Virgin Enterprise LLP
About Virgin Enterprise LLP
Data last updated:
Virgin Enterprise LLP was a limited liability partnership (LLP) based in Hyderabad, Telangana, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the construction materials distribution segment of the metals and mining sector. It was incorporated on 21 March 2017.
The LLP was registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAI-8925. Its GSTIN is 36AAOFV9183B1ZQ (Telangana).
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners Saikiran Kancharla and Sireesha Kancharla.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office was at Plot No. 720 Defence Colony Sainikpuri Secunderabad, Hyderabad, Telangana, India – 500094.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹8.2 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹19.17 Lakh (net margin 2.3%) and EBITDA of ₹29.09 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 28% over five years.
The LLP has about 14 employees on its provident fund (EPFO) records.
Company details
Contact details
Virgin Enterprise LLP's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 720 Defence Colony Sainikpuri Secunderabad, Hyderabad, Telangana, India – 500094
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Virgin Enterprise LLP, buy the company report.
- 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
Financials of Virgin Enterprise LLP
FY 2023 filings availableVirgin Enterprise LLP reported revenue of ₹8.2 Cr (up 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 39% growth in the latest year. EBITDA rose 125% 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 Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹8.2 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹19.17 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
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| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.3% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Virgin Enterprise LLP, buy the company report.
Designated partners of Virgin Enterprise LLP
Virgin Enterprise has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saikiran Kancharla Also directs: Virgin Enterprise Private Limited | Designated Partner | 21 Mar 2017 | 9 Years 7 Months | As last reported |
| Sireesha Kancharla Also directs: Virgin Enterprise Private Limited | Designated Partner | 21 Mar 2017 | 9 Years 7 Months | As last reported |
Legal cases
No court or tribunal cases involving Virgin Enterprise LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virgin Enterprise LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virgin Enterprise LLP has a workforce of 14 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Virgin Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAOFV9183B1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virgin Enterprise LLP, buy the company report.
Recent activity
Virgin Enterprise LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Saikiran Kancharla was appointed as Designated Partner on 21 Mar 2017.
Frequently asked questions
Virgin Enterprise has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Virgin Enterprise was a limited liability partnership based in Hyderabad, Telangana, India. The LLP worked in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 21 March 2017 and is registered under LLPIN AAI-8925. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Virgin Enterprise is AAI-8925. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Virgin Enterprise had 2 designated partners:
- Saikiran Kancharla - Designated Partner
- Sireesha Kancharla - Designated Partner
Virgin Enterprise was incorporated on 21 March 2017. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Virgin Enterprise is at Plot No. 720 Defence Colony Sainikpuri Secunderabad, Hyderabad, Telangana, India – 500094.
The latest financial statements of Virgin Enterprise 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 2017 are in the company report.
The GSTIN of Virgin Enterprise is 36AAOFV9183B1ZQ, registered in Telangana.
Virgin Enterprise operated in the metals and minerals industry, in the construction materials retail and distribution segment.
Saikiran Kancharla was appointed as Designated Partner on 21 Mar 2017. Sireesha Kancharla was appointed as Designated Partner on 21 Mar 2017.
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