e-lucid solutions ltd

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e-lucid solutions ltd Company Information

Share E-LUCID SOLUTIONS LTD

Company Number

14485439

Shareholders

ucl business ltd

jose francisco fernandez-aragon

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

90 tottenham court road, london, W1T 4TJ

Website

-

e-lucid solutions ltd Estimated Valuation

£112.7k

Pomanda estimates the enterprise value of E-LUCID SOLUTIONS LTD at £112.7k based on a Turnover of £184.6k and 0.61x industry multiple (adjusted for size and gross margin).

e-lucid solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of E-LUCID SOLUTIONS LTD at £0 based on an EBITDA of £-82.8k and a 3.64x industry multiple (adjusted for size and gross margin).

e-lucid solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of E-LUCID SOLUTIONS LTD at £0 based on Net Assets of £-118.6k and 2.36x industry multiple (adjusted for liquidity).

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E-lucid Solutions Ltd Overview

E-lucid Solutions Ltd is a live company located in london, W1T 4TJ with a Companies House number of 14485439. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2022, it's largest shareholder is ucl business ltd with a 49.9% stake. E-lucid Solutions Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £184.6k with unknown growth in recent years.

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E-lucid Solutions Ltd Health Check

Pomanda's financial health check has awarded E-Lucid Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £184.6k, make it smaller than the average company (£4.5m)

£184.6k - E-lucid Solutions Ltd

£4.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - E-lucid Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 41.2%, this company has a higher cost of product (72.3%)

41.2% - E-lucid Solutions Ltd

72.3% - Industry AVG

profitability

Profitability

an operating margin of -44.8% make it less profitable than the average company (4%)

-44.8% - E-lucid Solutions Ltd

4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (38)

1 - E-lucid Solutions Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £69.4k, the company has an equivalent pay structure (£69.4k)

£69.4k - E-lucid Solutions Ltd

£69.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.6k, this is more efficient (£126.3k)

£184.6k - E-lucid Solutions Ltd

£126.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 146 days, this is later than average (59 days)

146 days - E-lucid Solutions Ltd

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 657 days, this is slower than average (39 days)

657 days - E-lucid Solutions Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - E-lucid Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - E-lucid Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 254.3%, this is a higher level of debt than the average (59.8%)

254.3% - E-lucid Solutions Ltd

59.8% - Industry AVG

E-LUCID SOLUTIONS LTD financials

EXPORTms excel logo

E-Lucid Solutions Ltd's latest turnover from July 2024 is estimated at £184.6 thousand and the company has net assets of -£118.6 thousand. According to their latest financial statements, E-Lucid Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023
Turnover184,570307,813
Other Income Or Grants
Cost Of Sales108,477177,612
Gross Profit76,093130,201
Admin Expenses158,858166,007
Operating Profit-82,765-35,806
Interest Payable
Interest Receivable
Pre-Tax Profit-82,765-35,806
Tax
Profit After Tax-82,765-35,806
Dividends Paid
Retained Profit-82,765-35,806
Employee Costs69,42066,804
Number Of Employees11
EBITDA*-82,765-35,806

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023
Tangible Assets2,6081,674
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,6081,674
Stock & work in progress
Trade Debtors74,239152,709
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets74,239152,709
total assets76,847154,383
Bank overdraft
Bank loan
Trade Creditors 195,418190,189
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities195,418190,189
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities195,418190,189
net assets-118,571-35,806
total shareholders funds-118,571-35,806
Jul 2024Jul 2023
Operating Activities
Operating Profit-82,765-35,806
Depreciation
Amortisation
Tax
Stock
Debtors-78,470152,709
Creditors5,229190,189
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations9341,674
Investing Activities
capital expenditure-934-1,674
Change in Investments
cash flow from investments-934-1,674
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

e-lucid solutions 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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E-lucid Solutions Ltd Competitor Analysis

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Perform a competitor analysis for e-lucid solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.

e-lucid solutions ltd Ownership

E-LUCID SOLUTIONS LTD group structure

E-Lucid Solutions Ltd has no subsidiary companies.

Ultimate parent company

2 parents

E-LUCID SOLUTIONS LTD

14485439

E-LUCID SOLUTIONS LTD Shareholders

ucl business ltd 49.95%
jose francisco fernandez-aragon 17.36%
lech buszczynski 15.32%
ana lucia de-leon-romero 9.19%
edward maughfling 8.17%

e-lucid solutions ltd directors

E-Lucid Solutions Ltd currently has 3 directors. The longest serving directors include Dr Steven Schooling (Nov 2022) and Mr Jose Fernandez Aragon (Nov 2022).

officercountryagestartendrole
Dr Steven SchoolingEngland57 years Nov 2022- Director
Mr Jose Fernandez AragonEngland38 years Nov 2022- Director
Mrs Marina SantilliEngland56 years Nov 2022- Director

P&L

July 2024

turnover

184.6k

-40%

operating profit

-82.8k

0%

gross margin

41.3%

-2.53%

turnover

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

Balance Sheet

July 2024

net assets

-118.6k

+2.31%

total assets

76.8k

-0.5%

cash

0

0%

net assets

Total assets minus all liabilities

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e-lucid solutions ltd company details

company number

14485439

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

November 2022

age

3

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

90 tottenham court road, london, W1T 4TJ

Bank

-

Legal Advisor

-

e-lucid solutions 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 e-lucid solutions ltd.

e-lucid solutions 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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e-lucid solutions ltd Companies House Filings - See Documents

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