Cloudcell Technologies Ltd

Cloudcell Technologies Ltd, based in Wimborne, UK, is a small, active company founded 14 years ago. With seven employees and £398,110 in assets, it operates from a virtual address – a detail flagged by the registration of 349 companies at the same location. The company is led by a solo founder, Boyle Kevin Douglas, who also serves as the sole director and owner. It boasts a perfect 5.0 Google rating from a single review, and regularly imports electrical machinery and equipment, with the latest import activity recorded in October 2023.

Cloudcell Technologies focuses on providing alternative broadband solutions, particularly for construction sites and areas with poor fibre connections. Its website highlights services like 4G/5G bonding, interim broadband, and business continuity solutions, catering to both homes and businesses. The company positions itself as a provider of reliable connectivity, even in challenging locations, and is actively promoting its new 5G broadband service. It even has a reseller program, hoping to expand its reach.

Financially, Cloudcell Technologies shows a mixed picture. Cash reserves have dramatically increased, jumping 360% to £210,000, a positive sign. However, net assets have risen 60% to £190,000, while bank borrowings have decreased by 11% to £150,000. Creditors have also decreased, which is good. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. A significant increase in average employees, up 71% to 12, suggests the company is expanding its workforce, but also potentially increasing its operational costs. The lack of an auditor mentioned is typical for a small company. Overall, Cloudcell Technologies appears to be growing, but it’s important to monitor its financial trends closely.

Registered in England/Wales under the registration number 07639413, with a registered address at BH21 7SB, United Kingdom, Wimborne, C/O Vantage Accounting 1 Cedar Office Park, Cobham Road.

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