MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KL-09-0010057
Tip Top Furniture Pvt Ltd - consumer electronics & durables in Malappuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹15.43 Cr
▼ 53% YoY
Net loss · FY 2020
₹37.2 Lakh
Net margin -2.4%
EBITDA · FY 2020
-₹7.29 Lakh
EBITDA margin -0.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹1.65 Cr
Satisfied ₹20.14 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
2
Provident fund records
About Tip Top Furniture Pvt Ltd
Data last updated:
Tip Top Furniture Pvt Ltd is a private limited company based in Malappuram, Kerala, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U36109KL1994PTC008179. Its GSTIN is 32AABCT2849Q1ZX (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.2 Cr. It is led by directors including Jemseen Kunnathodi (Managing Director) and Aboobeckar Sidique Veerasseri.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4/704 Ff N H Kottakkal Edarikkode P O, Malappuram, Kerala, India – 676501.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.43 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹37.2 Lakh (net margin -2.4%) and EBITDA of -₹7.29 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: TIP TOP furniture and AppleCart. As per MCA filings, the company has open charges of ₹1.65 Cr and satisfied charges of ₹20.14 Cr on record. Court records list 22 cases involving the company, including 12 filed by the company and 10 filed against it; 2 cases are pending.
Tip Top Furniture Pvt Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-09-0010057). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tiptopfurniture.co.in.
Company details
CIN U36109KL1994PTC008179
Registration Number 008179
Incorporation Date 19 September 1994
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KL-09-0010057
Key People
Jemseen Kunnathodi Managing Director Aboobeckar Sidique Veerasseri Director Paramban Biju Mon Director Recognitions & Rankings of Tip Top Furniture
Contact details
Tip Top Furniture Pvt Ltd's registered office is in Malappuram, Kerala. Its website is tiptopfurniture.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4/704 Ff N H Kottakkal Edarikkode P O, Malappuram, Kerala, India – 676501
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Tip Top Furniture Pvt Ltd, buy the company report.
Comprehensive company report
Tip Top Furniture Pvt Ltd - 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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Brands
Tip Top Furniture operates two associated brands: TIP TOP furniture and AppleCart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells high-quality wooden furniture in Kerala, India. | tiptopfurniture.co.in | |
| Furniture manufacturing and retail in Kerala, India. | applecart.co.in |
Business activity
The main business activity of Tip Top Furniture is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Tip Top Furniture Pvt Ltd, buy the company report.
Financials of Tip Top Furniture Pvt Ltd
FY 2020 filings availableTip Top Furniture Pvt Ltd reported revenue of ₹15.43 Cr (down 53% YoY) for FY 2020.
Revenue · FY 2020
₹15.43 Cr ▼ 53%
Net loss · FY 2020
₹37.2 Lakh margin -2.4%
EBITDA · FY 2020
-₹7.29 Lakh margin -0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 13%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 107%
3 years · compounded
▲ 61%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 53% fall in the latest year. EBITDA fell 107% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.43 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tip Top Furniture Pvt Ltd, buy the company report.
Board of directors of Tip Top Furniture Pvt Ltd
Tip Top Furniture has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jemseen Kunnathodi Also directs: Home Key Ventures Private Limited | Managing Director | 12 Aug 2025 | 1 Years 2 Months | Current |
| Aboobeckar Sidique Veerasseri | Director | 12 Aug 2025 | 1 Years 2 Months | Current |
| Paramban Biju Mon | Director | 12 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Tip Top Furniture Pvt Ltd is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Icmc Projects Private Limited | ₹15.64 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Pace Seating Systems Private Limited | ₹15.52 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Tip Top Furniture Pvt Ltdthis company | ₹15.43 Cr (FY 2020) | -₹37.2 Lakh | -2.4% | -53.0% | 2 | Malappuram, Kerala, India |
| Merlin Exim Pvt Ltd | ₹15.35 Cr (FY 2025) | 57.0% | New Delhi, Delhi, India | |||
| Shalom Foams Private Limited | ₹15.31 Cr (FY 2023) | 931.0% | Vanagaram, Tamil Nadu, India |
To see the full peer comparison of Tip Top Furniture Pvt Ltd, buy the company report.
Auditor
Tip Top Furniture Pvt Ltd is audited by A A K K & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A A K K & ASSOCIATES | FY 2020 | 013928S |
Shareholding
The shareholding of Tip Top Furniture Pvt Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tip Top Furniture Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.65 Cr
Satisfied charges
₹20.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2017 | 100111034 | Others | ₹1.65 Cr | Open | |
| 27 Mar 2015 | 10605446 | Idbi Bank Limited | ₹6.25 Cr | Satisfied | |
| 27 Mar 2015 | 10605579 | Idbi Bank Limited | ₹2.27 Cr | Satisfied | |
| 27 Mar 2015 | 10605596 | Idbi Bank Limited | ₹97.86 Lakh | Satisfied | |
| 07 Aug 2013 | 10446914 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Tip Top Furniture Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Tip Top Furniture Pvt Ltd has 22 court cases on record: 12 filed by Tip Top Furniture, 10 filed against it. 2 cases are pending and 20 are disposed.
Total cases
22
Filed by the company
12
Filed against the company
10
Pending
2
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 0 |
| District courts | 7 | 7 | 1 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against South Indian Bank and 1 other | Pending |
| District court, Malappuram, Kerala | Civil suit | Filed against the company by an individual | Pending |
| District court, Malappuram, Kerala | Execution petition | Filed against the company by Ajfan International Retail LLP Represented by Its Designated Partner Muhammed Kutty Represented by Power of Attorney Holder Abdul Bari | Disposed |
| District court, Malappuram, Kerala | Civil suit | Filed against the company by M/S Ajfan International Retail LLP | Disposed |
| District court, Malappuram, Kerala | Execution petition | Filed against the company by Ajfan International Retail LLP Represented by Its Designated Partner Mohamedkutty | Disposed |
To see the full case history of Tip Top Furniture Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tip Top Furniture Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tip Top Furniture Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Tip Top Furniture has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCT2849Q1ZX | Kerala | Active | 01 Jul 2017 |
| 32AABCT2849Q2ZW | Kerala | Active | 21 Dec 2021 |
To see the full GST registrations and return filing status of Tip Top Furniture Pvt Ltd, buy the company report.
Recent activity
Tip Top Furniture Pvt Ltd has 15 board changes on record since 2010: 5 appointments and 10 cessations. The latest: Aboobeckar Sidique Veerasseri was appointed as Director on 12 Aug 2025.
Appointed
Aboobeckar Sidique Veerasseri was appointed as Director.
Ceased
Hamza Areembra ceased to be Additional Director.
Appointed
Jemseen Kunnathodi was appointed as Managing Director.
Appointed
Paramban Biju Mon was appointed as Director.
Charges
A charge registered on 26 Sep 2011 via Charge ID 10317448 with State Bank Of India was fully satisfied on 24 Jan 2024.
Charges
A charge registered on 27 Mar 2015 via Charge ID 10605446 with Idbi Bank Limited was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 27 Mar 2015 via Charge ID 10605579 with Idbi Bank Limited was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 27 Mar 2015 via Charge ID 10605596 with Idbi Bank Limited was fully satisfied on 23 Jan 2024.
Appointed
Ahamed Junaish Karumbil was appointed as Additional Director.
Ceased
Kunnathodi Yazar Arafath ceased to be Director.
Ceased
Sulfikar Ali Kunnathodi ceased to be Director.
Ceased
Thithumma Arimbra ceased to be Director.
26 earlier events are in the company report.
Frequently asked questions
Tip Top Furniture is an active private limited company based in Malappuram, Kerala, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 September 1994 (32+ years old) and is registered under CIN U36109KL1994PTC008179.
Tip Top Furniture has 3 current directors:
- Jemseen Kunnathodi - Managing Director
- Aboobeckar Sidique Veerasseri - Director
- Paramban Biju Mon - Director
The latest financial statements of Tip Top Furniture on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Tip Top Furniture is 32AABCT2849Q1ZX, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCT2849Q2ZW (Kerala).
The CIN (Corporate Identification Number) of Tip Top Furniture is U36109KL1994PTC008179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tip Top Furniture has 22 court cases on record: 12 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Tip Top Furniture was incorporated on 19 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Tip Top Furniture by revenue are Icmc Projects Private Limited, Pace Seating Systems Private Limited, Merlin Exim Pvt Ltd, Shalom Foams Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Aboobeckar Sidique Veerasseri was appointed as Director on 12 Aug 2025. Hamza Areembra ceased to be Additional Director on 12 Aug 2025. Jemseen Kunnathodi was appointed as Managing Director on 12 Aug 2025. Tip Top Furniture has 15 board changes on record in total.
Yes, Tip Top Furniture is registered as an MSME under Udyam registration (number: UDYAM-KL-09-0010057).
Tip Top Furniture can be reached through the website tiptopfurniture.co.in. Its registered office is in Malappuram, Kerala, India.
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