About Milliman Advisors LLP
Data last updated:
Milliman Advisors LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 January 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-5603. Its GSTIN is 27ABCFM4858K1ZT (Maharashtra).
The LLP has a total obligation of contribution of ₹2.5 Lakh. It is led by designated partners Richard Holloway and Shamit Gupta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the LLP reported a revenue of ₹3.98 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹7.76 Lakh (net margin -2%) and EBITDA of ₹3.91 Cr (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years.
For more details, the LLP can be reached via its website milliman.com.
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- Registered AddressOffice No. 503 5th Floor, Citi Point Commercial Complex Andheri, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Milliman Advisors LLP FY 2025 filings available
Milliman Advisors LLP reported revenue of ₹3.98 Cr (down 25% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Milliman Advisors LLP
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA fell 28% 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 of Milliman Advisors LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | ₹3.98 Cr | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹7.76 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 Milliman Advisors LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -2% | •••• | •••• | •••• |
| 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 Milliman Advisors are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Milliman Advisors LLP
Auditor information for Milliman Advisors LLP provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Designated Partners of Milliman Advisors LLP
Milliman Advisors has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Holloway | Designated Partner | 09 Feb 2016 | 10 Years 8 Months | Current |
| Shamit Gupta | Designated Partner | 27 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Milliman Advisors LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Milliman Advisors LLP
Milliman Advisors LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Milliman Advisors LLP
Employment history and EPFO contributions of people linked to Milliman Advisors.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Milliman Advisors LLP
Milliman Advisors LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Richard Holloway was appointed as Designated Partner on 09 Feb 2016.
Credit Ratings, Litigation & Regulatory Alerts for Milliman Advisors LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Milliman Advisors LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Milliman Advisors LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Milliman Advisors LLP
Milliman Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCFM4858K1ZT | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milliman Advisors LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Milliman Advisors LLP
Milliman Advisors is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 January 2016 (10+ years old) and is registered under LLPIN AAF-5603.
Milliman Advisors reported revenue of ₹3.98 Cr for FY 2019 (down 25% YoY).
Milliman Advisors has 2 current designated partners:
- Richard Holloway - Designated Partner
- Shamit Gupta - Designated Partner
Milliman Advisors reported a net loss of ₹7.76 Lakh (net margin -2%) and EBITDA of ₹3.91 Cr (EBITDA margin 98.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milliman Advisors is 84% over three years. In the latest year (FY 2019) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milliman Advisors is 27ABCFM4858K1ZT, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Milliman Advisors is AAF-5603. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Milliman Advisors was incorporated on 27 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Richard Holloway was appointed as Designated Partner on 09 Feb 2016. Shamit Gupta was appointed as Designated Partner on 27 Jan 2016.
Milliman Advisors can be reached through the website milliman.com. Its registered office is in Mumbai, Maharashtra, India.