Cirata Ltd

Cirata Ltd from Sheffield UK: a small holding company with an active status, was founded sixteen years ago and currently employs 116 people. The company holds assets worth £1,273,070 and generates yearly revenue of £1,677,715, operating from a real address. It’s managed by three directors and has one owner, and is an irregular importer of ceramic products, with its last import operation occurring one month ago.

Cirata Ltd’s website reveals a focus on data modernization and DevOps solutions, catering to industries like financial services, automotive, and telecommunications. The company offers products like Data Migrator for Hadoop and Gerrit, alongside services like disaster recovery and hybrid cloud solutions. It’s clear that the company is not an e-commerce business; rather, it provides software and services to other businesses. The website emphasizes speed, security, and automation—key selling points in the competitive data management space.

Financially, Cirata Ltd shows a mixed picture. Current assets have decreased significantly, dropping 55% to £1,300,000, while net assets have fallen 25% to £63,000,000. Cash reserves have also plummeted 81%, leaving only £210,000. However, creditors have decreased by 20%, which could indicate improved debt management. The company’s turnover has also dropped substantially, falling 51% to £1,700,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decline in key financial metrics raises concerns. There’s no auditor mentioned, which is common for small companies.

The company’s focus on data modernization and DevOps suggests it’s targeting a high-value market. However, the recent financial downturn may be a sign of increased competition or challenges in securing new contracts. It’s possible that the company is investing heavily in research and development, which could explain the decline in short-term profitability, but it’s also possible that the company is struggling to adapt to changing market conditions.

Registered in England/Wales under the registration number 06612293, with a registered address at S1 4BY, England, Sheffield, Spaces Pennine Five Block 2, Floor 7, 1 Tenter Street.

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