Nordcloud Limited
09158610
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ibm Corporation Us
1, New Orchard Road, Armonk, NY 10504
Reg: 0000051143 · Unites States · Corporate
Notified 21/07/2021
Former PSCs
Mr Fernando Jose Herrera Avila
Ceased 21/07/2021
Mr Pyry Topias Lehdonvirta
Ceased 19/05/2017
Charges0 outstanding
SILICON VALLEY BANK
CompanyRankvs 378090+ SIC 62090 peers39
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
financial statements in the UK, which includes the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the c
Key FinancialsYear ending 31/12/2021
Turnover
£11.8M
Annual revenue
Net Worth
-£73k
Balance sheet strength
Cash
£781k
Cash in the bank
Profit Before Tax
£507k
Bottom line earnings
Net Current Assets
-£214k
Working capital
Current Assets
£8.7M
Current Liabilities
£8.9M
Fixed Assets
£141k
Debtors
£7.9M
Cost of Sales
£7.6M
Gross Profit
£4.2M
Admin Expenses
£9.5M
Operating Profit
£507k
Profit After Tax
£507k
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.98 | +£507k |
| 2020 | 0.81 | +£1.1M |
| 2019 | 0.60 | — |
Derived from filed accounts. Not audited figures.