elucid8 limited
elucid8 limited Company Information
Company Number
08927209
Website
www.elucid8.co.ukRegistered Address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Harnek Chera10 Years
Shareholders
harnek singh chera 50%
harminder kaur chera 50%
elucid8 limited Estimated Valuation
Pomanda estimates the enterprise value of ELUCID8 LIMITED at £84.2k based on a Turnover of £165.9k and 0.51x industry multiple (adjusted for size and gross margin).
elucid8 limited Estimated Valuation
Pomanda estimates the enterprise value of ELUCID8 LIMITED at £0 based on an EBITDA of £-20.6k and a 3.77x industry multiple (adjusted for size and gross margin).
elucid8 limited Estimated Valuation
Pomanda estimates the enterprise value of ELUCID8 LIMITED at £18.9k based on Net Assets of £37.6k and 0.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Elucid8 Limited Overview
Elucid8 Limited is a live company located in coventry, CV5 6UB with a Companies House number of 08927209. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2014, it's largest shareholder is harnek singh chera with a 50% stake. Elucid8 Limited is a established, micro sized company, Pomanda has estimated its turnover at £165.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Elucid8 Limited Health Check
Pomanda's financial health check has awarded Elucid8 Limited a 2 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £165.9k, make it smaller than the average company (£836.4k)
- Elucid8 Limited
£836.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.7%)
- Elucid8 Limited
4.7% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (47.5%)
- Elucid8 Limited
47.5% - Industry AVG
Profitability
an operating margin of -12.4% make it less profitable than the average company (7.9%)
- Elucid8 Limited
7.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Elucid8 Limited
8 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Elucid8 Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £83k, this is less efficient (£123.5k)
- Elucid8 Limited
£123.5k - Industry AVG
Debtor Days
it gets paid by customers after 158 days, this is later than average (67 days)
- Elucid8 Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 112 days, this is slower than average (31 days)
- Elucid8 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elucid8 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elucid8 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a lower level of debt than the average (57.3%)
50.4% - Elucid8 Limited
57.3% - Industry AVG
ELUCID8 LIMITED financials
Elucid8 Limited's latest turnover from March 2023 is estimated at £165.9 thousand and the company has net assets of £37.6 thousand. According to their latest financial statements, Elucid8 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,851 | 4,886 | 5,346 | 3,385 | 4,914 | 5,813 | 8,309 | 5,885 | 5,586 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,851 | 4,886 | 5,346 | 3,385 | 4,914 | 5,813 | 8,309 | 5,885 | 5,586 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 71,862 | 102,608 | 103,363 | 138,388 | 160,334 | 224,939 | 162,766 | 28,100 | 9,641 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,202 | 26,654 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 71,862 | 102,608 | 103,363 | 138,388 | 160,334 | 224,939 | 162,766 | 91,302 | 36,295 |
| total assets | 75,713 | 107,494 | 108,709 | 141,773 | 165,248 | 230,752 | 171,075 | 97,187 | 41,881 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 38,158 | 49,387 | 44,834 | 58,381 | 24,941 | 39,874 | 59,556 | 44,126 | 18,585 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 38,158 | 49,387 | 44,834 | 58,381 | 24,941 | 39,874 | 59,556 | 44,126 | 18,585 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,177 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,177 | 0 |
| total liabilities | 38,158 | 49,387 | 44,834 | 58,381 | 24,941 | 39,874 | 59,556 | 45,303 | 18,585 |
| net assets | 37,555 | 58,107 | 63,875 | 83,392 | 140,307 | 190,878 | 111,519 | 51,884 | 23,296 |
| total shareholders funds | 37,555 | 58,107 | 63,875 | 83,392 | 140,307 | 190,878 | 111,519 | 51,884 | 23,296 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,034 | 445 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -30,746 | -755 | -35,025 | -21,946 | -64,605 | 62,173 | 134,666 | 18,459 | 9,641 |
| Creditors | -11,229 | 4,553 | -13,547 | 33,440 | -14,933 | -19,682 | 15,430 | 25,541 | 18,585 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,177 | 1,177 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -63,202 | 36,548 | 26,654 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -63,202 | 36,548 | 26,654 |
elucid8 limited Credit Report and Business Information
Elucid8 Limited Competitor Analysis
Perform a competitor analysis for elucid8 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CV5 area or any other competitors across 12 key performance metrics.
elucid8 limited Ownership
ELUCID8 LIMITED group structure
Elucid8 Limited has no subsidiary companies.
Ultimate parent company
ELUCID8 LIMITED
08927209
elucid8 limited directors
Elucid8 Limited currently has 1 director, Mr Harnek Chera serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harnek Chera | United Kingdom | 48 years | Mar 2014 | - | Director |
P&L
March 2023turnover
165.9k
-20%
operating profit
-20.6k
0%
gross margin
25.4%
-2.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
37.6k
-0.35%
total assets
75.7k
-0.3%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
elucid8 limited company details
company number
08927209
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
accountant
-
auditor
-
elucid8 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 elucid8 limited.
elucid8 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
