cloud formations ltd
cloud formations ltd Company Information
Company Number
14062693
Website
-Registered Address
37 east lawn drive, doveridge, ashbourne, DE6 5JN
Industry
Other information technology and computer service activities
Computer consultancy activities
Telephone
03332423195
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
daniel addy 50%
paul andrew 50%
cloud formations ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD FORMATIONS LTD at £160.5k based on a Turnover of £314.9k and 0.51x industry multiple (adjusted for size and gross margin).
cloud formations ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD FORMATIONS LTD at £252.5k based on an EBITDA of £70k and a 3.61x industry multiple (adjusted for size and gross margin).
cloud formations ltd Estimated Valuation
Pomanda estimates the enterprise value of CLOUD FORMATIONS LTD at £118.3k based on Net Assets of £52k and 2.28x industry multiple (adjusted for liquidity).
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Cloud Formations Ltd Overview
Cloud Formations Ltd is a live company located in ashbourne, DE6 5JN with a Companies House number of 14062693. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2022, it's largest shareholder is daniel addy with a 50% stake. Cloud Formations Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £314.9k with unknown growth in recent years.
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Cloud Formations Ltd Health Check
Pomanda's financial health check has awarded Cloud Formations Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £314.9k, make it smaller than the average company (£3.5m)
- Cloud Formations Ltd
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cloud Formations Ltd
- - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (46%)
- Cloud Formations Ltd
46% - Industry AVG
Profitability
an operating margin of 22.2% make it more profitable than the average company (5.4%)
- Cloud Formations Ltd
5.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
3 - Cloud Formations Ltd
23 - Industry AVG
Pay Structure
on an average salary of £60.2k, the company has an equivalent pay structure (£60.2k)
- Cloud Formations Ltd
£60.2k - Industry AVG
Efficiency
resulting in sales per employee of £105k, this is less efficient (£144.6k)
- Cloud Formations Ltd
£144.6k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (58 days)
- Cloud Formations Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (31 days)
- Cloud Formations Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cloud Formations Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cloud Formations Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.3%, this is a similar level of debt than the average (57.5%)
57.3% - Cloud Formations Ltd
57.5% - Industry AVG
CLOUD FORMATIONS LTD financials
Cloud Formations Ltd's latest turnover from March 2024 is estimated at £314.9 thousand and the company has net assets of £52 thousand. According to their latest financial statements, Cloud Formations Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 121,579 | 193 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 121,579 | 193 |
| total assets | 121,579 | 193 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 69,629 | 737 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 69,629 | 737 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 69,629 | 737 |
| net assets | 51,950 | -544 |
| total shareholders funds | 51,950 | -544 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 121,386 | 193 |
| Creditors | 68,892 | 737 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
cloud formations ltd Credit Report and Business Information
Cloud Formations Ltd Competitor Analysis
Perform a competitor analysis for cloud formations ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DE6 area or any other competitors across 12 key performance metrics.
cloud formations ltd Ownership
CLOUD FORMATIONS LTD group structure
Cloud Formations Ltd has no subsidiary companies.
Ultimate parent company
CLOUD FORMATIONS LTD
14062693
cloud formations ltd directors
Cloud Formations Ltd currently has 2 directors. The longest serving directors include Mr Paul Andrew (Apr 2022) and Mr Daniel Addy (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Andrew | England | 38 years | Apr 2022 | - | Director |
| Mr Daniel Addy | England | 43 years | Apr 2022 | - | Director |
P&L
March 2024turnover
314.9k
+34039%
operating profit
70k
0%
gross margin
24%
-6.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
52k
-96.5%
total assets
121.6k
+628.94%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
cloud formations ltd company details
company number
14062693
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
62020 - Computer consultancy activities
incorporation date
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
37 east lawn drive, doveridge, ashbourne, DE6 5JN
Bank
-
Legal Advisor
-
cloud formations 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 formations ltd.
cloud formations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
