Eda Cloud Uk Ltd

Eda Cloud Uk Ltd, based in Manchester, UK, is a small, active company founded eight years ago in 2016. With 17 employees and £499,330 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer of paper and paperboard products, with just two months of import activity recorded as of February 2025.

The company’s website positions itself as a European IC design solution partner for Siemens EDA, providing support for integrated full-flow design solutions. It offers a range of services, including custom IC design, analog mixed-signal verification, and physical verification, catering to businesses involved in IC design and testing. The website also highlights managed EDA and cloud services, along with premium support options for clients needing higher priority projects. It seems like they're really pushing their managed services—a good sign they're trying to generate recurring revenue.

Financially, Eda Cloud Uk Ltd shows a mixed picture. Cash reserves increased significantly by 130% to £350,000, which is a positive sign. However, trade debtors decreased by 44% to £150,000, suggesting potential issues with collecting payments. Creditors also increased, both within and after one year, by 61% and 56% respectively, which could indicate increased borrowing or extended payment terms. Equity increased by 43% to £160,000, but the company’s net assets liabilities still show a decline. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the fluctuating debtor and creditor balances warrant close monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Eda Cloud Uk Ltd appears to be a growing business, but its financial health is somewhat uncertain. The company's focus on Siemens EDA solutions and managed services suggests a strategic direction, but its ability to manage cash flow and collect payments will be crucial for its long-term success.

Registered in England/Wales under the registration number 10243879, with a registered address at M17 1AW, England, Manchester, Greater Manchester, 3 Bond Wharfside Way, Trafford Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.