Key Concepts IT Services Limited Liability Partnership

Key Concepts IT Services Limited Liability Partnership - information technology in Surat, Gujarat, India. Directors, charges & compliance details.
LLPIN AAE-2531 Incorporated 24 June 2015 ROC Ahmedabad HQ Surat, Gujarat, India
Active Limited Liability Partnership information technology
Data last updated
Revenue · FY 2023
₹1.23 Cr
▲ 33% YoY
Contribution obligation
₹50,000
As per LLP agreement
LLP age
11 yrs
Est. 2015
Employees · EPFO
4
Provident fund records
Designated partners
2
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2023
Balance sheet date
LLP status
Active
MCA master data

About Key Concepts IT Services Limited Liability Partnership

Data last updated:

Key Concepts IT Services Limited Liability Partnership is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 June 2015 and has been in existence for over 11 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAE-2531.

The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Rahul Prahladbhai Prajapati and Punit Sureshbhai Gajera.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Shop – 306 – 312 Highfield Ascot Opp – Palm Avenue Vesu, Surat, Gujarat, India – 395007.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.23 Cr, a growth of 33% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.

The LLP has about 4 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: KCITS.

For more details, the LLP can be reached via its website keyconcepts.co.in.

Company details

LLPIN AAE-2531
Incorporation Date 24 June 2015
Total Obligation of Contribution ₹50,000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2023

Contact details

Key Concepts IT Services Limited Liability Partnership's registered office is in Surat, Gujarat.

  • Social Media
  • Registered Address
    Shop – 306 – 312 Highfield Ascot Opp – Palm Avenue Vesu, Surat, Gujarat, India – 395007
  • Industry
    Information Technology, Computer Related Activities
Comprehensive company report
Key Concepts IT Services Limited Liability Partnership - one report that includes everything
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  • 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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Brands

Key Concepts IT Services operates one associated brand: KCITS. Each brand links to its own profile.

BrandDescriptionWebsite
Software development company offering IT solutions, services, and products worldwide.keyconcepts.co.in

Financials of Key Concepts IT Services Limited Liability Partnership

FY 2023 filings available

Key Concepts IT Services Limited Liability Partnership reported revenue of ₹1.23 Cr (up 33% YoY) for FY 2023.

Revenue · FY 2023
₹1.23 Cr ▲ 33%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 23%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 33% growth 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
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
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 Key Concepts IT Services Limited Liability Partnership, buy the company report.

Designated partners of Key Concepts IT Services Limited Liability Partnership

Key Concepts IT Services has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Rahul Prahladbhai PrajapatiDesignated Partner24 Jun 201511 Years 3 MonthsCurrent
Punit Sureshbhai GajeraDesignated Partner24 Jun 201511 Years 3 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Key Concepts IT Services Limited Liability Partnership; 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 Key Concepts IT Services Limited Liability Partnership; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Key Concepts IT Services Limited Liability Partnership has 3 designated partner changes on record since 2015: 2 appointments and 1 cessation. The latest: Alpeshkumar Gokalbhai Kotadia ceased to be Designated Partner on 02 Sep 2020.

AGM
Key Concepts It Services Limited Liability Partnership last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Key Concepts It Services Limited Liability Partnership has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Alpeshkumar Gokalbhai Kotadia ceased to be Designated Partner.
Appointed
Punit Sureshbhai Gajera was appointed as Designated Partner.
Appointed
Rahul Prahladbhai Prajapati was appointed as Designated Partner.
Incorporation
24 Jun 2015
Key Concepts It Services Limited Liability Partnership was registered on 24 Jun 2015 with Roc Ahmedabad & aged 11 years 4 months as per MCA records.

Frequently asked questions

Key Concepts IT Services is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in computer related activities, within the information technology industry. It was incorporated on 24 June 2015 (11+ years old) and is registered under LLPIN AAE-2531.

Key Concepts IT Services has 2 current designated partners:

The latest financial statements of Key Concepts IT Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2016 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Key Concepts IT Services is AAE-2531. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Key Concepts IT Services was incorporated on 24 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Alpeshkumar Gokalbhai Kotadia ceased to be Designated Partner on 02 Sep 2020. Punit Sureshbhai Gajera was appointed as Designated Partner on 24 Jun 2015. Rahul Prahladbhai Prajapati was appointed as Designated Partner on 24 Jun 2015.

Key Concepts IT Services can be reached through the website keyconcepts.co.in. Its registered office is in Surat, Gujarat, India.

The registered office of Key Concepts IT Services is at Shop – 306 – 312 Highfield Ascot Opp – Palm Avenue Vesu, Surat, Gujarat, India – 395007.

Key Concepts IT Services operates in the information technology industry, in the computer related activities segment.

Key Concepts IT Services has 1 associated brand: Kcits.