cloudcity it ltd
cloudcity it ltd Company Information
Company Number
09346956
Next Accounts
Sep 2025
Directors
Shareholders
katherine mckenna
matthew mckenna
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
west pilliven witheridge, tiverton, EX16 8QD
Website
-cloudcity it ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUDCITY IT LTD at £70.1k based on a Turnover of £140.2k and 0.5x industry multiple (adjusted for size and gross margin).
cloudcity it ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUDCITY IT LTD at £28.7k based on an EBITDA of £8k and a 3.59x industry multiple (adjusted for size and gross margin).
cloudcity it ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUDCITY IT LTD at £86.1k based on Net Assets of £36.9k and 2.33x industry multiple (adjusted for liquidity).
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Cloudcity It Ltd Overview
Cloudcity It Ltd is a live company located in tiverton, EX16 8QD with a Companies House number of 09346956. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2014, it's largest shareholder is katherine mckenna with a 50% stake. Cloudcity It Ltd is a established, micro sized company, Pomanda has estimated its turnover at £140.2k with declining growth in recent years.
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Cloudcity It Ltd Health Check
Pomanda's financial health check has awarded Cloudcity It Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £140.2k, make it smaller than the average company (£3.2m)
- Cloudcity It Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.5%)
- Cloudcity It Ltd
8.5% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (45.5%)
- Cloudcity It Ltd
45.5% - Industry AVG
Profitability
an operating margin of 5.7% make it as profitable than the average company (5.8%)
- Cloudcity It Ltd
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Cloudcity It Ltd
22 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
- Cloudcity It Ltd
£63k - Industry AVG
Efficiency
resulting in sales per employee of £70.1k, this is less efficient (£138.3k)
- Cloudcity It Ltd
£138.3k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (61 days)
- Cloudcity It Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (27 days)
- Cloudcity It Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cloudcity It Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cloudcity It Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27%, this is a lower level of debt than the average (58.8%)
27% - Cloudcity It Ltd
58.8% - Industry AVG
CLOUDCITY IT LTD financials
Cloudcity It Ltd's latest turnover from December 2023 is estimated at £140.2 thousand and the company has net assets of £36.9 thousand. According to their latest financial statements, Cloudcity It Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,250 | 2,500 | 3,750 | 401 | 803 | 476 | |||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 1,250 | 2,500 | 3,750 | 401 | 803 | 476 | |||
| Stock & work in progress | |||||||||
| Trade Debtors | 49,360 | 45,240 | 43,738 | 65,024 | 93,700 | 107,373 | 6,517 | 4,250 | |
| Group Debtors | |||||||||
| Misc Debtors | 34,099 | ||||||||
| Cash | 74,315 | 63,372 | 21,494 | ||||||
| misc current assets | 1,090 | ||||||||
| total current assets | 49,360 | 45,240 | 43,738 | 65,024 | 93,700 | 107,373 | 114,931 | 67,622 | 22,584 |
| total assets | 50,610 | 47,740 | 47,488 | 65,024 | 93,700 | 107,774 | 115,734 | 68,098 | 22,584 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 13,670 | 16,798 | 16,025 | 20,904 | 20,417 | 15,508 | |||
| Group/Directors Accounts | 626 | 371 | |||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 28,536 | 21,410 | 21,636 | ||||||
| total current liabilities | 13,670 | 16,798 | 16,025 | 20,904 | 20,417 | 15,508 | 29,162 | 21,781 | 21,636 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 153 | 95 | |||||||
| total long term liabilities | 153 | 95 | |||||||
| total liabilities | 13,670 | 16,798 | 16,025 | 20,904 | 20,417 | 15,508 | 29,315 | 21,876 | 21,636 |
| net assets | 36,940 | 30,942 | 31,463 | 44,120 | 73,283 | 92,266 | 86,419 | 46,222 | 948 |
| total shareholders funds | 36,940 | 30,942 | 31,463 | 44,120 | 73,283 | 92,266 | 86,419 | 46,222 | 948 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 511 | 235 | |||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 4,120 | 1,502 | -21,286 | -28,676 | -13,673 | 66,757 | 36,366 | 4,250 | |
| Creditors | -3,128 | 773 | -4,879 | 487 | 4,909 | 15,508 | |||
| Accruals and Deferred Income | -28,536 | 7,126 | -226 | 21,636 | |||||
| Deferred Taxes & Provisions | -153 | 58 | 95 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -626 | 255 | 371 | ||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -74,315 | 10,943 | 41,878 | 21,494 | |||||
| overdraft | |||||||||
| change in cash | -74,315 | 10,943 | 41,878 | 21,494 |
cloudcity it ltd Credit Report and Business Information
Cloudcity It Ltd Competitor Analysis
Perform a competitor analysis for cloudcity it ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EX16 area or any other competitors across 12 key performance metrics.
cloudcity it ltd Ownership
CLOUDCITY IT LTD group structure
Cloudcity It Ltd has no subsidiary companies.
Ultimate parent company
CLOUDCITY IT LTD
09346956
cloudcity it ltd directors
Cloudcity It Ltd currently has 1 director, Mr Matthew McKenna serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew McKenna | England | 52 years | Dec 2014 | - | Director |
P&L
December 2023turnover
140.2k
+5%
operating profit
8k
0%
gross margin
24.8%
-8.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
36.9k
+0.19%
total assets
50.6k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
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cloudcity it ltd company details
company number
09346956
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
west pilliven witheridge, tiverton, EX16 8QD
Bank
-
Legal Advisor
-
cloudcity it 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 cloudcity it ltd.
cloudcity it 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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cloudcity it ltd Companies House Filings - See Documents
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