REDCLOUD TECHNOLOGIES LIMITED
Company number 08872820 · Monitor this company
Executive summary
RedCloud Technologies occupies a strategically interesting position at the intersection of software development and emerging market commerce, with a proprietary platform deployed across seven international markets. However, the company's strategic promise is fundamentally undermined by severe financial deterioration—£71.7M in accumulated losses, negative net assets, and an 80% decline in cash reserves—that makes it entirely dependent on continued parent company funding. The massive subsidiary write-down and lack of revenue visibility suggest the current strategy is consuming capital without demonstrating a credible path to self-sustainability, requiring an urgent strategic pivot toward revenue generation and cash preservation if the platform's long-term potential is to be realized.
Shareholders' funds
-£71,744,439
Balance sheet as at 2023-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2014-02-03
- Employees
- 41 (2023 accounts)
- Registered office
- 124 City Road, London, England, EC1V 2NX
- Postcode
- EC1V 2NX
- Capital
- 100 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-02-03
- Next due by
- 2027-02-17
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 4 current · 4 resigned
Group structure 1 subsidiary
Controlled by REDCLOUD HOLDINGS PLC — since 2024-10-11
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB192166 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous registered addresses 3
| Address | Changed on |
|---|---|
| C/O J P FLETCHER & CO, WARNFORD COURT 29 THROGMORTON STREET, LONDON, EC2N 2AT, ENGLAND | 2020-09-24 |
| 8 NEWBURGH STREET, LONDON, W1F 7RJ | 2015-09-25 |
| SHAKESPEARE HOUSE 42 NEWMARKET ROAD, CAMBRIDGE, CB5 8EP, UNITED KINGDOM | 2014-05-20 |
Among its peers
Among the biggest employers
of 2,589 similar companies in EC, with 41 staff. Among the oldest 25% of its local peers.
Competitors London
-
5. CIRATA LTD
This company ranks 4125 among business and domestic software development in London.
The class of 2014
34%
of the 4,791 companies in this sector incorporated in 2014 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.