Clindata Limited

Clindata Limited is a small, active company based in Polegate, UK, established fourteen years ago in 2010. It’s a family business with two directors and two owners, holding £485,053 in assets and operating from a registered address that is likely virtual, as eighty-one companies share the same location. The company’s status is active. It operates in a few different areas, including retail sales via mail order and internet, IT consultancy, and specialised design activities.

While the company’s website is not available, its activities suggest a focus on online sales and professional services. It’s an irregular exporter, with its top export categories being soaps, cleaning products, and waxes, with only two months of export activity recorded, the last being in September 2021.

Financially, Clindata Limited shows a mixed picture. Current assets decreased by 12% to £490,000, and net assets fell by 9.4% to £480,000. Bank overdrafts decreased by 2.6% to £10,000, and cash reserves dropped 17% to £310,000. Creditors decreased significantly, falling 75% for payments due within a year. Trade debtors have also fallen considerably. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the decline in equity is something to keep an eye on. No auditor is mentioned, likely due to its status as a small company and the use of unaudited accounts.

The company’s financial data suggests it’s not burning through money at a startup pace, but it’s also not experiencing explosive growth. The decrease in assets and net assets, combined with the reduction in cash reserves, indicates a period of contraction. Whether this is a temporary blip or a longer-term trend remains to be seen, but it suggests a need for careful financial management.

Registered in England/Wales under the registration number 07404968, with a registered address at BN26 6EA, Polegate, East Sussex, 49 Station Road.

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