cloud accountancy (whitefield) ltd
cloud accountancy (whitefield) ltd Company Information
Company Number
11560135
Next Accounts
Jun 2025
Industry
Tax consultancy
Bookkeeping activities
Shareholders
graeme morris
Group Structure
View All
Contact
Registered Address
151b bury new road, whitefield, manchester, greater manchester, M45 6AA
Website
cloudaccountancyuk.comcloud accountancy (whitefield) ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD ACCOUNTANCY (WHITEFIELD) LTD at £149.2k based on a Turnover of £241.8k and 0.62x industry multiple (adjusted for size and gross margin).
cloud accountancy (whitefield) ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD ACCOUNTANCY (WHITEFIELD) LTD at £0 based on an EBITDA of £-1.9k and a 3.62x industry multiple (adjusted for size and gross margin).
cloud accountancy (whitefield) ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD ACCOUNTANCY (WHITEFIELD) LTD at £10.8k based on Net Assets of £3k and 3.57x industry multiple (adjusted for liquidity).
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Cloud Accountancy (whitefield) Ltd Overview
Cloud Accountancy (whitefield) Ltd is a live company located in manchester, M45 6AA with a Companies House number of 11560135. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2018, it's largest shareholder is graeme morris with a 100% stake. Cloud Accountancy (whitefield) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £241.8k with rapid growth in recent years.
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Cloud Accountancy (whitefield) Ltd Health Check
Pomanda's financial health check has awarded Cloud Accountancy (Whitefield) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £241.8k, make it larger than the average company (£173.9k)
- Cloud Accountancy (whitefield) Ltd
£173.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (5.8%)
- Cloud Accountancy (whitefield) Ltd
5.8% - Industry AVG
Production
with a gross margin of 41.2%, this company has a higher cost of product (81.6%)
- Cloud Accountancy (whitefield) Ltd
81.6% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (9.3%)
- Cloud Accountancy (whitefield) Ltd
9.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Cloud Accountancy (whitefield) Ltd
3 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Cloud Accountancy (whitefield) Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £120.9k, this is more efficient (£71.2k)
- Cloud Accountancy (whitefield) Ltd
£71.2k - Industry AVG
Debtor Days
it gets paid by customers after 216 days, this is later than average (71 days)
- Cloud Accountancy (whitefield) Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 595 days, this is slower than average (25 days)
- Cloud Accountancy (whitefield) Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cloud Accountancy (whitefield) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Cloud Accountancy (whitefield) Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (59.1%)
99% - Cloud Accountancy (whitefield) Ltd
59.1% - Industry AVG
CLOUD ACCOUNTANCY (WHITEFIELD) LTD financials
Cloud Accountancy (Whitefield) Ltd's latest turnover from September 2023 is estimated at £241.8 thousand and the company has net assets of £3 thousand. According to their latest financial statements, Cloud Accountancy (Whitefield) Ltd has 2 employees and maintains cash reserves of £3.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,336 | 7,115 | 15,473 | 8,330 | 9,037 |
| Intangible Assets | 150,000 | 150,000 | 150,000 | 150,000 | 50,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 155,336 | 157,115 | 165,473 | 158,330 | 59,037 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 7,500 |
| Trade Debtors | 143,477 | 77,621 | 29,526 | 50,272 | 85,275 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 36,298 | 0 | 0 |
| Cash | 3,429 | 15,159 | 1,311 | 3,572 | 943 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 146,906 | 92,780 | 67,135 | 53,844 | 93,718 |
| total assets | 302,242 | 249,895 | 232,608 | 212,174 | 152,755 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 231,776 | 169,714 | 272 | 30,988 | 127,212 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 53,731 | 0 | 0 |
| total current liabilities | 231,776 | 169,714 | 54,003 | 30,988 | 127,212 |
| loans | 0 | 0 | 164,326 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 67,433 | 73,996 | 0 | 134,463 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 67,433 | 73,996 | 164,326 | 134,463 | 0 |
| total liabilities | 299,209 | 243,710 | 218,329 | 165,451 | 127,212 |
| net assets | 3,033 | 6,185 | 14,279 | 46,723 | 25,543 |
| total shareholders funds | 3,033 | 6,185 | 14,279 | 46,723 | 25,249 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,779 | 2,370 | 6,295 | 3,153 | 1,004 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | -7,500 | 7,500 |
| Debtors | 65,856 | 11,797 | 15,552 | -35,003 | 85,275 |
| Creditors | 62,062 | 169,442 | -30,716 | -96,224 | 127,212 |
| Accruals and Deferred Income | 0 | -53,731 | 53,731 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -164,326 | 164,326 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,563 | 73,996 | -134,463 | 134,463 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -11,730 | 13,848 | -2,261 | 2,629 | 943 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,730 | 13,848 | -2,261 | 2,629 | 943 |
cloud accountancy (whitefield) ltd Credit Report and Business Information
Cloud Accountancy (whitefield) Ltd Competitor Analysis
Perform a competitor analysis for cloud accountancy (whitefield) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M45 area or any other competitors across 12 key performance metrics.
cloud accountancy (whitefield) ltd Ownership
CLOUD ACCOUNTANCY (WHITEFIELD) LTD group structure
Cloud Accountancy (Whitefield) Ltd has no subsidiary companies.
Ultimate parent company
CLOUD ACCOUNTANCY (WHITEFIELD) LTD
11560135
cloud accountancy (whitefield) ltd directors
Cloud Accountancy (Whitefield) Ltd currently has 2 directors. The longest serving directors include Mr Graeme Morris (Jul 2019) and Mr Graeme Morris (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graeme Morris | United Kingdom | 61 years | Jul 2019 | - | Director |
| Mr Graeme Morris | United Kingdom | 61 years | Jul 2019 | - | Director |
P&L
September 2023turnover
241.8k
+85%
operating profit
-3.6k
0%
gross margin
41.3%
+5.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3k
-0.51%
total assets
302.2k
+0.21%
cash
3.4k
-0.77%
net assets
Total assets minus all liabilities
cloud accountancy (whitefield) ltd company details
company number
11560135
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69203 - Tax consultancy
69202 - Bookkeeping activities
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
cloud accountancy & tax solutions ltd (August 2022)
tabs (p (October 2019)
accountant
-
auditor
-
address
151b bury new road, whitefield, manchester, greater manchester, M45 6AA
Bank
-
Legal Advisor
-
cloud accountancy (whitefield) 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 cloud accountancy (whitefield) ltd.
cloud accountancy (whitefield) 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.
Click to start generating capital raising & share issue transactions for CLOUD ACCOUNTANCY (WHITEFIELD) LTD. This can take several minutes, an email will notify you when this has completed.
cloud accountancy (whitefield) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
