Cloud Trade Technologies Limited
07039186
Details
Compliance
Last accounts
29/02/2024
audit exemption subsidiary
Accounts
Confirmation statement
Last: 13/10/2024
Due
Industry
Officers
secretary · Since 26/04/2022
director · Since 09/06/2023
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 49 other boards
Persons with Significant Control
Advanced Business Software And Solutions Limited
The Mailbox Level 3, 101 Wharfside Street, Birmingham, B1 1RF
Reg: 03214465 · Companies House · Limited By Shares
Notified 14/10/2021
Former PSCs
Mr Richard Alexander Develyn
Ceased 26/07/2018
Mr Richard Allan John Manson
Ceased 26/07/2018
Mr David Alan Cocks
Ceased 26/07/2018
Mr David Alan Cocks
Ceased 14/10/2021
Insolvency History1 case
Samantha Keen (practitioner) · Derek Hyslop (practitioner) · Matthew Coomber (practitioner)
CompanyRankvs 5760+ SIC 62012 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
planning and spend over the forthcoming months. Although COVID-19 continues to have some impact, the directors do not consider that this will significantly affect the group’s ability to continue as a going concern and it is anticipated more businesses will move to e-invoicing as a result of the pandemic. The directors have also reviewed its supply chain, key customers and capital resources. During
Key FinancialsYear ending 31/03/2021
Net Worth
£922k
Balance sheet strength
Cash
£614k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.8M
Current Liabilities
£692k
Fixed Assets
£36k
Debtors
£1.1M
Profit After Tax
-£331k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 2.53 | -£300k |
| 2020 | 4.01 | -£551k |
| 2019 | 7.17 | — |
Derived from filed accounts. Not audited figures.