Cloudswitched Limited
10907588
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/08/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 2 other boards
Persons with Significant Control
Mr Murat Karagulle
British · United Kingdom · Age 45
Wework, Cloudswitched Limited, London, E1W 1UN
Notified 09/08/2017
CompanyRankvs 77044+ SIC 62020 peers45
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£65k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£36k
Working capital
Current Assets
£257k
Current Liabilities
£294k
Debtors
£62k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.88 | +£378 |
| 2023 | 0.80 | -£14k |
| 2022 | 0.84 | -£23k |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.