Cloudnc Ltd

Cloudnc Ltd, a London-based company, is a large operation active since 2015, employing 126 people and holding £14,258,314 in assets. It’s a real address, with four directors, though it has no owners reported, which is a bit unusual. Google reviews are stellar, boasting a 5.0 rating from three users. The company is an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation dating back to December 01, 2019.

Cloudnc operates in both the manufacture of fabricated metal products and the software development industries. The company’s website highlights its core business: providing CAM (Computer-Aided Manufacturing) assistance packages for various software platforms like Fusion, Mastercam, and Siemens NX. It’s essentially selling AI-powered tools to automate and optimize machining processes, promising to cut programming time and improve cycle times. The site emphasizes integration with existing CAM systems and offers features like cycle time estimation, fixture design, and cutting parameter optimization.

Financially, Cloudnc Ltd shows some concerning trends. Accrued liabilities and deferred income have jumped significantly, increasing by 170%, while administrative expenses have risen by 17%. Net assets have fallen by 21%, and comprehensive income has decreased by 21%. Bank borrowings have increased, and cash reserves remain relatively stable. While the company’s turnover is substantial, the rising expenses and declining net assets suggest it may be burning through cash. The company’s auditors, Moore Kingston Smith LLP, likely conducted an audit, but the trends warrant close monitoring. The directors list was changed four months ago, which is a good sign, but the lack of reported owners is a little strange.

Registered in England/Wales under the registration number 09821257, with a registered address at E1 6DB, United Kingdom, London, Cloudnc, 1 Norton Folgate.

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