Company Overview
Open Cloud Limited is a Dissolved Private Limited Company.
Registered Address

55 Baker Street, London, W1U 7EU
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Companies House Data
Company NameOPEN CLOUD LIMITED
Company Number06000941
Registered Office Address55 Baker Street
 W1U 7EU
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date16/11/2006
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2018
Accounts Last Made Up Date31/12/2016
Accounts Account CategoryGROUP
Returns Next Due Date14/12/2016
Returns Last Made Up Date16/11/2015
Previous Company NameChanged Date
OPEN CLOUD UK LIMITED08 Dec 2006
Directors & Members
Show Resigned
Kelvin Barber - Director
(British, 49 years old, born October 1977)
Appointed 15 May 2019
Active
Derek Brooker - Director
(British, 69 years old, born October 1957)
Appointed 10 February 2017
Active
Versec Secretaries Limited - Secretary
Appointed 10 February 2017
Active
Secretaries
Show Resigned
Versec Secretaries Limited - Secretary
Appointed 10 February 2017
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2014 31-Dec-2013
Balance Sheet
Fixed Assets 122,736 122,736 103,281
Current Assets 6,483,522 6,483,522 6,790,809
Creditors Due Within One Year 3,690,443 3,690,443 3,331,101
Working Cap 2,793,079 2,793,079 3,459,708
Total Assets Less Current Liabilities 2,915,815 2,915,815 3,562,989
Long-term Liabilities 5,819,375 5,819,375 5,355,190
Net Assets -2,903,560 -2,903,560 -1,792,201
Share Capital & Reserves
Share Cap 338,720 338,720 338,670
Profit & Loss Reserves -18,839,424 -18,839,424 -17,727,925
Other Reserves 15,597,144 15,597,144 15,597,054
Shareholders Funds -2,903,560 -2,903,560 -1,792,201
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2014 31-Dec-2013
Tangible Fixed Assets - - -
Fixed Assets 1.9% 1.9% 1.5%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 50.9% 50.9% 37.5%
Cash Bank In Hand 29.6% 29.6% 43.1%
Current Assets 98.1% 98.1% 98.5%
Creditors Due Within One Year 55.9% 55.9% 48.3%
Net Current Assets Liabilities 42.3% 42.3% 50.2%
Creditors Due After One Year 88.1% 88.1% 77.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -44.0% -44.0% -26.0%
Called Up Share Capital 5.1% 5.1% 4.9%
Share Capital Allotted Called Up Paid 5.1% 5.1% 4.9%
Profit Loss Account Reserve -285.2% -285.2% -257.1%
Shareholder Funds -44.0% -44.0% -26.0%
Capital Employed - - -
Total Assets Less Current Liabilities 44.1% 44.1% 51.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2014 31-Dec-2013
Liquidity Ratio 1.8 1.8 2.0
Solvency Ratio 0.7 0.7 0.8
Reserves to Assets -2.9 -2.9 -2.6
Secured Creditors Unlock full report
Mortgages Charges 11
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 11
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2014 31-Dec-2013
Assets 6,606,258 6,606,258 6,894,090
Debt 9,509,818 9,509,818 8,686,291
Net Assets/Debt -2,903,560 -2,903,560 -1,792,201
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Liquidators' statement of receipts and payments to 6 August 2020
Return of final meeting in a Members' voluntary winding up
Liquidators' statement of receipts and payments to 25 September 2019
Appointment of Mr Kelvin Trevor Barber as a director on 15 May 2019
Termination of appointment of Graeme Macarthur as a director on 30 April 2019
Confirmation statement made on 16 November 2018 with no updates
Registered office address changed from 100 Church Street Enfield EN2 6BQ England to 55 Baker Street London W1U 7EU on 19 October 2018
Declaration of solvency
Appointment of a voluntary liquidator
Resolutions
Satisfaction of charge 060009410011 in full
Satisfaction of charge 060009410010 in full
Confirmation statement made on 16 November 2017 with updates
Resolutions
Registration of charge 060009410011, created on 2 August 2017
Notification of Metaswitch Networks Limited as a person with significant control on 10 February 2017
Cessation of Advent Management Iv Limited as a person with significant control on 10 February 2017
Registration of charge 060009410010, created on 30 March 2017
Resolutions
Sub-division of shares on 10 February 2017
Consolidation of shares on 10 February 2017
Resolutions
Satisfaction of charge 8 in full

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