Broadcloud Group Ltd

Broadcloud Group Ltd is a small, active company based in Royston, UK, founded two years ago in 2022. With £565,166 in assets and a virtual address, it employs three people and is run by a solo founder, Campbell Eamon, who also serves as director and owner. The company operates in the wired telecommunications, other telecommunications, and other information technology service industries. It’s an irregular importer, with its top import category being optical and medical tools and devices, totaling one month of imports, the latest in February 2024.

The company’s website, broadcloudgroup.com, positions itself as a provider of smart building solutions, focusing on cloud and IoT solutions, building environment optimization, and connectivity. It emphasizes creating connected, healthy, efficient, and sustainable spaces for clients, partnering with leading vendors to deliver flexible and resilient solutions. The site highlights services like people flow counting, air quality monitoring, and low-latency connectivity, targeting organizations seeking to improve building performance, reduce costs, and achieve sustainability goals.

Financially, Broadcloud Group Ltd presents a mixed picture. While cash bank on hand increased significantly by 120% to £490,000, current assets only grew slightly by 4.3% to £570,000. Trade debtors saw a dramatic decrease by 76%, dropping to £77,000, which could indicate better collection practices or a shift in sales strategy. However, net assets decreased by 14% to £94,000, and net current assets liabilities increased by 130% to £410,000. Amounts owed to directors increased by 260% to £340,000, which could be a sign of increased investment or financing needs. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increased liabilities suggest it's burning through money. With no auditor mentioned, the figures are unaudited.

Overall, Broadcloud Group Ltd seems to be growing, but it’s facing financial pressures. The company’s focus on smart building solutions and partnerships with leading vendors positions it well for future success, but it needs to manage its liabilities and maintain a healthy cash flow to sustain its growth.

Registered in England/Wales under the registration number 14266473, with a registered address at SG8 5LF, United Kingdom, Royston, Herts, 70b High Street Bassingbourn.

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