Fine Art International LLP

Fine Art International LLP - fashion and textile in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
LLPIN AAC-4607 Incorporated 14 July 2014 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Struck Off Limited Liability Partnership fashion and textile
Data last updated
Revenue · FY 2021
₹25.42 Lakh
▲ 4% YoY
Net profit · FY 2021
₹23.03 Lakh
Net margin 90.6%
EBITDA · FY 2021
-₹36,697
EBITDA margin -1.4%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
12 yrs
Est. 2014
Designated partners
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
LLP status
Struck Off
MCA master data

About Fine Art International LLP

Data last updated:

Fine Art International LLP was a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. The LLP has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 14 July 2014.

The LLP was registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAC-4607.

The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners including Mayur Ramesh Patel and Kala Ramesh Patel.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at Ahmedabad, Gujarat.

As per the financials filed for FY 2021, the LLP reported a revenue of ₹25.42 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹23.03 Lakh (net margin 90.6%) and EBITDA of -₹36,697 (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 8% over five years.

Company details

LLPIN AAC-4607
Incorporation Date 14 July 2014
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2024

Contact details

Fine Art International LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    8 Tulip Bunglows – Part I, Thaltej, Ahmedabad, Gujarat, India – 380054
  • Industry
    Fashion and Textile, Fashion Retail

To see the full contact details of Fine Art International LLP, buy the company report.

Comprehensive company report
Fine Art International LLP - one report that includes everything
  • 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 Fine Art International LLP

FY 2024 filings available

Fine Art International LLP reported revenue of ₹25.42 Lakh (up 4% YoY) for FY 2021.

Revenue · FY 2021
₹25.42 Lakh ▲ 4%
Net profit · FY 2021
₹23.03 Lakh margin 90.6%
EBITDA · FY 2021
-₹36,697 margin -1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 57%
5 years · compounded
▼ 8%

Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. 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

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹23.03 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 SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin90.6%
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 Fine Art International LLP, buy the company report.

Designated partners of Fine Art International LLP

Fine Art International has 3 designated partners on record. No former designated partners are listed.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Mayur Ramesh PatelDesignated Partner14 Jul 201412 Years 3 MonthsAs last reported
Kala Ramesh PatelDesignated Partner14 Jul 201412 Years 3 MonthsAs last reported
Ramesh Rambhai PatelDesignated Partner14 Jul 201412 Years 3 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fine Art International LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Fine Art International LLP has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

No GST registration is on our record for Fine Art International LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Fine Art International LLP has 3 designated partner changes on record since 2014: 3 appointments. The latest: Kala Ramesh Patel was appointed as Designated Partner on 14 Jul 2014.

AGM
Fine Art International Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Filing
Fine Art International Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Kala Ramesh Patel was appointed as Designated Partner.
Appointed
Mayur Ramesh Patel was appointed as Designated Partner.
Appointed
Ramesh Rambhai Patel was appointed as Designated Partner.
Incorporation
14 Jul 2014
Fine Art International Llp was registered on 14 Jul 2014 with Roc Ahmedabad & aged 12 years 3 months as per MCA records.

Frequently asked questions

Fine Art International has a status of "Struck Off" as per MCA records. This means the LLP has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off LLP cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Fine Art International was a limited liability partnership based in Ahmedabad, Gujarat, India. The LLP worked in fashion retail, within the fashion and textile industry. It was incorporated on 14 July 2014 and is registered under LLPIN AAC-4607. The LLP has been struck off by the Registrar of Companies and is no longer operational.

Fine Art International had 3 designated partners:

The LLPIN (Limited Liability Partnership Identification Number) of Fine Art International is AAC-4607. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

The registered office of Fine Art International is at 8 Tulip Bunglows – Part I, Thaltej, Ahmedabad, Gujarat, India – 380054.

Fine Art International was incorporated on 14 July 2014. It is registered with the Registrar of Companies, Ahmedabad.

The latest financial statements of Fine Art International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from 2015 are in the company report.

Fine Art International operated in the fashion and textile industry, in the fashion retail segment. It worked in this industry before it was struck off.

Kala Ramesh Patel was appointed as Designated Partner on 14 Jul 2014. Mayur Ramesh Patel was appointed as Designated Partner on 14 Jul 2014. Ramesh Rambhai Patel was appointed as Designated Partner on 14 Jul 2014.

Fine Art International can be reached at its registered office: 8 Tulip Bunglows – Part I, Thaltej, Ahmedabad, Gujarat, India – 380054.