Cloud Dev Systems Ltd

Cloud Dev Systems Ltd, based in London, UK, is a small, active company founded thirteen years ago in 2011. It operates with a solo founder, one director, and a single employee, holding £178,174 in assets. The company’s registered address is a virtual one, shared by 885 other businesses, which is a little unusual. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

Cloud Dev Systems Ltd seems to operate across several industries, including retail sales via mail order and internet, software development, and IT services. The company’s website, though currently unavailable, suggests a focus on cloud-based solutions and potentially e-commerce, but it’s hard to say for sure. It was previously known as Air-tonic Ltd.

Financially, the company shows some interesting trends. Cash reserves have increased significantly by 210%, jumping to £99,000, which is a positive sign. However, debtors have skyrocketed by 7,300%, reaching £79,000, suggesting a large amount of money owed to the company by its customers. Creditors have also increased substantially by 300%, to £29,000, which could indicate increased reliance on credit. Net assets are still negative, at -£12,000, but an improvement from the previous year. The company's depreciation charges for computer equipment have remained constant, and its fixed assets have decreased. It’s worth noting that the accounts are unaudited, and there's no mention of an auditor.

Overall, Cloud Dev Systems Ltd appears to be navigating a period of change. The increase in cash and decrease in debt are encouraging, but the large amount of outstanding debt warrants closer attention. It’s difficult to say whether the company is burning through money or simply experiencing a temporary cash flow issue, but it’s clear that the solo founder has their work cut out for them.

Registered in England/Wales under the registration number 07837357, with a registered address at N1 7GU, 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.
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