Cloud4 Ltd

Cloud4 Ltd from Congleton UK is a small, family-run business with an active status, founded 10 years ago. The company employs just two people and holds £3,984 in assets. It has a real registered address, two directors, and two owners. It has a stellar 5.0 Google rating based on 22 reviews, but it’s an irregular importer, with only two months of import activity recorded as of August 2016.

The company operates in the information technology consultancy activities industries. Its website is non-existent, which is a little strange. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Cloud4 Ltd’s recent performance shows some interesting trends. Cash reserves increased by a solid 52% to £4,000, while creditors dropped significantly by 67% to £3,400. This is good news, but equity plummeted 170% to £3,400, which is a big change. Plant machinery saw a slight increase in depreciation, and the company’s net assets are now £3,400. It’s important to note that these are unaudited figures, and the company is exempt from an audit as a small business. The company’s revenue recognition policy states that turnover is measured at the fair value of consideration received.

While the company’s financials aren’t spectacular, the decrease in creditors and increase in cash suggest better management of short-term obligations. The negative equity, however, is something to keep an eye on. It's possible that the company is reinvesting in its business, but further investigation would be needed.

Registered in England/Wales under the registration number 09063006, with a registered address at CW12 3LB, England, Congleton, 7 Manor Close.

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