Middlemile Pro LLP - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAI-3275 Incorporated 20 January 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership transport and logistics
Data last updated
Revenue · FY 2023
₹63.03 Cr
▼ 3% YoY
Net loss · FY 2023
₹8.78 Cr
Net margin -13.9%
EBITDA · FY 2023
-₹6.44 Lakh
EBITDA margin -0.1%
Contribution obligation
₹50 Lakh
As per LLP agreement
Open charges
₹14.23 Cr
Secured borrowings
LLP age
9 yrs
Est. 2017
Employees · EPFO
55
Provident fund records
Designated partners
2
As per MCA filings

About Middlemile Pro LLP

Data last updated:

Middlemile Pro LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 20 January 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAI-3275. The LLP has 1 GST registration on record, which is no longer active.

The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners Alex Parackamannil Mathew and Rajesh Bhatia.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at C – 103 Dahisar Rock Garden II Chs. Off Link Road Kanderpada Dahisar West, Mumbai, Maharashtra, India – 400068.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹63.03 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹8.78 Cr (net margin -13.9%) and EBITDA of -₹6.44 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 53% over five years.

The LLP has about 55 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: MiddleMile. As per MCA filings, the LLP has open charges of ₹14.23 Cr on record. Court records list 44 cases involving the LLP, including 44 filed against it; 10 cases are pending.

For more details, the LLP can be reached via its website middlemilepro.com.

Company Details of Middlemile Pro LLP
LLPIN AAI-3275
Incorporation Date 20 January 2017
Total Obligation of Contribution ₹50 Lakh
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    C – 103 Dahisar Rock Garden II Chs. Off Link Road Kanderpada Dahisar West, Mumbai, Maharashtra, India – 400068
  • Industry
    Transport and Logistics, Carriers Services
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Financials, compliance, directors, charges, ownership and filings for Middlemile Pro LLP in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Financials of Middlemile Pro LLP FY 2023 filings available

Middlemile Pro LLP reported revenue of ₹63.03 Cr (down 3% YoY) for FY 2023.

Revenue · FY 2023
₹63.03 Cr ▼ 3%
Net loss · FY 2023
₹8.78 Cr margin -13.9%
EBITDA · FY 2023
-₹6.44 Lakh margin -0.1%

Compounded Annual Growth Rate (CAGR) of Middlemile Pro LLP

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 37%
5 years · compounded
▲ 53%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. 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 Middlemile Pro LLP

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-₹8.78 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 of Middlemile Pro LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-13.9%••••••••••••••••
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 Middlemile Pro are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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  • Balance sheets
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Designated Partners of Middlemile Pro LLP

Middlemile Pro has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Alex Parackamannil MathewDesignated Partner20 Jan 20179 Years 8 MonthsCurrent
Rajesh BhatiaDesignated Partner20 Jan 20179 Years 8 MonthsCurrent

Ownership and Shareholding of Middlemile Pro 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 Middlemile Pro LLP

Open charges
₹14.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹7.00 Cr
Hinduja Leyland Finance Limited₹2.72 Cr
The Federal Bank Ltd₹2.69 Cr
Axis Bank Limited₹1.15 Cr
Indusind Bank Ltd.₹0.68 Cr
Latest charge details
DateLenderAmountStatus
15 Dec 2022The Federal Bank Ltd₹15.65 LakhOpen
15 Dec 2022The Federal Bank Ltd₹1.02 CrOpen
15 Dec 2022The Federal Bank Ltd₹78 LakhOpen
07 Dec 2021Hdfc Bank Limited₹2 CrOpen
07 Dec 2021Hdfc Bank Limited₹5 CrOpen

Total charge records: 10 View all charges

Associated Brands with Middlemile Pro LLP

Middlemile Pro operates one associated brand: MiddleMile. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers trucking transportation and comprehensive logistics services.middlemilepro.com

Employees and EPFO Compliance at Middlemile Pro LLP

Middlemile Pro LLP has a workforce of 56 employees as of Apr 07, 2024.

Employee count
56
Active EPFO establishments
1
Employee growth
64.71%
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Employee and EPFO history

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

  • Monthly headcount
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  • Establishment history

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Recent Activity on Middlemile Pro LLP

Middlemile Pro LLP has 3 designated partner changes on record since 2017: 2 appointments and 1 cessation. The latest: Sanam Bal Kamal Dhir ceased to be Designated Partner on 10 May 2018.

AGM
Middlemile Pro Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Middlemile Pro Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 15.65 Lakh with Charge ID 100728106 was registered on 15 Dec 2022.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 101.60 Lakh with Charge ID 100728109 was registered on 15 Dec 2022.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 78.00 Lakh with Charge ID 100728315 was registered on 15 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 07 Dec 2021 with Charge ID 100516652 was modified on 11 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100510839 was registered on 07 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100516652 was registered on 07 Dec 2021.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 73.50 Lakh with Charge ID 100500372 was registered on 09 Sep 2021.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 67.50 Lakh with Charge ID 100475910 was registered on 31 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100471775 was registered on 02 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 109.00 Lakh with Charge ID 100459165 was registered on 02 Jul 2021.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Middlemile Pro LLP

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Middlemile Pro 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 Middlemile Pro 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 Middlemile Pro LLP

Middlemile Pro has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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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.

  • GSTIN registrations
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MCA Filings & Documents of Middlemile Pro 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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  • Annual returns and statements
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  • Complete filing index

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Frequently Asked Questions about Middlemile Pro LLP

Middlemile Pro is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in carriers services, within the transport and logistics industry. It was incorporated on 20 January 2017 (9+ years old) and is registered under LLPIN AAI-3275.

Middlemile Pro reported revenue of ₹63.03 Cr for FY 2023 (down 3% YoY).

Middlemile Pro has 2 current designated partners:

Middlemile Pro reported a net loss of ₹8.78 Cr (net margin -13.9%) and EBITDA of -₹6.44 Lakh (EBITDA margin -0.1%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Middlemile Pro is 37% over three years and 53% over five years. In the latest year (FY 2023) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.

No. Middlemile Pro has 1 GST registration on record and it is cancelled or inactive.

The LLPIN (Limited Liability Partnership Identification Number) of Middlemile Pro is AAI-3275. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Middlemile Pro has 44 court cases on record: 44 filed against it. 10 are pending. Most are in the district courts.

Middlemile Pro was incorporated on 20 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Sanam Bal Kamal Dhir ceased to be Designated Partner on 10 May 2018. Alex Parackamannil Mathew was appointed as Designated Partner on 20 Jan 2017. Rajesh Bhatia was appointed as Designated Partner on 20 Jan 2017.

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