eikon ltd
eikon ltd Company Information
Company Number
13905934
Website
-Registered Address
38 port royal avenue, lune industrial estate, lancaster, LA1 5QP
Industry
Specialised design activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
spandex limited 100%
eikon ltd Estimated Valuation
Pomanda estimates the enterprise value of EIKON LTD at £12.5m based on a Turnover of £20.9m and 0.6x industry multiple (adjusted for size and gross margin).
eikon ltd Estimated Valuation
Pomanda estimates the enterprise value of EIKON LTD at £252.5k based on an EBITDA of £56k and a 4.51x industry multiple (adjusted for size and gross margin).
eikon ltd Estimated Valuation
Pomanda estimates the enterprise value of EIKON LTD at £0 based on Net Assets of £-184k and 2.45x industry multiple (adjusted for liquidity).
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Eikon Ltd Overview
Eikon Ltd is a live company located in lancaster, LA1 5QP with a Companies House number of 13905934. It operates in the specialised design activities sector, SIC Code 74100. Founded in February 2022, it's largest shareholder is spandex limited with a 100% stake. Eikon Ltd is a startup, large sized company, Pomanda has estimated its turnover at £20.9m with unknown growth in recent years.
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Eikon Ltd Health Check
Pomanda's financial health check has awarded Eikon Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £20.9m, make it larger than the average company (£154.7k)
£20.9m - Eikon Ltd
£154.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Eikon Ltd
- - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (50%)
29.5% - Eikon Ltd
50% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (9.1%)
-0.3% - Eikon Ltd
9.1% - Industry AVG
Employees
with 49 employees, this is above the industry average (2)
49 - Eikon Ltd
2 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has a higher pay structure (£29.9k)
£42.2k - Eikon Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £427.4k, this is more efficient (£100k)
£427.4k - Eikon Ltd
£100k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (70 days)
3 days - Eikon Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (42 days)
32 days - Eikon Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is more than average (57 days)
70 days - Eikon Ltd
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (31 weeks)
9 weeks - Eikon Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.9%, this is a higher level of debt than the average (54.4%)
102.9% - Eikon Ltd
54.4% - Industry AVG
EIKON LTD financials
Eikon Ltd's latest turnover from April 2023 is £20.9 million and the company has net assets of -£184 thousand. According to their latest financial statements, Eikon Ltd has 49 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | |
|---|---|
| Turnover | 20,944,000 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 14,760,000 |
| Gross Profit | 6,184,000 |
| Admin Expenses | 6,242,000 |
| Operating Profit | -58,000 |
| Interest Payable | 174,000 |
| Interest Receivable | 0 |
| Pre-Tax Profit | -232,000 |
| Tax | 48,000 |
| Profit After Tax | -184,000 |
| Dividends Paid | 0 |
| Retained Profit | -184,000 |
| Employee Costs | 2,069,000 |
| Number Of Employees | 49 |
| EBITDA* | 56,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | |
|---|---|
| Tangible Assets | 296,000 |
| Intangible Assets | 7,000 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 4,000 |
| Total Fixed Assets | 307,000 |
| Stock & work in progress | 2,865,000 |
| Trade Debtors | 195,000 |
| Group Debtors | 1,406,000 |
| Misc Debtors | 418,000 |
| Cash | 1,135,000 |
| misc current assets | 0 |
| total current assets | 6,019,000 |
| total assets | 6,326,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 1,301,000 |
| Group/Directors Accounts | 4,641,000 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 423,000 |
| total current liabilities | 6,365,000 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 145,000 |
| provisions | 0 |
| total long term liabilities | 145,000 |
| total liabilities | 6,510,000 |
| net assets | -184,000 |
| total shareholders funds | -184,000 |
| Apr 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -58,000 |
| Depreciation | 112,000 |
| Amortisation | 2,000 |
| Tax | 48,000 |
| Stock | 2,865,000 |
| Debtors | 2,023,000 |
| Creditors | 1,301,000 |
| Accruals and Deferred Income | 423,000 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | -3,060,000 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 4,641,000 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 145,000 |
| share issue | |
| interest | -174,000 |
| cash flow from financing | 4,612,000 |
| cash and cash equivalents | |
| cash | 1,135,000 |
| overdraft | 0 |
| change in cash | 1,135,000 |
eikon ltd Credit Report and Business Information
Eikon Ltd Competitor Analysis
Perform a competitor analysis for eikon ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in LA1 area or any other competitors across 12 key performance metrics.
eikon ltd Ownership
EIKON LTD group structure
Eikon Ltd has no subsidiary companies.
Ultimate parent company
VISCOMINVEST ACQUICO AG
#0095298
2 parents
EIKON LTD
13905934
eikon ltd directors
Eikon Ltd currently has 2 directors. The longest serving directors include Mr Stefano Nigrone (Feb 2022) and Mr Leon Watson (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stefano Nigrone | United Kingdom | 48 years | Feb 2022 | - | Director |
| Mr Leon Watson | 57 years | Feb 2023 | - | Director |
P&L
April 2023turnover
20.9m
0%
operating profit
-58k
0%
gross margin
29.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-184k
0%
total assets
6.3m
0%
cash
1.1m
0%
net assets
Total assets minus all liabilities
Similar Companies
eikon ltd company details
company number
13905934
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
February 2022
age
2
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
38 port royal avenue, lune industrial estate, lancaster, LA1 5QP
Bank
-
Legal Advisor
-
eikon 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 found 1 charges/mortgages relating to eikon ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
eikon ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
