Cliqueuk Ltd

Cliqueuk Ltd, based in London, UK, is a small holding company with an active status, established four years ago. The company has one director and two owners, and employs a single person. It holds £283,840 in assets, but operates from a virtual address shared by a staggering 28,645 other companies. Accounts are overdue by three months, and confirmation is outstanding by 28 days. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with recent activity recorded just one month ago.

The company’s website paints a picture of a modern fintech provider, Clique, offering business and personal accounts. It emphasizes freedom, flexibility, and personalised service through online and app access, dedicated account managers, and multiple payment methods. The site highlights features like simple onboarding, 24/7 access, and a focus on helping businesses manage their finances efficiently. It even boasts testimonials and client spotlights, showcasing its commitment to customer satisfaction. It’s clear Clique aims to disrupt traditional banking with a tech-forward approach.

Financially, Cliqueuk Ltd presents a mixed bag. While cash reserves have seen a dramatic increase of 930%, jumping to £59,000, other areas show signs of pressure. Net assets have soared to £130,000, a remarkable 31,000% increase, but trade debtors have ballooned by 900%, reaching £180,000 – suggesting difficulties in collecting payments. Bank borrowings have increased significantly, by 2,400%, reaching £29,000. Creditors have decreased by 100%, leaving only £1 outstanding. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the surge in debtors and increased borrowing could indicate cash flow challenges. The absence of an auditor mentioned (likely exempt as a small company) means these figures rely on unaudited director’s reports.

Overall, Cliqueuk Ltd appears to be a dynamic, albeit financially precarious, company. Its fintech venture, Clique, shows promise, but the company needs to address its debt collection issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 13319738, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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