Florice Ceramic LLP - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAM-5484 Incorporated 03 May 2018 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Limited Liability Partnership manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹4.86 Cr
▼ 68% YoY
Net loss · FY 2023
₹2.91 Cr
Net margin -59.8%
EBITDA · FY 2023
-₹1.57 Cr
EBITDA margin -32.3%
Contribution obligation
₹5.2 Cr
As per LLP agreement
Open charges
₹11.2 Cr
Secured borrowings
LLP age
8 yrs
Est. 2018
Employees · EPFO
7
Provident fund records
Designated partners
2
As per MCA filings

About Florice Ceramic LLP

Data last updated:

Florice Ceramic LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 03 May 2018 and has been in existence for over 8 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-5484. Its GSTIN is 24AAFFF8832J1Z9 (Gujarat).

The LLP has a total obligation of contribution of ₹5.2 Cr. It is led by designated partners Ramnik Dayabhai Baraiya and Bharat Bhagvanjibhai Charola.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Survey No. 507P2 Village: Bela Rangpar, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.86 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹2.91 Cr (net margin -59.8%) and EBITDA of -₹1.57 Cr (EBITDA margin -32.3%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.

The LLP has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹11.2 Cr on record. Court records list 7 cases involving the LLP, including 5 filed by the LLP and 2 filed against it; 3 cases are pending.

Florice Ceramic LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0012086).

Company details

LLPIN AAM-5484
Incorporation Date 03 May 2018
Total Obligation of Contribution ₹5.2 Cr
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2023
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0012086

Recognitions & Rankings of Florice Ceramic

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-32-0012086

Contact details

Florice Ceramic LLP's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Survey No. 507P2 Village: Bela Rangpar, Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile

To see the full contact details of Florice Ceramic LLP, buy the company report.

Comprehensive company report
Florice Ceramic 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 Florice Ceramic LLP

FY 2023 filings available

Florice Ceramic LLP reported revenue of ₹4.86 Cr (down 68% YoY) for FY 2023.

Revenue · FY 2023
₹4.86 Cr ▼ 68%
Net loss · FY 2023
₹2.91 Cr margin -59.8%
EBITDA · FY 2023
-₹1.57 Cr margin -32.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 68% fall 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹2.91 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 SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-59.8%
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 Florice Ceramic LLP, buy the company report.

Designated partners of Florice Ceramic LLP

Florice Ceramic has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ramnik Dayabhai BaraiyaDesignated Partner03 May 20188 Years 5 MonthsCurrent
Bharat Bhagvanjibhai CharolaDesignated Partner03 May 20188 Years 5 MonthsCurrent

Charges & borrowings

Open charges
₹11.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Saurashtra Gramin Bank₹11.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jan 2019100230475Saurashtra Gramin Bank₹11.2 CrOpen

To see the full charge records of Florice Ceramic LLP, buy the company report.

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

Florice Ceramic LLP was last rated by Crisil on 21 Aug 2020.

Rating agencyRated onRating
Crisil21 Aug 2020

To see the full credit ratings and regulatory alerts of Florice Ceramic LLP, buy the company report.

MSME payment delays

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

Employees & EPFO

Florice Ceramic LLP has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
-36.36%

GST

Florice Ceramic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFFF8832J1Z9GujaratActive15 Jun 2018

To see the full GST registrations and return filing status of Florice Ceramic LLP, buy the company report.

Recent activity

Florice Ceramic LLP has 5 designated partner changes on record since 2018: 3 appointments and 2 cessations. The latest: Hiteshbhai Harilal Bhatiya ceased to be Designated Partner on 28 Sep 2018.

AGM
Florice Ceramic Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Filing
Florice Ceramic Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Saurashtra Gramin Bank of Rs. 11.20 Cr registered on 03 Jan 2019 with Charge ID 100230475 was modified on 25 Aug 2022.
Charges
A charge with Saurashtra Gramin Bank amounted to Rs. 11.20 Cr with Charge ID 100230475 was registered on 03 Jan 2019.
Ceased
Hiteshbhai Harilal Bhatiya ceased to be Designated Partner.
Ceased
Ravi Pravinbhai Kasundra ceased to be Designated Partner.
Appointed
Bharat Bhagvanjibhai Charola was appointed as Designated Partner.
Appointed
Hitesh Manilal Patel was appointed as Partner.
Appointed
Ramnik Dayabhai Baraiya was appointed as Designated Partner.
Incorporation
03 May 2018
Florice Ceramic Llp was registered on 03 May 2018 with Roc Ahmedabad & aged 8 years 5 months as per MCA records.

Frequently asked questions

Florice Ceramic is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 03 May 2018 (8+ years old) and is registered under LLPIN AAM-5484.

Florice Ceramic has 2 current designated partners:

The latest financial statements of Florice Ceramic on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Florice Ceramic is 24AAFFF8832J1Z9, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Florice Ceramic is AAM-5484. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Florice Ceramic has 7 court cases on record: 5 filed by the LLP and 2 filed against it. 3 are pending. Most are in the district courts.

Florice Ceramic was incorporated on 03 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Hiteshbhai Harilal Bhatiya ceased to be Designated Partner on 28 Sep 2018. Ravi Pravinbhai Kasundra ceased to be Designated Partner on 28 Sep 2018. Bharat Bhagvanjibhai Charola was appointed as Designated Partner on 03 May 2018. Florice Ceramic has 5 designated partner changes on record in total.

Yes, Florice Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0012086).

The registered office of Florice Ceramic is at Survey No. 507P2 Village: Bela Rangpar, Morbi, Gujarat, India – 363642.