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CLOUDSMART CONSULTING LTD Financials

Company number
10816968Copy
Copy
Registered office
78 Cannon Street, London EC4 6HL
Incorporated
13/06/2017

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£5.58K2024
342.74%vs 2023

2023: £1.26K

Total Assets

£359.95K2024
-14.37%vs 2023

2023: £420.37K

Cash in Bank

£137.36K2021
First reported year

Total Liabilities

£354.36K2024
-15.45%vs 2023

2023: £419.11K

Employees

122024
0vs 2023

2023: 12

In 2024, CLOUDSMART CONSULTING LTD reported net assets of £5.58K. The same filing shows total assets of £359.95K, cash in bank of £137.36K and total liabilities of £354.36K. Reported headcount was 12 in 2024. Total Liabilities fell from £419.11K in 2023 to £354.36K in 2024 (-15.45%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£5.58K2024
342.74%from £1.26K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures CLOUDSMART CONSULTING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£114.21K2022£5.58K2024
-95.1%vs 2022

-77.9% a year compound (CAGR)

Total Assets

£508.45K2022£359.95K2024
-29.2%vs 2022

-15.9% a year compound (CAGR)

Total Liabilities

£394.24K2022£354.36K2024
-10.1%vs 2022

-5.2% a year compound (CAGR)

Employees

62022122024
+100%vs 2022+6

Biggest increase

Employees+100%

6 in 2022 to 12 in 2024

Biggest decrease

Net Assets-95.1%

£114.21K in 2022 to £5.58K in 2024

CLOUDSMART CONSULTING LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from CLOUDSMART CONSULTING LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
1.55%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
98.45%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
40.53%2021
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
36.38%2021
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for CLOUDSMART CONSULTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£38.65K114.21K1.26K5.58K
Total Assets£377.53K508.45K420.37K359.95K
Cash in Bank£137.36K–––
Total Liabilities£338.88K394.24K419.11K354.36K
Employees661212

CLOUDSMART CONSULTING LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for CLOUDSMART CONSULTING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

CLOUDSMART CONSULTING LTD reported net assets of £5.58K for 2024. That compares with £1.26K in 2023, a change of 342.74%.

CLOUDSMART CONSULTING LTD reported total assets of £359.95K for 2024. That compares with £420.37K in 2023, a change of -14.37%.

CLOUDSMART CONSULTING LTD reported cash in bank of £137.36K for 2021. There is no earlier filing to compare it against.

CLOUDSMART CONSULTING LTD reported 12 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, CLOUDSMART CONSULTING LTD's net assets fell by 95.1%, total assets fell by 29.2%, total liabilities fell by 10.1% and employee numbers rose by 100%. Net assets contracted at 77.9% a year across the two years to 2024, from £114.21K to £5.58K. Reported headcount went from 6 in 2022 to 12 in 2024 (+6).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.