CLOUD SYSTEM PLATFORMS LTD

Executive Summary

CLOUD SYSTEM PLATFORMS LTD operates as a micro-entity within the rapidly evolving IT services sector but exhibits financial and operational challenges uncommon among industry peers. Its significant asset decline and minimal workforce hinder its ability to leverage sector growth trends and compete beyond a niche level. Overall, the company remains a small-scale player with constrained market influence relative to typical sector benchmarks.

CLOUD SYSTEM PLATFORMS LTD - Analysis Report

Company Number: 12815211

Analysis Date: 2025-07-20 14:58 UTC

1. Industry Classification
   CLOUD SYSTEM PLATFORMS LTD operates primarily within SIC code 62090, classified under "Other information technology service activities." This sector encompasses firms providing various IT services excluding software publishing, computer consultancy, and hardware provision. Typical activities include data processing, cloud platform services, and IT infrastructure support. The sector is characterised by rapid technological innovation, high scalability potential, and a strong reliance on digital infrastructure.

2. Relative Performance
   As a micro-entity with minimal turnover and asset base, CLOUD SYSTEM PLATFORMS LTD operates at the smallest scale within its sector. Its latest financials show a dramatic decline in net assets from £2,377 in 2022 to just £2 in 2023, alongside a significant drop in current assets (£185 in 2023 vs £5,582 in 2022) and an increase in net current liabilities (negative £692 in 2023). This contrasts unfavourably against typical industry benchmarks where even small IT service firms maintain positive working capital and invest consistently in fixed assets to support service delivery. Moreover, the company retains only one employee, highlighting a minimal operational footprint. The financial volatility and asset depletion suggest operational or market challenges uncommon for stable players in this sector.

3. Sector Trends Impact
   The IT service sector, particularly cloud-related services, is experiencing strong demand driven by digital transformation, remote working trends, and increased cloud adoption across businesses. However, this growth also intensifies competition and raises client expectations regarding service quality and technological sophistication. New entrants often face pressure to scale rapidly, invest heavily in infrastructure, and maintain robust cash flows. The economic environment, including inflation and supply chain constraints for technology hardware, can further stress small IT service providers. For CLOUD SYSTEM PLATFORMS LTD, the reduction in assets and working capital may reflect difficulties in capitalising on these trends or responding to competitive pressures.

4. Competitive Positioning
   CLOUD SYSTEM PLATFORMS LTD appears to be a niche micro player with limited scale and resources. Unlike market leaders or established SMEs in IT services who invest in technology and talent to sustain growth, this company’s shrinking asset base and minimal staffing suggest constrained capacity to compete effectively. The lack of diversity in ownership, with control concentrated between an individual and a single corporate entity, could limit strategic flexibility. Compared to sector norms, the company’s financial fragility and overdue filings indicate potential governance or operational weaknesses. Its position is more of a fringe player rather than a follower or leader, likely competing on a very small scale or in highly specialised sub-niches.