assistant Commissioner of Central Tax | Disposed |
To see the full case history of Albatross Builders & Developers LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Albatross Builders & Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Albatross Builders & Developers LLP has 1 active EPFO establishment as of Apr 04, 2024.
GST
Albatross Builders & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABJFA4828J1Z2 | Karnataka | Active | 16 Jan 2018 |
To see the full GST registrations and return filing status of Albatross Builders & Developers LLP, buy the company report.
Recent activity
Albatross Builders & Developers LLP has 3 designated partner changes on record since 2017: 2 appointments and 1 cessation. The latest: Gauraklara Shivakumar Namratha was appointed as Designated Partner on 21 Dec 2017.
Frequently asked questions
Albatross Builders & Developers is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 July 2017 (9+ years old) and is registered under LLPIN AAK-1265.
Albatross Builders & Developers has 2 current designated partners:
- Gauraklara Shivakumar Namratha - Designated Partner
- Sharath Puttappa Hallinalli - Designated Partner
The latest financial statements of Albatross Builders & Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 March 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Albatross Builders & Developers is 29ABJFA4828J1Z2, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Albatross Builders & Developers is AAK-1265. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Albatross Builders & Developers has 1 court case on record: 1 filed by the LLP.
Albatross Builders & Developers was incorporated on 25 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Gauraklara Shivakumar Namratha was appointed as Designated Partner on 21 Dec 2017. Kumaresan Kumar Praveen ceased to be Designated Partner on 21 Dec 2017. Sharath Puttappa Hallinalli was appointed as Designated Partner on 25 Jul 2017.
The registered office of Albatross Builders & Developers is at No. 95 2nd Cross 3rd Main Bhcs Layout Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076.
Albatross Builders & Developers operates in the real estate and construction industry, in the real estate builders and developers segment.