Claritas Solutions Limited

Claritas Solutions Ltd, based in Wetherby, UK, is a substantial holding company with an active status, having operated for 28 years. Employing 65 people, the company holds assets valued at £15,986,432. It's a real address with five directors and one owner, and enjoys a stellar 5.0 Google rating from eight reviews. While it imports electrical machinery and equipment irregularly (last import in June 2022), it primarily operates in the wired telecommunications activities, business and domestic software development, and data processing industries.

The company's website highlights a range of IT services, from HumanIT solutions—combining the benefits of public cloud with the security of private cloud—to software engineering, infrastructure design, and ransomware recovery. It caters to various sectors, including government, police forces, education, and healthcare. They even provide services for the NHS. The website details a focus on sustainability, with a recent boost in their rating, and positions itself as a trusted partner for businesses seeking robust IT solutions.

Financially, Claritas Solutions Ltd presents a mixed picture. While cash bank on hand increased by 24% to £9.9 million, net assets only increased by 15% to £7.5 million. A significant drop in deferred income—down 23% to £8.3 million—suggests a shift in payment terms or a decrease in pre-payments. Trade debtors decreased by 33%, which could indicate improved collections, but also a reduction in sales. Interestingly, bank borrowings increased by 100%, reaching £260,000. The company's size—meeting two of three criteria to be considered large—means it’s subject to more scrutiny, but the lack of a detailed auditor's report (likely exempt due to its size) makes a full assessment difficult. The company's turnover decreased by 23%, from £13 million to £10 million.

Overall, Claritas Solutions Ltd appears to be a well-established IT services provider, but the financial data suggests some challenges in managing cash flow and maintaining profitability. The company’s focus on sustainable practices and its strong online presence position it well for future growth, but careful financial management will be crucial.

Registered in England/Wales under the registration number 03191078, with a registered address at LS22 7GZ, England, Wetherby, 2 Deighton Close.

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