Cloudnc Ltd
Registered name: CLOUDNC LTD
Cloudnc Ltd made £2.4m revenue and a £18.2m loss in the year to 31 Dec 2024. read from filing text
Cloudnc Ltd’s revenue grew 21% to £2.4m in the year to 31 Dec 2024, with a loss of £18.2m and 125 employees. The company is classified under “manufacture of other fabricated metal products” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £2.2m | £1.9m | £2.4m |
| Cost of sales | £3.3m | £5.1m | £6.1m |
| Gross profit | −£1.2m | −£3.2m | −£3.7m |
| Operating profit | −£15.5m | −£16.6m | −£18.6m |
| Profit before tax | −£16.4m | −£16m | −£18.7m |
| Profit after tax | −£14.8m | −£15.1m | −£18.2m |
| Profit (best available) | −£14.8m | −£15.1m | −£18.2m |
| Staff costs | £10m | £11.7m | £13.4m |
| Employees (average) | 85 | 126 | 125 |
| Ratios | |||
| Profit margin | −685.3% | −772.3% | −774.2% |
| Gross margin | −54.2% | −163.7% | −158.8% |
| Revenue per employee | £25.4k | £15.5k | £18.8k |
| Profit per employee | −£174k | −£120k | −£146k |
| Growth (year on year) | |||
| Revenue growth | — | ▼9.8% | ▲20.6% |
| Headcount growth | — | ▲48.2% | ▼0.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10.3m | £10.9m | £11.1m |
| Net assets | £26.1m | £12.2m | £120k |
| Fixed assets | £1.1m | £2.5m | £2.5m |
| Current assets | £28.7m | £13.8m | £14.3m |
| Debtors | £447k | £234k | £609k |
| Deferred income | £51.1k | £22.3k | £846k |
| Cash from operations | £13.1m | £15.3m | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −774.2%
- Profit ÷ revenue.
- Gross margin
- −158.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.8k
- Revenue ÷ average employees.
- Profit per employee
- −£146k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 105.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 36%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼99%
- Now £120k
- Cash at bank
- ▲2%
- Now £11.1m
- Headcount
- ▼1%
- Now 125
- Deferred income
- ▲3703%
- Now £846k
- Fixed assets
- ▼1%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- Rimex Metals Group LimitedEnfield · Manufacture of other fabricated metal products n.e.c.
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- Alco Valves LimitedBrighouse · Manufacture of other fabricated metal products n.e.c.
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- Baby Dan UK LimitedLondon · Manufacture of other fabricated metal products n.e.c.
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- Hindle Group LimitedBradford · Manufacture of other fabricated metal products n.e.c.
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- Altham Fabrications LimitedBlackburn · Manufacture of other fabricated metal products n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£18.2m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.