elixir it solutions limited

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elixir it solutions limited Company Information

Share ELIXIR IT SOLUTIONS LIMITED

Company Number

06758039

Shareholders

amrutraj gurunath patil

madhu patil

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

45a elmer gardens, isleworth, middlesex, TW7 6EZ

Website

-

elixir it solutions limited Estimated Valuation

£113.7k

Pomanda estimates the enterprise value of ELIXIR IT SOLUTIONS LIMITED at £113.7k based on a Turnover of £170.8k and 0.67x industry multiple (adjusted for size and gross margin).

elixir it solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ELIXIR IT SOLUTIONS LIMITED at £0 based on an EBITDA of £-2.1k and a 4.06x industry multiple (adjusted for size and gross margin).

elixir it solutions limited Estimated Valuation

£190.5k

Pomanda estimates the enterprise value of ELIXIR IT SOLUTIONS LIMITED at £190.5k based on Net Assets of £80.2k and 2.38x industry multiple (adjusted for liquidity).

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Elixir It Solutions Limited Overview

Elixir It Solutions Limited is a live company located in middlesex, TW7 6EZ with a Companies House number of 06758039. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2008, it's largest shareholder is amrutraj gurunath patil with a 50% stake. Elixir It Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £170.8k with declining growth in recent years.

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Elixir It Solutions Limited Health Check

Pomanda's financial health check has awarded Elixir It Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £170.8k, make it smaller than the average company (£3.5m)

£170.8k - Elixir It Solutions Limited

£3.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (8.9%)

-17% - Elixir It Solutions Limited

8.9% - Industry AVG

production

Production

with a gross margin of 42%, this company has a higher cost of product (72.2%)

42% - Elixir It Solutions Limited

72.2% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (3.6%)

-1.2% - Elixir It Solutions Limited

3.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (32)

1 - Elixir It Solutions Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.3k, the company has an equivalent pay structure (£67.3k)

£67.3k - Elixir It Solutions Limited

£67.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £170.8k, this is more efficient (£113.4k)

£170.8k - Elixir It Solutions Limited

£113.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 172 days, this is later than average (60 days)

172 days - Elixir It Solutions Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (44 days)

1 days - Elixir It Solutions Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Elixir It Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Elixir It Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (60.9%)

0.5% - Elixir It Solutions Limited

60.9% - Industry AVG

ELIXIR IT SOLUTIONS LIMITED financials

EXPORTms excel logo

Elixir It Solutions Limited's latest turnover from November 2023 is estimated at £170.8 thousand and the company has net assets of £80.2 thousand. According to their latest financial statements, Elixir It Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover170,763163,575429,477296,860141,747301,027261,5641,05442,22839,40042,74039,28526,69437,180
Other Income Or Grants
Cost Of Sales99,04393,972243,612170,81384,398178,538148,95760323,54222,33924,38420,68113,92920,255
Gross Profit71,72069,603185,865126,04757,349122,489112,60645118,68617,06118,35618,60412,76616,925
Admin Expenses73,788174,568115,45450,295122,04561,959106,91284,576-53,85215,07035,833-51,999-37,611-12,898-9,016
Operating Profit-2,068-104,96570,41175,752-64,69660,5305,694-84,12572,5381,991-17,47770,60350,37729,8239,016
Interest Payable
Interest Receivable22433975158763153829512831
Pre-Tax Profit-2,068-104,96570,41175,752-64,69660,5305,917-83,78673,2892,577-16,84671,14150,67229,9519,047
Tax-13,378-14,393-11,501-1,124-14,658-541-17,074-13,175-8,386-2,533
Profit After Tax-2,068-104,96557,03361,359-64,69649,0294,793-83,78658,6312,036-16,84654,06737,49721,5656,514
Dividends Paid
Retained Profit-2,068-104,96557,03361,359-64,69649,0294,793-83,78658,6312,036-16,84654,06737,49721,5656,514
Employee Costs67,33563,00058,65056,19758,50058,521114,18154,64053,33453,55951,42552,18650,17649,045
Number Of Employees11111121111111
EBITDA*-2,068-104,96570,41175,752-64,69660,5305,694-84,08872,5882,058-17,38870,72150,53530,0339,016

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets85113150200267356474632
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets85113150200267356474632
Stock & work in progress
Trade Debtors80,57182,639234,715170,47969,324161,59694,225311,66310,92711,31210,1066,8959,8955,410
Group Debtors
Misc Debtors3,507
Cash89,462181,986118,398116,226136,21979,01838,96312,394
misc current assets12,906
total current assets80,57182,639234,715170,47972,831161,596107,13189,465193,649129,325127,538146,32585,91348,85817,804
total assets80,57182,639234,715170,47972,831161,596107,21689,578193,799129,525127,805146,68186,38749,49017,804
Bank overdraft
Bank loan
Trade Creditors 40840847,51940,3164,02728,09622,7459,80030,23524,59224,90826,93820,71121,31111,190
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities40840847,51940,3164,02728,09622,7459,80030,23524,59224,90826,93820,71121,31111,190
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities40840847,51940,3164,02728,09622,7459,80030,23524,59224,90826,93820,71121,31111,190
net assets80,16382,231187,196130,16368,804133,50084,47179,778163,564104,933102,897119,74365,67628,1796,614
total shareholders funds80,16382,231187,196130,16368,804133,50084,47179,778163,564104,933102,897119,74365,67628,1796,614
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-2,068-104,96570,41175,752-64,69660,5305,694-84,12572,5381,991-17,47770,60350,37729,8239,016
Depreciation37506789118158210
Amortisation
Tax-13,378-14,393-11,501-1,124-14,658-541-17,074-13,175-8,386-2,533
Stock
Debtors-2,068-152,07664,23697,648-88,76567,37194,222-11,660736-3851,2063,211-3,0004,4855,410
Creditors-47,1117,20336,289-24,0695,35112,945-20,4355,643-316-2,0306,227-60010,12111,190
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-12,991-76,707-92,86362,8371,586-20,62456,66339,76027,28312,263
Investing Activities
capital expenditure8528-842
Change in Investments
cash flow from investments8528-842
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest22433975158763153829512831
cash flow from financing124339751587631538295128131
cash and cash equivalents
cash-89,462-92,52463,5882,172-19,99357,20140,05526,56912,394
overdraft
change in cash-89,462-92,52463,5882,172-19,99357,20140,05526,56912,394

elixir it solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Elixir It Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for elixir it solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TW7 area or any other competitors across 12 key performance metrics.

elixir it solutions limited Ownership

ELIXIR IT SOLUTIONS LIMITED group structure

Elixir It Solutions Limited has no subsidiary companies.

Ultimate parent company

ELIXIR IT SOLUTIONS LIMITED

06758039

ELIXIR IT SOLUTIONS LIMITED Shareholders

amrutraj gurunath patil 50%
madhu patil 50%

elixir it solutions limited directors

Elixir It Solutions Limited currently has 1 director, Amrutraj Patil serving since Nov 2008.

officercountryagestartendrole
Amrutraj PatilEngland47 years Nov 2008- Director

P&L

November 2023

turnover

170.8k

+4%

operating profit

-2.1k

0%

gross margin

42%

-1.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

80.2k

-0.03%

total assets

80.6k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

elixir it solutions limited company details

company number

06758039

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

November 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

45a elmer gardens, isleworth, middlesex, TW7 6EZ

Bank

-

Legal Advisor

-

elixir it solutions limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to elixir it solutions limited.

elixir it solutions limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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elixir it solutions limited Companies House Filings - See Documents

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