Clearwater Technology Ltd

POWER SEARCH PRICING

SOLUTIONS

clearwater technology ltd Company Information

Live

MatureMidDeclining

Company Number

03659610

Website

http://clearwater.eu.com

Registered Address

20 grosvenor place, london, SW1X 7HN

Industry

Other business support service activities n.e.c.

Telephone

08000937936

Next Accounts Due

December 2024

Group Structure

View All

Directors

Alexander Dacre4 Years

Adam Councell2 Years

View All

Shareholders

clearwater group plc 100%

clearwater technology ltd Estimated Valuation

£19.1m

Pomanda estimates the enterprise value of CLEARWATER TECHNOLOGY LTD at £19.1m based on a Turnover of £18.8m and 1.01x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Clearwater Technology Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Clearwater Technology Ltd is a live company located in london, SW1X 7HN with a Companies House number of 03659610. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1998, it's largest shareholder is clearwater group plc with a 100% stake. Clearwater Technology Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £18.8m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Clearwater Technology Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £18.8m, make it larger than the average company (£3m)

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for clearwater technology ltd. Get real-time insights into clearwater technology ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for clearwater technology ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CLEARWATER TECHNOLOGY LTD group structure

Clearwater Technology Ltd has 1 subsidiary company.

Ultimate parent company

MARLOWE PLC

09952391

CLEARWATER GROUP LIMITED

02494701

2 parents

CLEARWATER TECHNOLOGY LTD

03659610

1 subsidiary

ULTRAPUR LTD

09141168

CLEARWATER TECHNOLOGY LTD Shareholders

clearwater group plc

100%

Clearwater Technology Ltd currently has 5 directors. The longest serving directors include Mr Alexander Dacre (May 2019) and Mr Adam Councell (Oct 2021).

officer	country	age	start	end	role
Mr Alexander Dacre	England	36 years	May 2019	-	Director
Mr Adam Councell	England	45 years	Oct 2021	-	Director
Mr Andrew Walls	England	50 years	Nov 2023	-	Director
Mr Jon Greaves	England	38 years	Mar 2024	-	Director
Mr Graham Hubbold	England	57 years	Mar 2024	-	Director

EXPORT

Clearwater Technology Ltd's latest turnover from March 2023 is £18.8 million and the company has net assets of -£15 million. According to their latest financial statements, Clearwater Technology Ltd has 153 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	18,789,887	20,878,349	20,352,711	26,527,211	25,991,196	28,599,423	30,524,148	30,285,298	29,505,525	28,781,843	25,691,517	23,072,480	21,326,249	18,719,085
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	7,940,457	10,716,975	11,684,687	17,404,482	15,996,264	16,695,611	15,177,532	11,046,852	15,591,125	18,689,960	15,464,663	14,211,988	13,172,133	11,640,896
Gross Profit	10,849,430	10,161,374	8,668,024	9,122,729	9,994,932	11,903,812	15,346,616	19,238,446	13,914,400	10,091,883	10,226,854	8,860,492	8,154,116	7,078,189
Admin Expenses	11,410,282	10,802,243	10,145,562	15,738,996	13,417,525	10,206,145	15,586,492	18,450,682	12,272,574	9,491,204	7,997,494	7,151,809	6,507,538	5,604,384
Operating Profit	-560,852	-640,869	-1,477,538	-6,616,267	-3,422,593	1,697,667	-239,876	787,764	1,641,826	600,679	2,229,360	1,708,683	1,646,578	1,473,805
Interest Payable	0	0	14,391	29,974	361,267	259,208	294,746	252,056	132,513	159,992	144,749	109,631	80,138	68,939
Interest Receivable	75	0	2,563	0	5,826	0	1,934	0	0	0	0	0	618	21
Pre-Tax Profit	-560,777	-640,869	-1,489,366	-6,646,241	-3,778,034	-1,956,875	-532,688	535,708	1,509,313	-523,806	2,084,611	1,599,052	1,567,058	1,404,887
Tax	56,631	218,734	318,576	613,800	-496,718	327,028	-7,488	495,024	-352,063	147,318	-514,067	-382,476	-409,536	-360,320
Profit After Tax	-504,146	-422,135	-1,170,790	-6,032,441	-4,274,752	-1,629,847	-540,176	1,030,732	1,157,250	-376,488	1,570,544	1,216,576	1,157,522	1,044,567
Dividends Paid	0	0	0	0	0	0	0	700,000	0	1,220,000	900,000	900,000	800,000	0
Retained Profit	-504,146	-422,135	-1,170,790	-6,032,441	-4,274,752	-1,629,847	-540,176	330,732	1,157,250	-1,596,488	670,544	316,576	357,522	1,044,567
Employee Costs	5,959,099	8,143,649	10,457,984	15,527,259	14,626,583	16,624,934	16,447,426	15,783,580	15,144,446	14,894,268	13,151,241	12,226,188	11,103,213	9,557,357
Number Of Employees	153	223	310	338	391	460	486	471	449	437	392	377	357	305
EBITDA*	-516,012	-590,674	-1,419,058	-6,446,315	-2,960,089	2,133,560	135,634	1,167,487	2,043,036	730,414	2,347,968	1,817,640	1,788,251	1,605,293

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	13,578	42,599	67,258	53,851	460,977	705,127	805,443	735,183	660,762	417,446	371,815	296,090	132,969	154,142
Intangible Assets	31,629	47,448	49,864	62,617	307,581	299,614	283,112	249,719	223,642	17,279	61,358	75,247	89,136	103,025
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	45,207	90,047	117,122	116,468	768,558	1,004,741	1,088,555	984,902	884,404	434,725	433,173	371,337	222,105	257,167
Stock & work in progress	175,068	189,046	250,994	380,418	641,342	1,844,896	1,677,504	1,429,563	1,665,903	2,021,605	1,848,293	1,322,277	879,703	613,064
Trade Debtors	3,828,638	3,245,998	2,657,698	2,734,222	4,381,553	5,158,816	5,683,451	5,975,974	4,701,311	7,365,122	8,135,460	6,851,281	6,200,834	4,077,614
Group Debtors	211,484	137,997	289,658	0	157,358	65,869	38,191	21,502	665,761	80,889	0	0	36,766	0
Misc Debtors	2,028,261	2,441,749	1,426,355	1,480,621	1,070,228	1,687,397	1,198,052	1,960,412	735,084	868,359	512,066	344,041	301,230	246,008
Cash	1,619,810	336,999	1,258,239	769,238	368,672	422,920	1,022,038	2,142,436	0	0	0	0	15,811	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	7,863,261	6,351,789	5,882,944	5,364,499	6,619,153	9,179,898	9,619,236	11,529,887	7,768,059	10,335,975	10,495,819	8,517,599	7,434,344	4,936,686
total assets	7,908,468	6,441,836	6,000,066	5,480,967	7,387,711	10,184,639	10,707,791	12,514,789	8,652,463	10,770,700	10,928,992	8,888,936	7,656,449	5,193,853
Bank overdraft	0	0	0	0	822,366	1,168,359	1,206,488	1,372,822	4,531,868	5,126,915	4,491,550	4,228,611	3,533,182	591,326
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,027,623	3,175,576	1,529,744	1,501,835	2,276,686	2,411,055	2,291,925	1,781,406	1,012,085	1,473,647	1,384,555	877,217	790,314	1,611,585
Group/Directors Accounts	18,727,309	14,480,099	14,793,238	12,743,751	1,597,902	928,849	291,530	1,603,155	905,692	662,635	399,809	389,442	167,212	98,154
other short term finances	0	0	0	0	0	0	0	0	200,000	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	14,939	47,400
other current liabilities	3,200,729	3,329,208	3,797,996	4,185,503	4,926,533	2,501,479	2,315,415	2,075,715	2,734,551	2,452,680	2,008,104	1,410,564	1,526,684	1,560,570
total current liabilities	22,955,661	20,984,883	20,120,978	18,431,089	9,623,487	7,009,742	6,105,358	6,833,098	9,384,196	9,715,877	8,284,018	6,905,834	6,032,331	3,909,035
loans	0	0	0	0	4,681,905	5,817,826	5,615,515	6,154,597	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	18,222
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	71,905	40,073	33,736	42,408	0	0
total long term liabilities	0	0	0	0	4,681,905	5,817,826	5,615,515	6,154,597	71,905	40,073	33,736	42,408	0	18,222
total liabilities	22,955,661	20,984,883	20,120,978	18,431,089	14,305,392	12,827,568	11,720,873	12,987,695	9,456,101	9,755,950	8,317,754	6,948,242	6,032,331	3,927,257
net assets	-15,047,193	-14,543,047	-14,120,912	-12,950,122	-6,917,681	-2,642,929	-1,013,082	-472,906	-803,638	1,014,750	2,611,238	1,940,694	1,624,118	1,266,596
total shareholders funds	-15,047,193	-14,543,047	-14,120,912	-12,950,122	-6,917,681	-2,642,929	-1,013,082	-472,906	-803,638	1,014,750	2,611,238	1,940,694	1,624,118	1,266,596

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-560,852	-640,869	-1,477,538	-6,616,267	-3,422,593	1,697,667	-239,876	787,764	1,641,826	600,679	2,229,360	1,708,683	1,646,578	1,473,805
Depreciation	29,021	33,904	34,195	107,810	347,075	340,788	286,779	305,955	392,570	115,842	104,719	95,068	127,784	117,599
Amortisation	15,819	16,291	24,285	62,142	115,429	95,105	88,731	73,768	8,640	13,893	13,889	13,889	13,889	13,889
Tax	56,631	218,734	318,576	613,800	-496,718	327,028	-7,488	495,024	-352,063	147,318	-514,067	-382,476	-409,536	-360,320
Stock	-13,978	-61,948	-129,424	380,418	-1,203,554	167,392	247,941	-236,340	-355,702	173,312	526,016	442,574	266,639	613,064
Debtors	242,639	1,452,033	158,868	4,214,843	-1,302,943	-7,612	-1,038,194	1,855,732	-2,212,214	-333,156	1,452,204	656,492	2,215,208	4,323,622
Creditors	-2,147,953	1,645,832	27,909	1,501,835	-134,369	119,130	510,519	769,321	-461,562	89,092	507,338	86,903	-821,271	1,611,585
Accruals and Deferred Income	-128,479	-468,788	-387,507	4,185,503	2,425,054	186,064	239,700	-658,836	281,871	444,576	597,540	-116,120	-33,886	1,560,570
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-71,905	31,832	6,337	-8,672	42,408	0	0
Cash flow from operations	-2,964,474	-584,981	-1,489,524	-4,740,438	1,340,375	2,606,002	1,668,618	81,699	4,111,030	1,577,581	951,887	349,289	-1,958,289	-519,558
Investing Activities
capital expenditure	0	-23,120	-59,134	-286,420	-226,321	-352,079	-479,163	-480,221	-850,889	-131,287	-180,444	-258,189	-106,611	-388,655
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-23,120	-59,134	-286,420	-226,321	-352,079	-479,163	-480,221	-850,889	-131,287	-180,444	-258,189	-106,611	-388,655
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	4,247,210	-313,139	2,049,487	12,743,751	669,053	637,319	-1,311,625	697,463	243,057	262,826	10,367	222,230	69,058	98,154
Other Short Term Loans	0	0	0	0	0	0	0	-200,000	200,000	0	0	0	0	0
Long term loans	0	0	0	0	-1,135,921	202,311	-539,082	6,154,597	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	-14,939	-50,683	65,622
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	-6,917,681	0	0	0	0	-2,975,638	0	0	0	0	222,029
interest	75	0	-11,828	-29,974	-355,441	-259,208	-292,812	-252,056	-132,513	-159,992	-144,749	-109,631	-79,520	-68,918
cash flow from financing	4,247,285	-313,139	2,037,659	5,796,096	-822,309	580,422	-2,143,519	6,400,004	-2,665,094	102,834	-134,382	97,660	-61,145	316,887
cash and cash equivalents
cash	1,282,811	-921,240	489,001	769,238	-54,248	-599,118	-1,120,398	2,142,436	0	0	0	-15,811	15,811	0
overdraft	0	0	0	0	-345,993	-38,129	-166,334	-3,159,046	-595,047	635,365	262,939	695,429	2,941,856	591,326
change in cash	1,282,811	-921,240	489,001	769,238	291,745	-560,989	-954,064	5,301,482	595,047	-635,365	-262,939	-711,240	-2,926,045	-591,326

P&L

March 2023

turnover

18.8m

-10%

operating profit

-560.9k

-12%

gross margin

57.8%

+18.64%

turnover

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

Balance Sheet

March 2023

net assets

-15m

+0.03%

total assets

7.9m

+0.23%

cash

1.6m

+3.81%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

transmetal investment limited

infrared infrastructure yield holdings limited

fam services limited

stamford road development limited

3.5

dunhill tobacco of london limited

company number

03659610

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 1998

age

accounts

Audit Exemption Subsidiary

ultimate parent company

MARLOWE PLC

previous names

clearwater technology group ltd (May 1999)

the able group (uk) ltd (January 1999)

incorporated

address

20 grosvenor place, london, SW1X 7HN

last accounts submitted

March 2023

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 9 charges/mortgages relating to clearwater technology ltd. Currently there are 0 open charges and 9 have been satisfied in the past.

clearwater technology ltd Company Information

clearwater technology ltd Estimated Valuation

clearwater technology ltd Estimated Valuation

clearwater technology ltd Estimated Valuation

Clearwater Technology Ltd AI Business Plan

Clearwater Technology Ltd Overview

Clearwater Technology Ltd Health Check

clearwater technology ltd Credit Report and Business Information

Clearwater Technology Ltd Competitor Analysis

clearwater technology ltd Ownership

clearwater technology ltd directors

CLEARWATER TECHNOLOGY LTD financials

clearwater technology ltd company details

clearwater technology ltd Charges & Mortgages

clearwater technology ltd Companies House Filings - See Documents