How much does Cloudrock Partners Ltd make?

Cloudrock Partners Ltd reported revenue of £22.2m and £3.5m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Cloudrock Partners Ltd have?

Cloudrock Partners Ltd reported an average of 56 employees in the year to 31 Dec 2023.

Is Cloudrock Partners Ltd profitable?

Yes — Cloudrock Partners Ltd reported a profit of £3.5m in the year to 31 Dec 2023.

Company No. 11123511 · Incorporated 22 Dec 2017

Cloudrock Partners Ltd

Registered name: CLOUDROCK PARTNERS LTD

Part of Project Olympus Topco Limited group

Cloudrock Partners Ltd made £22.2m revenue and £3.5m profit in the year to 31 Dec 2023. read from filing text

Cloudrock Partners Ltd’s revenue grew 104% to £22.2m in the year to 31 Dec 2023, with £3.5m profit and 56 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 8 yrs · since 2017
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Company is a subsidiary of Cloudrock Group Holdings Ltd, which is incorporated in the UK.”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£22.2m

Growth ▲103.8%

Profit

£3.5m

Growth ▲232%

Profit margin

15.8%

Gross 37.8%

Employees

Change ▲47.4%

Profit / employee

£62.4k

Revenue/employee £396k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.9m	£22.2m
Cost of sales	£7.9m	£13.8m
Gross profit	£3m	£8.4m
Operating profit	£1.3m	£4.6m
Profit before tax	£1.3m	£4.6m
Profit after tax	£1.1m	£3.5m
Profit (best available)	£1.1m	£3.5m
Staff costs	£4.7m	£7.1m
Employees (average)	38	56
Ratios
Profit margin	9.7%	15.8%
Gross margin	27.4%	37.8%
Revenue per employee	£286k	£396k
Profit per employee	£27.7k	£62.4k
Cash conversion	−76.1%	−68%
Growth (year on year)
Revenue growth	—	▲103.8%
Profit growth	—	▲232%
Headcount growth	—	▲47.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£3.9m
Net assets	£2.7m	£6.8m
Fixed assets	£50.5k	£69.3k
Current assets	£5.5m	£11.6m
Debtors	£1.5m	£4.4m
Deferred income	£494k	£1.5m
Cash from operations	−£993k	−£3.1m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 15.8%; Profit ÷ revenue.
Gross margin: 37.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £396k; Revenue ÷ average employees.
Profit per employee: £62.4k; Profit ÷ average employees.
Cash conversion: −68%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲153%; Now £6.8m
Cash at bank: ▲128%; Now £3.9m
Headcount: ▲47%; Now 56
Deferred income: ▲211%; Now £1.5m
Fixed assets: ▲37%; Now £69.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Project Olympus Topco Limitedultimate parent75–100%
Project Olympus Midco Limited75–100%
Project Olympus Bidco Limited75–100%
Cloudrock Group Holdings Ltd75–100%
Cloudrock Partners Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £3.5m), from the Companies House accounts bulk data published Dec 2024. 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.