cloud tax solutions ltd Company Information
Company Number
11724291
Next Accounts
Jun 2026
Industry
Accounting, and auditing activities
Tax consultancy
Directors
Shareholders
graeme kevin morris
Group Structure
View All
Contact
Registered Address
151b bury new road, whitefield, manchester, greater manchester, M45 6AA
Website
-cloud tax solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD TAX SOLUTIONS LTD at £35.3k based on a Turnover of £49.9k and 0.71x industry multiple (adjusted for size and gross margin).
cloud tax solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD TAX SOLUTIONS LTD at £0 based on an EBITDA of £-1.2k and a 4.41x industry multiple (adjusted for size and gross margin).
cloud tax solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD TAX SOLUTIONS LTD at £0 based on Net Assets of £-23.9k and 3.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cloud Tax Solutions Ltd Overview
Cloud Tax Solutions Ltd is a live company located in manchester, M45 6AA with a Companies House number of 11724291. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2018, it's largest shareholder is graeme kevin morris with a 100% stake. Cloud Tax Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £49.9k with high growth in recent years.
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Cloud Tax Solutions Ltd Health Check
Pomanda's financial health check has awarded Cloud Tax Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £49.9k, make it smaller than the average company (£179.5k)
- Cloud Tax Solutions Ltd
£179.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.8%)
- Cloud Tax Solutions Ltd
6.8% - Industry AVG
Production
with a gross margin of 44.5%, this company has a higher cost of product (86.5%)
- Cloud Tax Solutions Ltd
86.5% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (6.2%)
- Cloud Tax Solutions Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Cloud Tax Solutions Ltd
3 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Cloud Tax Solutions Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £49.9k, this is less efficient (£87.5k)
- Cloud Tax Solutions Ltd
£87.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cloud Tax Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1587 days, this is slower than average (30 days)
- Cloud Tax Solutions Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cloud Tax Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (40 weeks)
0 weeks - Cloud Tax Solutions Ltd
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.8%, this is a higher level of debt than the average (48.6%)
121.8% - Cloud Tax Solutions Ltd
48.6% - Industry AVG
CLOUD TAX SOLUTIONS LTD financials
Cloud Tax Solutions Ltd's latest turnover from September 2024 is estimated at £49.9 thousand and the company has net assets of -£23.9 thousand. According to their latest financial statements, Cloud Tax Solutions Ltd has 1 employee and maintains cash reserves of £16 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2024 | Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 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 | 1 | 1 | 1 | 1 | 1 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024 | Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 9,500 | 9,500 | 3,753 | 5,850 | 6,619 | 0 |
Total Fixed Assets | 109,500 | 109,500 | 103,753 | 105,850 | 106,619 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 173 | 15,237 | 15,235 | 14,870 | 5,864 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 16 | 299 | 534 | 12 | 91 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 16 | 472 | 15,771 | 15,247 | 14,961 | 5,864 |
total assets | 109,516 | 109,972 | 119,524 | 121,097 | 121,580 | 5,864 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 120,572 | 117,524 | 332 | 243 | 367 | 59 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 120,572 | 117,524 | 332 | 243 | 367 | 59 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 12,836 | 15,150 | 118,785 | 120,347 | 120,711 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 12,836 | 15,150 | 118,785 | 120,347 | 120,711 | 0 |
total liabilities | 133,408 | 132,674 | 119,117 | 120,590 | 121,078 | 59 |
net assets | -23,892 | -22,702 | 407 | 507 | 502 | 5,805 |
total shareholders funds | -23,892 | -22,702 | 407 | 507 | 502 | 5,805 |
Sep 2024 | Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -173 | -9,317 | -2,095 | -404 | 15,625 | 5,864 |
Creditors | 3,048 | 117,192 | 89 | -124 | 308 | 59 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -2,314 | -103,635 | -1,562 | -364 | 120,711 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | -283 | -235 | 522 | -79 | 91 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -283 | -235 | 522 | -79 | 91 | 0 |
cloud tax solutions ltd Credit Report and Business Information
Cloud Tax Solutions Ltd Competitor Analysis
Perform a competitor analysis for cloud tax solutions 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 tax solutions ltd Ownership
CLOUD TAX SOLUTIONS LTD group structure
Cloud Tax Solutions Ltd has no subsidiary companies.
Ultimate parent company
CLOUD TAX SOLUTIONS LTD
11724291
cloud tax solutions ltd directors
Cloud Tax Solutions Ltd currently has 1 director, Mr Graeme Morris serving since May 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Graeme Morris | United Kingdom | 61 years | May 2019 | - | Director |
P&L
September 2024turnover
49.9k
+198%
operating profit
-1.2k
0%
gross margin
44.5%
+4.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
-23.9k
+0.05%
total assets
109.5k
0%
cash
16
-0.95%
net assets
Total assets minus all liabilities
cloud tax solutions ltd company details
company number
11724291
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2024
previous names
tax planning solutions ltd (March 2023)
tax reclaims 4 u ltd (April 2022)
accountant
-
auditor
-
address
151b bury new road, whitefield, manchester, greater manchester, M45 6AA
Bank
-
Legal Advisor
-
cloud tax solutions 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 tax solutions ltd.
cloud tax solutions 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 TAX SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
cloud tax solutions ltd Companies House Filings - See Documents
date | description | view/download |
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