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Cloudrock Partners Ltd

11123511

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 744-750 (5TH FLOOR) SALISBURY HOUSE, LONDON, EC2M 5QQ
Incorporated 22/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Minos Ataliotis

director · Since 22/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Anastasis Kyriacou

director · Since 26/11/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 4 other boards

Persons with Significant Control

Cloudrock Group Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Unit 744-750 (5th Floor), Salisbury House, London, EC2M 5QQ

Reg: 13489819 · Companies House · Limited By Shares

Notified 01/06/2022

Former PSCs

Mr Minos Ataliotis

Ceased 01/06/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES

Created 22/08/2024Registered 28/08/2024
Charge
outstanding

GROWTH CAPITAL PARTNERS NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 22/08/2024Registered 23/08/2024
Charge
satisfied

HSBC UK BANK PLC

Created 20/12/2023Registered 28/12/2023Satisfied 27/08/2024

CompanyRankvs 3160+ SIC 62020 peers
63

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 pts

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

Longevity8/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2023

Net Worth

£6.8M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Profit Before Tax

£4.6M

Bottom line earnings

Net Current Assets

£6.7M

Working capital

Current Assets

£11.6M

Current Liabilities

£4.8M

Fixed Assets

£69k

Debtors

£7.7M

Cost of Sales

£13.8M

Admin Expenses

£3.8M

Profit After Tax

£3.5M

56avg. employees+21

Tax at Year End

Corp tax£1.3M

People Costs

Wages & salaries£6.3M

Balance Sheet

Intangible assets£10k
Assets less current liabilities£6.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20232.40
20211.88
20201.47
20192.16
20182.03

Derived from filed accounts. Not audited figures.