Avance Decor LLP
About Avance Decor LLP
Data last updated:
Avance Decor LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 13 June 2023.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN ACB-5971.
The LLP has a total obligation of contribution of ₹12 Cr. It is led by designated partners Jayeshkumar Mansukhlal Amrutia and Bhavesh Ambarambhai Bhayani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Morbi, Gujarat.
As per the financials filed for FY 2025, the LLP reported a revenue of ₹3.27 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.17 Cr (net margin -97.1%) and EBITDA of -₹1.53 Cr (EBITDA margin -46.8%).
As per MCA filings, the LLP has open charges of ₹24.5 Cr on record.
Company details
Contact details
Avance Decor LLP's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No 1627 Near Bansi Panel Industries Llp, Maliya Highway Khakhrechi, Morbi, Gujarat, India – 363635
- IndustryManufacturing, Wood Products & MDF, Fittings & Components
To see the full contact details of Avance Decor 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 Avance Decor LLP
FY 2025 filings availableAvance Decor LLP reported revenue of ₹3.27 Cr (up 1283% YoY) for FY 2025.
Financial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ||
| Other Income | ||
| Total Income | ₹3.27 Cr | |
| Purchases and Direct Costs | ||
| Personnel Expenses | ||
| Administrative Expenses | ||
| Interest | ||
| Depreciation | ||
| Total Expenses | ||
| Profit Before Tax | ||
| Tax | ||
| Profit After Tax | -₹3.17 Cr | |
| 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | -97.1% | |
| 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 Avance Decor LLP, buy the company report.
Designated partners of Avance Decor LLP
Avance Decor has 2 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 |
|---|---|---|---|---|
| Jayeshkumar Mansukhlal Amrutia Also directs: Bansi Panel Industries LLP | Designated Partner | 13 Jun 2023 | 3 Years 4 Months | Current |
| Bhavesh Ambarambhai Bhayani | Designated Partner | 13 Jun 2023 | 3 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2024 | 100890400 | State Bank of India | ₹24.5 Cr | Open |
To see the full charge records of Avance Decor LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avance Decor LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avance Decor LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avance Decor LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avance Decor LLP has 4 designated partner changes on record since 2023: 4 appointments. The latest: Ashwinkumar Ramnikbhai Savsani was appointed as Partner on 13 Jun 2023.
Frequently asked questions
Avance Decor is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in wood products and mdf, within the manufacturing industry. It was incorporated on 13 June 2023 (3+ years old) and is registered under LLPIN ACB-5971.
Avance Decor has 2 current designated partners:
- Jayeshkumar Mansukhlal Amrutia - Designated Partner
- Bhavesh Ambarambhai Bhayani - Designated Partner
The latest financial statements of Avance Decor on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2024 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Avance Decor is ACB-5971. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Avance Decor was incorporated on 13 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashwinkumar Ramnikbhai Savsani was appointed as Partner on 13 Jun 2023. Bhavesh Ambarambhai Bhayani was appointed as Designated Partner on 13 Jun 2023. Jayeshkumar Mansukhlal Amrutia was appointed as Designated Partner on 13 Jun 2023. Avance Decor has 4 designated partner changes on record in total.
The registered office of Avance Decor is at Survey No 1627 Near Bansi Panel Industries Llp, Maliya Highway Khakhrechi, Morbi, Gujarat, India – 363635.
Avance Decor operates in the manufacturing industry, in the wood products and mdf segment.
Avance Decor has open charges of ₹24.5 Cr and no satisfied charges on record as per latest MCA filings.
Avance Decor can be reached at its registered office: Survey No 1627 Near Bansi Panel Industries Llp, Maliya Highway Khakhrechi, Morbi, Gujarat, India – 363635.