Clyn Ltd

Clyn Ltd is a small, active company based in London, UK, founded five years ago in 2019. It employs six people and holds £58,059 in assets, operating from a virtual address. With one director and one owner, the company focuses on retail sales via mail order and internet, leveraging a platform to automate cleaning services for short-term rentals.

The company’s website, Clyn, positions itself as a solution for property managers, offering services like light housekeeping, deep cleaning, and move-in/move-out cleaning. It emphasizes AI-powered scheduling, optimized routes, and quality control, aiming to streamline operations and boost revenue by 10%. The site highlights a partnership with McKinsey and targets property owners struggling with tight turnaround times and scheduling challenges. They offer an "Early Stage Pilot Program" with discounts and access to AI tools, showcasing a focus on innovation and scalable solutions.

Financially, Clyn Ltd presents a mixed picture. Current assets have fallen significantly, dropping 65% to £58,000, while net assets have also decreased considerably. Bank borrowings have increased by 66%, reaching £59,000, and cash reserves have plummeted 65% to £51,000. Creditors have increased substantially, rising 86% to £210,000, while trade debtors have decreased by 62%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for agility, but the sharp decline in equity and cash reserves suggests a company burning through money. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Despite the financial pressures, Clyn’s focus on AI-powered automation and its partnership with McKinsey indicate a forward-thinking approach. Whether this strategy can offset the current financial strain and achieve sustainable growth remains to be seen.

Registered in England/Wales under the registration number 12208734, with a registered address at N1 7GU, England, 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.