Structural Elements Holdings LLC
View this filing on EDGAR (filing index, accession 0002071410-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Structural Elements Holdings LLC | (Form C, issuer information) |
|---|---|---|
| State | MD | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2025-07-07 | (EDGAR filing index) |
| Date of incorporation | 2021-11-02 | (Form C, issuer information) |
| Employees | 1 | (Form C, issuer information) |
| Security offered | Other Units | (Form C, offering information) |
| Price per security | $143 | (Form C, offering information) |
| Target amount | $74,897 | (Form C, offering information) |
| Maximum ask | $4,999,991 | (Form C, offering information) |
| Offering deadline | 2025-10-05 | (Form C, offering information) |
| Platform compensation | Issuer will pay: (A) a fee based on the following 0% of funds raised up to $100,000 and 6% of funds raised between $100,000.01 and $5,000,000, or (B) a $15,000 flat fee. Additionally, Issuer paid a non-refundable $7,500 onboarding fee. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $423,380 | $267,258 | (Form C, financial summary) |
| Cost of goods sold | $11,559 | $7,952 | (Form C, financial summary) |
| Net income | -$446,230 | -$375,343 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $32,331 | $11,713 | (Form C, financial summary) |
| Accounts receivable | $18,482 | $21,611 | (Form C, financial summary) |
| Total assets | $1,660,116 | $530,587 | (Form C, financial summary) |
| Short-term debt | $1,051,709 | $662,044 | (Form C, financial summary) |
| Long-term debt | $1,753,820 | $767,726 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0002071410-25-000001.
"y is sufficient to continue operations for the foreseeable future, though will continue to work with its lender to increase the line of credit borrowing limit. 15 STRUCTURAL ELEMENTS HOLDINGS, LLC AND SUBSIDIARIES Notes to Financial Statements NOTE 10 CONTINGENCIES (CONTINUED) The Company’s ability to continue as a going concern will be contingent upon ongoing successful expansion of its network of franchises and micro franchises and the successes of those entities."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0002071410-25-000001.
"The office space is subleased to a related party and the payments are eliminated in consolidation."
"In exchange for rights granted under trademark licensing agreement, the Company paid a related party a one-time license fee of $100,000 in September 2015 resulting in the recognition of this intangible asset on the balance sheet."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://structuralelements.com
Want the weekly briefing? Subscribe free.