clariter ltd
clariter ltd Company Information
Company Number
08945468
Next Accounts
Dec 2024
Industry
Computer consultancy activities
Technical testing and analysis
Directors
Shareholders
ioa holding srl
rosario gambardella
View AllGroup Structure
View All
Contact
Registered Address
38 craven street, london, WC2N 5NG
Website
www.claritergroup.comclariter ltd Estimated Valuation
Pomanda estimates the enterprise value of CLARITER LTD at £486.4k based on a Turnover of £634.2k and 0.77x industry multiple (adjusted for size and gross margin).
clariter ltd Estimated Valuation
Pomanda estimates the enterprise value of CLARITER LTD at £0 based on an EBITDA of £-117.2k and a 5.12x industry multiple (adjusted for size and gross margin).
clariter ltd Estimated Valuation
Pomanda estimates the enterprise value of CLARITER LTD at £0 based on Net Assets of £-23.3k and 2.34x industry multiple (adjusted for liquidity).
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Clariter Ltd Overview
Clariter Ltd is a live company located in london, WC2N 5NG with a Companies House number of 08945468. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2014, it's largest shareholder is ioa holding srl with a 75.5% stake. Clariter Ltd is a established, small sized company, Pomanda has estimated its turnover at £634.2k with declining growth in recent years.
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Clariter Ltd Health Check
Pomanda's financial health check has awarded Clariter Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £634.2k, make it smaller than the average company (£3.8m)
- Clariter Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.6%)
- Clariter Ltd
5.6% - Industry AVG
Production
with a gross margin of 53.3%, this company has a comparable cost of product (53.3%)
- Clariter Ltd
53.3% - Industry AVG
Profitability
an operating margin of -18.5% make it less profitable than the average company (4.9%)
- Clariter Ltd
4.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (27)
6 - Clariter Ltd
27 - Industry AVG
Pay Structure
on an average salary of £58.1k, the company has an equivalent pay structure (£58.1k)
- Clariter Ltd
£58.1k - Industry AVG
Efficiency
resulting in sales per employee of £105.7k, this is less efficient (£125.8k)
- Clariter Ltd
£125.8k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (60 days)
- Clariter Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (36 days)
- Clariter Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clariter Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (18 weeks)
10 weeks - Clariter Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.2%, this is a higher level of debt than the average (60.6%)
115.2% - Clariter Ltd
60.6% - Industry AVG
CLARITER LTD financials
Clariter Ltd's latest turnover from March 2023 is estimated at £634.2 thousand and the company has net assets of -£23.3 thousand. According to their latest financial statements, Clariter Ltd has 6 employees and maintains cash reserves of £34.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 6 | 8 | 10 | 10 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,882 | 4,863 | 7,844 | 10,825 | 7,532 | 7,115 | 5,400 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 1,882 | 4,863 | 7,844 | 10,825 | 7,532 | 7,115 | 5,400 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 101,139 | 315,662 | 188,693 | 136,322 | 331,163 | 133,155 | 156,738 | 0 | 66,575 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,311 | 53,584 | 83,487 | 56,259 | 0 | 0 | 0 | 0 | 0 |
| Cash | 34,679 | 16,430 | 55,746 | 117,545 | 0 | 0 | 0 | 91,814 | 14,355 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 500 | 0 | 12,461 | 0 |
| total current assets | 153,129 | 385,676 | 327,926 | 310,126 | 331,163 | 133,655 | 156,738 | 104,275 | 80,930 |
| total assets | 153,129 | 385,676 | 329,808 | 314,989 | 339,007 | 144,480 | 164,270 | 111,390 | 86,330 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 59,842 | 58,253 | 26,532 | 35,951 | 121,779 | 44,210 | 47,966 | 27,275 | 24,009 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 116,551 | 234,587 | 182,726 | 142,723 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 176,393 | 292,840 | 209,258 | 178,674 | 121,779 | 44,210 | 47,966 | 27,275 | 24,009 |
| loans | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 2,000 | 2,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 1,399 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 2,000 | 2,000 | 3,399 | 0 | 0 | 0 |
| total liabilities | 176,393 | 292,840 | 209,258 | 180,674 | 123,779 | 47,609 | 47,966 | 27,275 | 24,009 |
| net assets | -23,264 | 92,836 | 120,550 | 134,315 | 215,228 | 96,871 | 116,304 | 84,115 | 62,321 |
| total shareholders funds | -23,264 | 92,836 | 120,550 | 134,315 | 215,228 | 96,871 | 116,304 | 84,115 | 62,321 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 1,882 | 2,981 | 791 | 600 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -250,796 | 97,066 | 79,599 | -138,582 | 198,008 | -23,583 | 156,738 | -66,575 | 66,575 |
| Creditors | 1,589 | 31,721 | -9,419 | -85,828 | 77,569 | -3,756 | 20,691 | 3,266 | 24,009 |
| Accruals and Deferred Income | -118,036 | 51,861 | 40,003 | 142,723 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -1,399 | 1,399 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -2,000 | 0 | 2,000 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 18,249 | -39,316 | -61,799 | 117,545 | 0 | 0 | -91,814 | 77,459 | 14,355 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,249 | -39,316 | -61,799 | 117,545 | 0 | 0 | -91,814 | 77,459 | 14,355 |
clariter ltd Credit Report and Business Information
Clariter Ltd Competitor Analysis
Perform a competitor analysis for clariter ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC2N area or any other competitors across 12 key performance metrics.
clariter ltd Ownership
CLARITER LTD group structure
Clariter Ltd has no subsidiary companies.
Ultimate parent company
CLARITER LTD
08945468
clariter ltd directors
Clariter Ltd currently has 1 director, Mr Davide Magrini serving since Apr 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Davide Magrini | England | 46 years | Apr 2022 | - | Director |
P&L
March 2023turnover
634.2k
-54%
operating profit
-117.2k
0%
gross margin
53.4%
-1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-23.3k
-1.25%
total assets
153.1k
-0.6%
cash
34.7k
+1.11%
net assets
Total assets minus all liabilities
Similar Companies
clariter ltd company details
company number
08945468
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
71200 - Technical testing and analysis
62090 - Other information technology and computer service activities
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
crowdville ltd (June 2018)
accountant
-
auditor
-
address
38 craven street, london, WC2N 5NG
Bank
-
Legal Advisor
-
clariter ltd 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 did not find charges/mortgages relating to clariter ltd.
clariter ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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clariter ltd Companies House Filings - See Documents
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