
Company Number
10441275
Next Accounts
May 2025
Directors
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
-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).
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).
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 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.
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
6 Strong
1 Regular
3 Weak
Size
annual sales of £257.9k, make it larger than the average company (£196.9k)
- Laconic Tech Ltd
£196.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.1%)
- Laconic Tech Ltd
5.1% - Industry AVG
Production
with a gross margin of 29.3%, this company has a higher cost of product (52.7%)
- Laconic Tech Ltd
52.7% - Industry AVG
Profitability
an operating margin of 45.2% make it more profitable than the average company (7.5%)
- Laconic Tech Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Laconic Tech Ltd
4 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Laconic Tech Ltd
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £257.9k, this is more efficient (£108.3k)
- Laconic Tech Ltd
£108.3k - Industry AVG
Debtor Days
it gets paid by customers after 238 days, this is later than average (71 days)
- Laconic Tech Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (32 days)
- Laconic Tech Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Laconic Tech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Laconic Tech Ltd
- - Industry AVG
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'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 House, Pomanda Estimates
Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
---|---|---|---|---|
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 | 1 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
---|---|---|---|---|
Tangible Assets | 588 | 965 | 936 | |
Intangible Assets | ||||
Investments & Other | ||||
Debtors (Due After 1 year) | ||||
Total Fixed Assets | 588 | 965 | 936 | |
Stock & work in progress | ||||
Trade Debtors | 168,641 | 110,796 | 75,913 | 81,794 |
Group Debtors | ||||
Misc Debtors | 38,879 | |||
Cash | ||||
misc current assets | 943 | |||
total current assets | 207,520 | 111,739 | 75,913 | 81,794 |
total assets | 207,520 | 112,327 | 76,878 | 82,730 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | 33,620 | 35,216 | 31,517 | 31,118 |
Group/Directors Accounts | 235 | |||
other short term finances | ||||
hp & lease commitments | ||||
other current liabilities | ||||
total current liabilities | 33,620 | 35,451 | 31,517 | 31,118 |
loans | ||||
hp & lease commitments | ||||
Accruals and Deferred Income | 2,605 | |||
other liabilities | ||||
provisions | ||||
total long term liabilities | 2,605 | |||
total liabilities | 36,225 | 35,451 | 31,517 | 31,118 |
net assets | 171,295 | 76,876 | 45,361 | 51,612 |
total shareholders funds | 171,295 | 76,876 | 45,361 | 51,612 |
Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | ||||
Amortisation | ||||
Tax | ||||
Stock | ||||
Debtors | 96,724 | 34,883 | -5,881 | 81,794 |
Creditors | -1,596 | 3,699 | 399 | 31,118 |
Accruals and Deferred Income | 2,605 | |||
Deferred Taxes & Provisions | ||||
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | ||||
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | ||||
Group/Directors Accounts | -235 | 235 | ||
Other Short Term Loans | ||||
Long term loans | ||||
Hire Purchase and Lease Commitments | ||||
other long term liabilities | ||||
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | ||||
overdraft | ||||
change in cash |
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 group structure
Laconic Tech Ltd has no subsidiary companies.
Ultimate parent company
LACONIC TECH LTD
10441275
Laconic Tech Ltd currently has 1 director, Mr Sebastian Piu Racamati serving since Oct 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Sebastian Piu Racamati | United Kingdom | 42 years | Oct 2016 | - | Director |
P&L
September 2020turnover
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 2020net assets
171.3k
+1.23%
total assets
207.5k
+0.85%
cash
0
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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