Eluso Ltd

Eluso Ltd is a small, active company based in Salisbury, UK, founded nine years ago in 2015. With a real address and a single director and owner – a solo founder – the company holds £298,119 in assets and employs just one person. Accounts are overdue by a year, and confirmation is outstanding for seven months. The company operates in the retail sale via mail order houses or via internet industries.

Eluso’s website paints a picture of a diverse group of companies dedicated to quality and service. It’s not just an e-commerce site; it’s a platform showcasing a range of business ventures, including Salesforce consulting and staffing, healthcare services, angel investing, a farm direct market, and even resorts and farm stays. The website emphasizes collaboration, creation, and care, with a mission to deliver reliable solutions and empower customers. The company’s core business involves providing a wide spectrum of services, and it highlights a team of professionals ready to provide tailored solutions for any business needs. The team includes Raaghavan Manavalan (Founder & CEO), Arthi Srinivasan (Cofounder & CFO), and Dhivya Mahadevan (Cofounder & COO).

Financially, Eluso Ltd’s situation is a bit concerning. Cash bank on hand has plummeted by a significant 62%, dropping to £73,000. Bank borrowings have decreased by 25% to £38,000, which is positive, but the substantial drop in cash reserves suggests the company is burning through money. Current assets have also decreased by 18% to £300,000. On a brighter note, creditors have decreased by 25%, indicating improved debt management. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the decline in equity and cash reserves warrants closer attention. No auditor is mentioned, likely due to its small size, meaning the figures are unaudited. The decrease in intangible assets and property plant equipment also suggests a shift in investment strategy.

Registered in England/Wales under the registration number 09736590, with a registered address at SP1 3TR, England, Salisbury, Wiltshire, Scots House, 15 Scots Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.