laconic tech ltd

Dissolved 

laconic tech ltd Company Information

Share LACONIC TECH LTD

Company Number

10441275

Shareholders

sebastian racamati piu

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

c/o johnston carmichael, 20 birchin lane, london, EC3V 9DU

Website

-

laconic tech ltd Estimated Valuation

£130.1k

Pomanda estimates the enterprise value of LACONIC TECH LTD at £130.1k based on a Turnover of £257.9k and 0.5x industry multiple (adjusted for size and gross margin).

laconic tech ltd Estimated Valuation

£399.9k

Pomanda estimates the enterprise value of LACONIC TECH LTD at £399.9k based on an EBITDA of £116.6k and a 3.43x industry multiple (adjusted for size and gross margin).

laconic tech ltd Estimated Valuation

£387k

Pomanda estimates the enterprise value of LACONIC TECH LTD at £387k based on Net Assets of £171.3k and 2.26x industry multiple (adjusted for liquidity).

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Laconic Tech Ltd Overview

Laconic Tech Ltd is a dissolved company that was located in london, EC3V 9DU with a Companies House number of 10441275. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2016, it's largest shareholder was sebastian racamati piu with a 100% stake. The last turnover for Laconic Tech Ltd was estimated at £257.9k.

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Laconic Tech Ltd Health Check

Pomanda's financial health check has awarded Laconic Tech Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £257.9k, make it larger than the average company (£196.9k)

£257.9k - Laconic Tech Ltd

£196.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.1%)

15% - Laconic Tech Ltd

5.1% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a higher cost of product (52.7%)

29.3% - Laconic Tech Ltd

52.7% - Industry AVG

profitability

Profitability

an operating margin of 45.2% make it more profitable than the average company (7.5%)

45.2% - Laconic Tech Ltd

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Laconic Tech Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)

£46.4k - Laconic Tech Ltd

£46.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £257.9k, this is more efficient (£108.3k)

£257.9k - Laconic Tech Ltd

£108.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 238 days, this is later than average (71 days)

238 days - Laconic Tech Ltd

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 67 days, this is slower than average (32 days)

67 days - Laconic Tech Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laconic Tech Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Laconic Tech Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.5%, this is a lower level of debt than the average (56.3%)

17.5% - Laconic Tech Ltd

56.3% - Industry AVG

LACONIC TECH LTD financials

EXPORTms excel logo

Laconic Tech Ltd's latest turnover from September 2020 is estimated at £257.9 thousand and the company has net assets of £171.3 thousand. According to their latest financial statements, Laconic Tech Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2020Oct 2019Oct 2018Oct 2017
Turnover257,868192,487140,899169,800
Other Income Or Grants
Cost Of Sales182,211136,08199,821120,037
Gross Profit75,65856,40641,07849,762
Admin Expenses-40,90917,49947,329-13,957
Operating Profit116,56738,907-6,25163,719
Interest Payable
Interest Receivable
Pre-Tax Profit116,56738,907-6,25163,719
Tax-22,148-7,392-12,107
Profit After Tax94,41931,515-6,25151,612
Dividends Paid
Retained Profit94,41931,515-6,25151,612
Employee Costs46,35850,45054,68550,398
Number Of Employees1111
EBITDA*116,56738,907-6,25163,719

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2020Oct 2019Oct 2018Oct 2017
Tangible Assets588965936
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets588965936
Stock & work in progress
Trade Debtors168,641110,79675,91381,794
Group Debtors
Misc Debtors38,879
Cash
misc current assets943
total current assets207,520111,73975,91381,794
total assets207,520112,32776,87882,730
Bank overdraft
Bank loan
Trade Creditors 33,62035,21631,51731,118
Group/Directors Accounts235
other short term finances
hp & lease commitments
other current liabilities
total current liabilities33,62035,45131,51731,118
loans
hp & lease commitments
Accruals and Deferred Income2,605
other liabilities
provisions
total long term liabilities2,605
total liabilities36,22535,45131,51731,118
net assets171,29576,87645,36151,612
total shareholders funds171,29576,87645,36151,612
Sep 2020Oct 2019Oct 2018Oct 2017
Operating Activities
Operating Profit116,56738,907-6,25163,719
Depreciation
Amortisation
Tax-22,148-7,392-12,107
Stock
Debtors96,72434,883-5,88181,794
Creditors-1,5963,69939931,118
Accruals and Deferred Income2,605
Deferred Taxes & Provisions
Cash flow from operations-1,29633129936
Investing Activities
capital expenditure588377-29-936
Change in Investments
cash flow from investments588377-29-936
Financing Activities
Bank loans
Group/Directors Accounts-235235
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing-235235
cash and cash equivalents
cash
overdraft
change in cash

laconic tech ltd 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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Laconic Tech Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for laconic tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EC3V area or any other competitors across 12 key performance metrics.

laconic tech ltd Ownership

LACONIC TECH LTD group structure

Laconic Tech Ltd has no subsidiary companies.

Ultimate parent company

LACONIC TECH LTD

10441275

LACONIC TECH LTD Shareholders

sebastian racamati piu 100%

laconic tech ltd directors

Laconic Tech Ltd currently has 1 director, Mr Sebastian Piu Racamati serving since Oct 2016.

officercountryagestartendrole
Mr Sebastian Piu RacamatiUnited Kingdom42 years Oct 2016- Director

P&L

September 2020

turnover

257.9k

+34%

operating profit

116.6k

0%

gross margin

29.4%

+0.12%

turnover

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

Balance Sheet

September 2020

net assets

171.3k

+1.23%

total assets

207.5k

+0.85%

cash

0

0%

net assets

Total assets minus all liabilities

laconic tech ltd company details

company number

10441275

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

October 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2020

previous names

N/A

accountant

-

auditor

-

address

c/o johnston carmichael, 20 birchin lane, london, EC3V 9DU

Bank

-

Legal Advisor

-

laconic tech ltd 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 laconic tech ltd.

laconic tech ltd 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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laconic tech ltd Companies House Filings - See Documents

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