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Atlas Cloud Limited

07297347

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

3RD FLOOR, MAYBROOK HOUSE, NEWCASTLE UPON TYNE, NE1 5JE
Incorporated 28/06/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62030
Computer facilities management activities

Officers

Mr Peter Thomas Watson

director · Since 20/01/2012

SALES DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Mr Michael Paul Conn

director · Since 30/06/2019

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mr Nigel Redwood

director · Since 22/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Mr Michael Thompson

director · Since 01/07/2020

NON-EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mercia Fund Management (Nominees) Limited

director · Since 17/09/2025

BRITISH

Also on 109 other boards

Persons with Significant Control

Mercia Fund Management Limited

Significant control

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Reg: 06973399 · Register Of Companies For England And Wales · Private Limited Company

Notified 28/02/2020

Former PSCs

North East Technology Fund

Ceased 28/02/2020

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 16/07/2025Registered 17/07/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 18/08/2014Registered 27/08/2014Satisfied 25/03/2025

CompanyRankvs 2599+ SIC 62030 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

-£522k

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

-£689k

Working capital

Current Assets

£420k

Current Liabilities

£1.1M

Fixed Assets

£185k

Debtors

£316k

23avg. employees

Tax at Year End(2018)

Corp tax-£367

Balance Sheet

Intangible assets£162k
Assets less current liabilities-£504k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38-£457k
20230.74-£381k
20221.27-£574k
20212.42-£611k
20203.15+£1.2M
20191.48+£247k
20182.17

Derived from filed accounts. Not audited figures.