Lovson Auto LLP - automotive in Mumbai, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAB-0267 Incorporated 18 July 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Limited Liability Partnership automotive
Data last updated
Revenue · FY 2021
₹32.73 Lakh
Latest filing
Net profit · FY 2021
₹6.48 Lakh
Net margin 19.8%
EBITDA · FY 2021
₹5.16 Lakh
EBITDA margin 15.8%
Contribution obligation
₹2 Lakh
As per LLP agreement
Satisfied charges
₹1.5 Cr
No open charges
LLP age
14 yrs
Est. 2012
Designated partners
3
As per MCA filings
GST registrations
2
None active

About Lovson Auto LLP

Data last updated:

Lovson Auto LLP was a limited liability partnership (LLP) based in Mumbai, Maharashtra, 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 automobile dealership and trading segment of the automotive sector. It was incorporated on 18 July 2012.

The LLP was registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAB-0267. The LLP has 2 GST registrations on record, none of which is active.

The LLP had a total obligation of contribution of ₹2 Lakh. It was led by designated partners including Jinesh Bharatlal Shah and Jay Jinesh Shah.

Its latest statement of accounts is for the year ended 31 March 2021. The registered office was at 98 Bajaj Bhavan Nariman Point Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2021, the LLP reported a revenue of ₹32.73 Lakh. For the same year it recorded a net profit of ₹6.48 Lakh (net margin 19.8%) and EBITDA of ₹5.16 Lakh (EBITDA margin 15.8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 40% over five years.

As per MCA filings, the LLP had satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the LLP, including 2 filed by the LLP.

The last known website on record is lovson.net.

Company Details of Lovson Auto LLP
LLPIN AAB-0267
Incorporation Date 18 July 2012
Total Obligation of Contribution ₹2 Lakh
ROC Mumbai
Company Status Struck Off
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2021
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    98 Bajaj Bhavan Nariman Point Mumbai, Maharashtra, India – 400021
  • Industry
    Automotive, Auto Dealership & Trading
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Financials, compliance, directors, charges, ownership and filings for Lovson Auto LLP in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Lovson Auto LLP FY 2021 filings available

Lovson Auto LLP reported revenue of ₹32.73 Lakh for FY 2021.

Revenue · FY 2021
₹32.73 Lakh
Net profit · FY 2021
₹6.48 Lakh margin 19.8%
EBITDA · FY 2021
₹5.16 Lakh margin 15.8%

Compounded Annual Growth Rate (CAGR) of Lovson Auto LLP

Revenue CAGR growth
3 years · compounded
▼ 54%
5 years · compounded
▼ 40%
EBITDA CAGR growth
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 40% over five years. 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 of Lovson Auto LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income₹32.73 Lakh••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax₹6.48 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 of Lovson Auto LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin19.8%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Lovson Auto are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Designated Partners of Lovson Auto LLP

Lovson Auto has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Jinesh Bharatlal ShahDesignated Partner18 Jul 201214 Years 2 MonthsAs last reported
Jay Jinesh ShahDesignated Partner13 Feb 20197 Years 7 MonthsAs last reported
Arti Jinesh ShahDesignated Partner18 Jul 201214 Years 2 MonthsAs last reported

Ownership and Shareholding of Lovson Auto LLP

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Lovson Auto LLP

Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Bank of India₹1.50 Cr
Latest charge details
DateLenderAmountStatus
16 Feb 2019Bank of India₹1.5 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Lovson Auto LLP

Employment history and EPFO contributions of people linked to Lovson Auto.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Lovson Auto LLP

Lovson Auto LLP has 4 designated partner changes on record since 2012: 3 appointments and 1 cessation. The latest: Jay Jinesh Shah was appointed as Designated Partner on 13 Feb 2019.

AGM
Lovson Auto Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Charges
A charge registered on 16 Feb 2019 via Charge ID 100243393 with Bank Of India was fully satisfied on 28 Sep 2021.
Filing
Lovson Auto Llp has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Charges
A charge with Bank Of India amounted to Rs. 150.00 Lakh with Charge ID 100243393 was registered on 16 Feb 2019.
Appointed
Jay Jinesh Shah was appointed as Designated Partner.
Ceased
Jay Jinesh Shah ceased to be Partner.
Appointed
Arti Jinesh Shah was appointed as Designated Partner.
Appointed
Jinesh Bharatlal Shah was appointed as Designated Partner.
Incorporation
18 Jul 2012
Lovson Auto Llp was registered on 18 Jul 2012 with Roc Mumbai & aged 14 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Lovson Auto LLP

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Lovson Auto LLP

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Lovson Auto LLP

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Lovson Auto LLP

Lovson Auto has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Lovson Auto LLP

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Lovson Auto LLP

Lovson Auto 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.

Lovson Auto was a limited liability partnership based in Mumbai, Maharashtra, India. The LLP worked in auto dealership and trading, within the automotive industry. It was incorporated on 18 July 2012 and is registered under LLPIN AAB-0267. The LLP has been struck off by the Registrar of Companies and is no longer operational.

Lovson Auto had 3 designated partners:

The LLPIN (Limited Liability Partnership Identification Number) of Lovson Auto is AAB-0267. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

The registered office of Lovson Auto is at 98 Bajaj Bhavan Nariman Point Mumbai, Maharashtra, India – 400021.

Lovson Auto was incorporated on 18 July 2012. It is registered with the Registrar of Companies, Mumbai.

Lovson Auto can be reached through the website lovson.net. Its registered office is in Mumbai, Maharashtra, India.

Lovson Auto reported revenue of ₹32.73 Lakh for FY 2021.

The total obligation of contribution is ₹2 Lakh.

Lovson Auto reported a net profit of ₹6.48 Lakh (net margin 19.8%) and EBITDA of ₹5.16 Lakh (EBITDA margin 15.8%) for FY 2021, as per its filed financial statements.

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