cloudiq limited
cloudiq limited Company Information
Company Number
07774309
Website
http://cloud-iq.comRegistered Address
11th floor, landmark st peter's square, 1 oxford st, manchester, M1 4PB
Industry
Media representation
Other information technology and computer service activities
Telephone
02039489861
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
dbw investments (14) limited 23.8%
paypal inc. 21.7%
View Allcloudiq limited Estimated Valuation
Pomanda estimates the enterprise value of CLOUDIQ LIMITED at £925.8k based on a Turnover of £1.6m and 0.58x industry multiple (adjusted for size and gross margin).
cloudiq limited Estimated Valuation
Pomanda estimates the enterprise value of CLOUDIQ LIMITED at £0 based on an EBITDA of £-1.2m and a 4.12x industry multiple (adjusted for size and gross margin).
cloudiq limited Estimated Valuation
Pomanda estimates the enterprise value of CLOUDIQ LIMITED at £0 based on Net Assets of £-3m and 2.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cloudiq Limited Overview
Cloudiq Limited is a live company located in 1 oxford st, M1 4PB with a Companies House number of 07774309. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2011, it's largest shareholder is dbw investments (14) limited with a 23.8% stake. Cloudiq Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Cloudiq Limited Health Check
Pomanda's financial health check has awarded Cloudiq Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5.7m)
£1.6m - Cloudiq Limited
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.9%)
-16% - Cloudiq Limited
5.9% - Industry AVG
Production
with a gross margin of 54.6%, this company has a comparable cost of product (49.9%)
54.6% - Cloudiq Limited
49.9% - Industry AVG
Profitability
an operating margin of -73% make it less profitable than the average company (4.8%)
-73% - Cloudiq Limited
4.8% - Industry AVG
Employees
with 35 employees, this is similar to the industry average (30)
35 - Cloudiq Limited
30 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has a lower pay structure (£68.9k)
£50.1k - Cloudiq Limited
£68.9k - Industry AVG
Efficiency
resulting in sales per employee of £46k, this is less efficient (£162k)
£46k - Cloudiq Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (56 days)
44 days - Cloudiq Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (41 days)
67 days - Cloudiq Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cloudiq Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 271 weeks, this is more cash available to meet short term requirements (15 weeks)
271 weeks - Cloudiq Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 250.1%, this is a higher level of debt than the average (66%)
250.1% - Cloudiq Limited
66% - Industry AVG
CLOUDIQ LIMITED financials
Cloudiq Limited's latest turnover from December 2022 is £1.6 million and the company has net assets of -£3 million. According to their latest financial statements, Cloudiq Limited has 35 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,609,515 | 1,862,351 | 2,200,323 | 2,723,960 | 2,705,475 | 2,079,979 | 1,491,500 | 306,760 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 730,322 | 707,432 | 827,710 | 851,313 | 705,255 | 385,873 | 555,246 | 72,204 | |||
| Gross Profit | 879,193 | 1,154,919 | 1,372,613 | 1,872,647 | 2,000,220 | 1,694,106 | 936,254 | 234,556 | |||
| Admin Expenses | 2,053,874 | 2,581,506 | 3,679,921 | 9,177,862 | 9,544,236 | 6,052,926 | 3,228,765 | 877,479 | |||
| Operating Profit | -1,174,681 | -1,426,587 | -2,307,308 | -7,305,215 | -7,544,016 | -4,358,820 | -2,292,511 | -642,923 | |||
| Interest Payable | 329,022 | 312,832 | 218,040 | 660,677 | 294,556 | 4,993 | 1,923 | 60,748 | |||
| Interest Receivable | 1 | 2 | 72 | 1,392 | 9,332 | 3,711 | 89 | 234 | |||
| Pre-Tax Profit | -1,503,702 | -1,739,417 | -2,525,276 | -7,964,500 | -7,829,240 | -4,360,102 | -2,294,345 | -702,689 | |||
| Tax | 192,351 | 214,465 | 236,618 | 1,045,171 | 1,143,093 | 774,654 | 148,593 | 0 | |||
| Profit After Tax | -1,311,351 | -1,524,952 | -2,288,658 | -6,919,329 | -6,686,147 | -3,585,448 | -2,145,752 | -702,689 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -1,311,351 | -1,524,952 | -2,288,658 | -6,919,329 | -6,686,147 | -3,585,448 | -2,145,752 | -702,689 | |||
| Employee Costs | 1,753,388 | 1,806,847 | 2,615,611 | 6,394,473 | 6,569,720 | 3,871,917 | 2,225,915 | 503,441 | |||
| Number Of Employees | 35 | 31 | 46 | 115 | 113 | 68 | 45 | ||||
| EBITDA* | -1,163,922 | -1,338,413 | -2,203,165 | -7,190,043 | -7,449,311 | -4,280,883 | -2,223,623 | -611,106 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,360 | 21,914 | 28,444 | 80,799 | 121,729 | 79,550 | 11,900 | 5,820 | 7,651 | 6,005 | 3,240 |
| Intangible Assets | 2 | 3 | 61,661 | 123,319 | 184,977 | 246,636 | 308,294 | 2 | 2 | 2 | 31,250 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,849 | 24,849 | 24,849 | 24,849 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149,289 | 153,387 | 119,898 |
| Total Fixed Assets | 14,362 | 21,917 | 90,105 | 204,118 | 306,706 | 326,186 | 320,194 | 30,671 | 181,791 | 184,243 | 179,237 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 197,490 | 251,378 | 314,475 | 273,201 | 392,360 | 343,766 | 365,738 | 27,143 | 141,878 | 77,016 | 106,693 |
| Group Debtors | 362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 220,599 | 260,274 | 301,048 | 1,275,551 | 1,406,621 | 689,732 | 24,938 | 37,709 | 1,179 | 1,046 | 1,005 |
| Cash | 1,566,499 | 2,627,810 | 3,394,542 | 2,286,557 | 1,944,140 | 4,435,341 | 158,998 | 108,399 | 525,173 | 375,945 | 155,138 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,984,950 | 3,139,462 | 4,010,065 | 3,835,309 | 3,743,121 | 5,468,839 | 549,674 | 173,251 | 668,230 | 454,007 | 262,836 |
| total assets | 1,999,312 | 3,161,379 | 4,100,170 | 4,039,427 | 4,049,827 | 5,795,025 | 869,868 | 203,922 | 850,021 | 638,250 | 442,073 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,626 | 9,626 | 5,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 135,499 | 180,485 | 162,516 | 155,677 | 160,458 | 151,908 | 202,659 | 102,619 | 190,906 | 94,247 | 37,096 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 12,545,245 | 886,338 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 154,609 | 196,773 | 476,885 | 671,533 | 962,618 | 793,343 | 901,950 | 170,623 | 0 | 0 | 47,566 |
| total current liabilities | 299,734 | 386,884 | 645,234 | 13,372,455 | 2,009,414 | 945,251 | 1,104,609 | 273,242 | 190,906 | 94,247 | 84,662 |
| loans | 4,700,024 | 4,381,650 | 870,395 | 91,891 | 4,613,730 | 751,879 | 150,000 | 3,150,000 | 0 | 0 | 900,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,923 | 220,000 | 0 | 0 | 60,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,720,000 | 2,082,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,700,024 | 4,381,650 | 870,395 | 91,891 | 4,613,730 | 751,879 | 151,923 | 3,370,000 | 2,720,000 | 2,082,000 | 960,000 |
| total liabilities | 4,999,758 | 4,768,534 | 1,515,629 | 13,464,346 | 6,623,144 | 1,697,130 | 1,256,532 | 3,643,242 | 2,910,906 | 2,176,247 | 1,044,662 |
| net assets | -3,000,446 | -1,607,155 | 2,584,541 | -9,424,919 | -2,573,317 | 4,097,895 | -386,664 | -3,439,320 | -2,060,885 | -1,537,997 | -602,589 |
| total shareholders funds | -3,000,446 | -1,607,155 | 2,584,541 | -9,424,919 | -2,573,317 | 4,097,895 | -386,664 | -3,439,320 | -2,060,885 | -1,537,997 | -602,589 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -1,174,681 | -1,426,587 | -2,307,308 | -7,305,215 | -7,544,016 | -4,358,820 | -2,292,511 | -642,923 | |||
| Depreciation | 10,758 | 26,516 | 42,485 | 53,513 | 33,137 | 16,369 | 7,320 | 4,489 | 3,900 | 2,294 | 567 |
| Amortisation | 1 | 61,658 | 61,658 | 61,659 | 61,568 | 61,568 | 61,568 | 0 | 0 | 31,248 | 31,250 |
| Tax | 192,351 | 214,465 | 236,618 | 1,045,171 | 1,143,093 | 774,654 | 148,593 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -93,201 | -103,871 | -933,229 | -250,229 | 765,483 | 642,822 | 325,824 | -227,494 | 60,897 | 3,853 | 227,596 |
| Creditors | -44,986 | 17,969 | 6,839 | -4,781 | 8,550 | -50,751 | 100,040 | -88,287 | 96,659 | 57,151 | 37,096 |
| Accruals and Deferred Income | -42,164 | -280,112 | -194,648 | -291,085 | 169,275 | -110,530 | 513,250 | 390,623 | 0 | -107,566 | 107,566 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -965,520 | -1,282,220 | -1,221,127 | -6,190,509 | -6,893,876 | -4,310,332 | -1,787,564 | -694,040 | |||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -24,849 | 0 | 0 | 0 | 24,849 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 3,793 | 5,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -12,545,245 | 11,658,907 | 886,338 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 318,374 | 3,511,255 | 778,504 | -4,521,839 | 3,861,851 | 601,879 | -3,000,000 | 3,150,000 | 0 | -900,000 | 900,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,720,000 | 638,000 | 2,082,000 | 0 |
| share issue | |||||||||||
| interest | -329,021 | -312,830 | -217,968 | -659,285 | -285,224 | -1,282 | -1,834 | -60,514 | |||
| cash flow from financing | -92,587 | 535,474 | 2,319,242 | 6,545,510 | 4,477,900 | 8,670,604 | 2,196,574 | 939,586 | |||
| cash and cash equivalents | |||||||||||
| cash | -1,061,311 | -766,732 | 1,107,985 | 342,417 | -2,491,201 | 4,276,343 | 50,599 | -416,774 | 149,228 | 220,807 | 155,138 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,061,311 | -766,732 | 1,107,985 | 342,417 | -2,491,201 | 4,276,343 | 50,599 | -416,774 | 149,228 | 220,807 | 155,138 |
cloudiq limited Credit Report and Business Information
Cloudiq Limited Competitor Analysis
Perform a competitor analysis for cloudiq limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cloudiq limited Ownership
CLOUDIQ LIMITED group structure
Cloudiq Limited has no subsidiary companies.
Ultimate parent company
CLOUDIQ LIMITED
07774309
cloudiq limited directors
Cloudiq Limited currently has 4 directors. The longest serving directors include Mr James Critchley (Sep 2011) and Mr Edward Rudd (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Critchley | United Kingdom | 48 years | Sep 2011 | - | Director |
| Mr Edward Rudd | 50 years | Feb 2017 | - | Director | |
| Mr Carles Ferrer Roqueta | England | 53 years | Feb 2017 | - | Director |
| Mr Alexander Sloley | 55 years | Apr 2020 | - | Director |
P&L
December 2022turnover
1.6m
-14%
operating profit
-1.2m
-18%
gross margin
54.7%
-11.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-3m
+0.87%
total assets
2m
-0.37%
cash
1.6m
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
cloudiq limited company details
company number
07774309
Type
Private limited with Share Capital
industry
73120 - Media representation
62090 - Other information technology and computer service activities
incorporation date
September 2011
age
13
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
11th floor, landmark st peter's square, 1 oxford st, manchester, M1 4PB
last accounts submitted
December 2022
cloudiq limited 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 found 5 charges/mortgages relating to cloudiq limited. Currently there are 0 open charges and 5 have been satisfied in the past.
cloudiq limited Companies House Filings - See Documents
| date | description | view/download |
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