future cloud accounting limited
future cloud accounting limited Company Information
Company Number
11792107
Next Accounts
Dec 2025
Directors
Shareholders
francesca natalia mcclory
Group Structure
View All
Industry
Accounting, and auditing activities
+1Registered Address
14 halifax court, fernwood business park, newark, nottinghamshire, NG24 3JP
Website
www.future-cloud.co.ukfuture cloud accounting limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £136.7k based on a Turnover of £180.4k and 0.76x industry multiple (adjusted for size and gross margin).
future cloud accounting limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £89.4k based on an EBITDA of £20.7k and a 4.32x industry multiple (adjusted for size and gross margin).
future cloud accounting limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £200.1k based on Net Assets of £60k and 3.33x industry multiple (adjusted for liquidity).
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Future Cloud Accounting Limited Overview
Future Cloud Accounting Limited is a live company located in newark, NG24 3JP with a Companies House number of 11792107. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2019, it's largest shareholder is francesca natalia mcclory with a 100% stake. Future Cloud Accounting Limited is a young, micro sized company, Pomanda has estimated its turnover at £180.4k with high growth in recent years.
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Future Cloud Accounting Limited Health Check
Pomanda's financial health check has awarded Future Cloud Accounting Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £180.4k, make it larger than the average company (£130k)
- Future Cloud Accounting Limited
£130k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.8%)
- Future Cloud Accounting Limited
6.8% - Industry AVG
Production
with a gross margin of 78.6%, this company has a comparable cost of product (78.6%)
- Future Cloud Accounting Limited
78.6% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (6.6%)
- Future Cloud Accounting Limited
6.6% - Industry AVG
Employees
with 8 employees, this is above the industry average (2)
8 - Future Cloud Accounting Limited
2 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)
- Future Cloud Accounting Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £22.6k, this is less efficient (£65.1k)
- Future Cloud Accounting Limited
£65.1k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (73 days)
- Future Cloud Accounting Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is slower than average (14 days)
- Future Cloud Accounting Limited
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Future Cloud Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (40 weeks)
54 weeks - Future Cloud Accounting Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.9%, this is a similar level of debt than the average (64.1%)
67.9% - Future Cloud Accounting Limited
64.1% - Industry AVG
FUTURE CLOUD ACCOUNTING LIMITED financials
Future Cloud Accounting Limited's latest turnover from March 2024 is estimated at £180.4 thousand and the company has net assets of £60 thousand. According to their latest financial statements, Future Cloud Accounting Limited has 8 employees and maintains cash reserves of £130.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| 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 | 8 | 9 | 8 | 6 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,911 | 5,298 | 5,827 | 2,918 | 2,330 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,911 | 5,298 | 5,827 | 2,918 | 2,330 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,400 | 4,389 | 3,297 | 2,599 | 1,803 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 40,843 | 4,200 | 10,582 | 8,119 | 2,007 |
| Cash | 130,624 | 148,281 | 146,200 | 101,997 | 49,846 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 179,867 | 156,870 | 160,079 | 112,715 | 53,656 |
| total assets | 186,778 | 162,168 | 165,906 | 115,633 | 55,986 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,981 | 2,587 | 1,382 | 1,691 | 209 |
| Group/Directors Accounts | 0 | 0 | 0 | 30,998 | 14,387 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 122,046 | 116,420 | 120,420 | 57,724 | 9,261 |
| total current liabilities | 125,027 | 119,007 | 121,802 | 90,413 | 23,857 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,728 | 1,324 | 1,107 | 516 | 404 |
| total long term liabilities | 1,728 | 1,324 | 1,107 | 516 | 404 |
| total liabilities | 126,755 | 120,331 | 122,909 | 90,929 | 24,261 |
| net assets | 60,023 | 41,837 | 42,997 | 24,704 | 31,725 |
| total shareholders funds | 60,023 | 41,837 | 42,997 | 24,704 | 31,725 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,779 | 3,159 | 2,416 | 1,239 | 660 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 40,654 | -5,290 | 3,161 | 6,908 | 3,810 |
| Creditors | 394 | 1,205 | -309 | 1,482 | 209 |
| Accruals and Deferred Income | 5,626 | -4,000 | 62,696 | 48,463 | 9,261 |
| Deferred Taxes & Provisions | 404 | 217 | 591 | 112 | 404 |
| 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 | -30,998 | 16,611 | 14,387 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -17,657 | 2,081 | 44,203 | 52,151 | 49,846 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -17,657 | 2,081 | 44,203 | 52,151 | 49,846 |
future cloud accounting limited Credit Report and Business Information
Future Cloud Accounting Limited Competitor Analysis
Perform a competitor analysis for future cloud accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG24 area or any other competitors across 12 key performance metrics.
future cloud accounting limited Ownership
FUTURE CLOUD ACCOUNTING LIMITED group structure
Future Cloud Accounting Limited has no subsidiary companies.
Ultimate parent company
FUTURE CLOUD ACCOUNTING LIMITED
11792107
future cloud accounting limited directors
Future Cloud Accounting Limited currently has 1 director, Mrs Francesca McClory serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Francesca McClory | England | 40 years | Jan 2019 | - | Director |
P&L
March 2024turnover
180.4k
+6%
operating profit
16.9k
0%
gross margin
78.6%
-2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
60k
+0.43%
total assets
186.8k
+0.15%
cash
130.6k
-0.12%
net assets
Total assets minus all liabilities
future cloud accounting limited company details
company number
11792107
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
FUTURE CLOUD ACCOUNTING LIMITED
auditor
-
address
14 halifax court, fernwood business park, newark, nottinghamshire, NG24 3JP
Bank
-
Legal Advisor
-
future cloud accounting 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 future cloud accounting limited.
future cloud accounting 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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future cloud accounting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
