Bam Boom Cloud Limited

Bam Boom Cloud Ltd, based in Derby, UK, is a large holding company with an active status, established five years ago. Employing 96 people and boasting assets of £2,399,618, the company generated £5,444,008 in revenue last year. It has three directors and one owner, and maintains a perfect 5.0 Google rating from six reviews. The company is an irregular exporter, primarily dealing in toys, games, and sports equipment, with the last export operation occurring over a year ago.

Bam Boom Cloud's core business revolves around providing Microsoft cloud technology solutions, specifically Dynamics 365 Business Central. Their website highlights a focus on simplifying accounting systems and offering fixed-price, fixed-scope packs and subscriptions. They actively target businesses outgrowing Sage or Xero, positioning themselves as experts in streamlining operations and reducing costs. The site showcases a "Kickstart" implementation program designed to get businesses live with D365 Business Central in as little as a week.

Financially, Bam Boom Cloud presents a mixed picture. While revenue remains strong, several key metrics show concerning trends. Accrued liabilities have halved, which is good, but administrative expenses have fallen by a significant 25%, suggesting potential cost-cutting measures. Cash bank on hand has doubled, a positive sign, but director remuneration has disappeared completely. Perhaps most worrying is the dramatic drop in equity, plummeting by 820%, leaving a negative balance of -£3,100,000. Trade debtors have also decreased by 39%, which could indicate issues with customer payments. The company’s average number of employees has fallen drastically, from 96 to just 25, which may be related to the negative equity. The lack of an auditor mentioned suggests the company is exempt, and the figures are unaudited.

Overall, Bam Boom Cloud Ltd appears to be navigating a challenging period. While their focus on Microsoft Business Central and fixed-price solutions is attractive, the sharp decline in equity and employee numbers raise questions about the company's long-term stability. The company's success will likely depend on its ability to maintain customer satisfaction and streamline operations to improve its financial health.

Registered in England/Wales under the registration number 11953616, with a registered address at DE1 1HA, United Kingdom, Derby, 10 Wardwick.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.