Cloudswitched Limited

Cloudswitched Ltd from London UK: a small, active company founded seven years ago, employs six people, and holds £181,778 in assets. It operates from a real address and is led by two directors and one owner. The company is a regular importer of electrical machinery and equipment, with recent activity recorded in October 2024.

Cloudswitched specializes in providing IT support and solutions to businesses, particularly those transitioning to cloud-based systems. Its website details a range of services, including cloud server setups, hybrid backups, email migration, and networking solutions. The company positions itself as a partner for small and medium-sized businesses, offering tailored solutions and expert guidance to optimize their IT infrastructure. It seems they’re really focused on helping companies move to the cloud, with services ranging from consultations to full system migrations. They even offer virtual CIO insights, helping businesses identify technical risks and improvements.

Financially, Cloudswitched Ltd presents a mixed picture. While current assets increased slightly to £180,000, net assets decreased significantly to -£65,000. Bank borrowings jumped considerably, reaching £17,000, and cash reserves fell sharply to £9,400. Creditors also rose, suggesting increased reliance on short-term financing. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the equity decline indicates potential financial strain. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

Despite these challenges, Cloudswitched appears to be actively pursuing new business, with a focus on cloud-based solutions. The company's website highlights its expertise and commitment to customer service, suggesting a strong emphasis on building relationships and providing value. It's clear they are trying to position themselves as a trusted IT partner for small and medium-sized businesses, but whether they can overcome the financial pressures remains to be seen.

Registered in England/Wales under the registration number 10907588, with a registered address at EC3R 7LP, England, London, Regus New London House, 6 London Street.

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