clearpath technology limited
clearpath technology limited Company Information
Company Number
09929840
Next Accounts
Sep 2025
Shareholders
soflo limited
ormerod rutter holdings limited
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Website
www.techalliance.co.ukclearpath technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH TECHNOLOGY LIMITED at £544k based on a Turnover of £712.8k and 0.76x industry multiple (adjusted for size and gross margin).
clearpath technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH TECHNOLOGY LIMITED at £0 based on an EBITDA of £-2.1k and a 5.21x industry multiple (adjusted for size and gross margin).
clearpath technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH TECHNOLOGY LIMITED at £124 based on Net Assets of £55 and 2.26x industry multiple (adjusted for liquidity).
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Clearpath Technology Limited Overview
Clearpath Technology Limited is a live company located in worcestershire, WR9 9AY with a Companies House number of 09929840. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2015, it's largest shareholder is soflo limited with a 29% stake. Clearpath Technology Limited is a established, small sized company, Pomanda has estimated its turnover at £712.8k with rapid growth in recent years.
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Clearpath Technology Limited Health Check
Pomanda's financial health check has awarded Clearpath Technology Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £712.8k, make it smaller than the average company (£7.3m)
- Clearpath Technology Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (8%)
- Clearpath Technology Limited
8% - Industry AVG
Production
with a gross margin of 51.3%, this company has a comparable cost of product (51.3%)
- Clearpath Technology Limited
51.3% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (3.5%)
- Clearpath Technology Limited
3.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (43)
4 - Clearpath Technology Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has an equivalent pay structure (£74.2k)
- Clearpath Technology Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £178.2k, this is equally as efficient (£178.2k)
- Clearpath Technology Limited
£178.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Clearpath Technology Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Clearpath Technology Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clearpath Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (14 weeks)
57 weeks - Clearpath Technology Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.1%, this is a higher level of debt than the average (64.8%)
91.1% - Clearpath Technology Limited
64.8% - Industry AVG
CLEARPATH TECHNOLOGY LIMITED financials
Clearpath Technology Limited's latest turnover from December 2023 is estimated at £712.8 thousand and the company has net assets of £55. According to their latest financial statements, Clearpath Technology Limited has 4 employees and maintains cash reserves of £615 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | 277 | 302 | ||||||
| Trade Debtors | 1,968 | 17,922 | 13,302 | 19,497 | 22,915 | 8,601 | 3,951 | |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 615 | 64,979 | 26,221 | 4,368 | 1,256 | 191 | 12,212 | 8,200 |
| misc current assets | ||||||||
| total current assets | 615 | 66,947 | 44,143 | 17,670 | 20,753 | 23,106 | 21,090 | 12,453 |
| total assets | 615 | 66,947 | 44,143 | 17,670 | 20,753 | 23,106 | 21,090 | 12,453 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 22,553 | 22,553 | 1,390 | 4,280 | 2,410 | 5,502 | 2,102 | |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 560 | 43,975 | 7,731 | 4,121 | 3,969 | 13,643 | 13,276 | 9,616 |
| total current liabilities | 560 | 66,528 | 30,284 | 5,511 | 8,249 | 16,053 | 18,778 | 11,718 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 560 | 66,528 | 30,284 | 5,511 | 8,249 | 16,053 | 18,778 | 11,718 |
| net assets | 55 | 419 | 13,859 | 12,159 | 12,504 | 7,053 | 2,312 | 735 |
| total shareholders funds | 55 | 419 | 13,859 | 12,159 | 12,504 | 7,053 | 2,312 | 735 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -277 | -25 | 302 | |||||
| Debtors | -1,968 | -15,954 | 4,620 | -6,195 | -3,418 | 14,314 | 4,650 | 3,951 |
| Creditors | -22,553 | 21,163 | -2,890 | 1,870 | -3,092 | 3,400 | 2,102 | |
| Accruals and Deferred Income | -43,415 | 36,244 | 3,610 | 152 | -9,674 | 367 | 3,660 | 9,616 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| 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 | -64,364 | 38,758 | 21,853 | 3,112 | 1,065 | -12,021 | 4,012 | 8,200 |
| overdraft | ||||||||
| change in cash | -64,364 | 38,758 | 21,853 | 3,112 | 1,065 | -12,021 | 4,012 | 8,200 |
clearpath technology limited Credit Report and Business Information
Clearpath Technology Limited Competitor Analysis
Perform a competitor analysis for clearpath technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WR9 area or any other competitors across 12 key performance metrics.
clearpath technology limited Ownership
CLEARPATH TECHNOLOGY LIMITED group structure
Clearpath Technology Limited has no subsidiary companies.
clearpath technology limited directors
Clearpath Technology Limited currently has 4 directors. The longest serving directors include Mrs Nicole McGrory (Dec 2020) and Mr William Roberts (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Nicole McGrory | United Kingdom | 60 years | Dec 2020 | - | Director |
| Mr William Roberts | 46 years | Jan 2023 | - | Director | |
| Mr Peter Ormerod | United Kingdom | 67 years | Jan 2023 | - | Director |
| Mr Alex Dyer | 44 years | Jan 2023 | - | Director |
P&L
December 2023turnover
712.8k
+409%
operating profit
-2.1k
0%
gross margin
51.3%
-1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
55
-0.87%
total assets
615
-0.99%
cash
615
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
clearpath technology limited company details
company number
09929840
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
tech alliance limited (June 2024)
accountant
ORMEROD RUTTER LIMITED
auditor
-
address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
clearpath technology 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 did not find charges/mortgages relating to clearpath technology limited.
clearpath technology limited 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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clearpath technology limited Companies House Filings - See Documents
| date | description | view/download |
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