CLOUDTHAT TECHNOLOGIES UK LIMITED

Executive Summary

CLOUDTHAT TECHNOLOGIES UK LIMITED is a micro-entity IT consultancy with a stable but minimal financial base and no employees. The company shows positive working capital and net assets, supporting short-term credit use under controlled conditions. Continuous monitoring of cash flow generation and operational progress is essential due to the limited scale and early-stage profile.

CLOUDTHAT TECHNOLOGIES UK LIMITED - Analysis Report

Company Number: 13142666

Analysis Date: 2025-07-20 15:57 UTC

1. Credit Opinion: APPROVE with conditions. CLOUDTHAT TECHNOLOGIES UK LIMITED is a micro-entity IT consultancy with a very modest financial base and no employees. The company shows positive net current assets and net equity, indicating a minimal buffer to meet short-term obligations. However, the scale of operations is very limited and the company’s ability to generate sufficient cash flow for loan servicing is uncertain without further trading and income details. Approval is recommended for small, short-term credit facilities with careful monitoring and possibly personal guarantees given the limited financial scale and lack of operational history beyond balance sheet snapshots.

2. Financial Strength: The balance sheet as of 31 March 2024 shows current assets of £20,548 against current liabilities of £14,465, resulting in net current assets of £9,083. Total net assets stand at £7,416, reflecting modest shareholder funds. The company holds no fixed assets. The capital structure is minimal with only £1 share capital. The financial position is stable but very small in scale, leaving little room for financial shock absorption. No retained earnings or profit and loss reserves are disclosed, consistent with micro-entity filing and possibly early-stage operations.

3. Cash Flow Assessment: No explicit cash flow statement is provided, but current assets presumably include cash or cash equivalents. The positive net current assets suggest adequate liquidity to meet current liabilities. However, the absence of employees and limited asset base imply the company’s cash inflows likely depend on tight client receivables or owner funding. Working capital is positive but minimal, indicating limited operational cash flow flexibility. The company should be monitored for sustained cash generation capability from trading activities.

4. Monitoring Points:

• Regular updates on profitability and cash flow from trading to assess ongoing debt service capacity.
• Monitoring any increase in liabilities or deterioration in net current assets.
• Watch for any director changes or ownership structure shifts that may impact governance.
• Confirmation of timely filing of accounts and confirmation statements to avoid regulatory penalties.
• Tracking client contracts and payment history for operational viability signals.