QUALITY CLOUDS LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +30.8%

  £2,162,206 → £2,827,740

• Cash

  +8.6%

  £2,730,719 → £2,964,365

• Net assets

  +1%

  £1,435,811 → £1,450,263

• Employees

  +12%

  50 → 56

• Operating profit

  +9.1%

  -£4,585,651 → -£4,169,835

• Profit before tax

  +8.9%

  -£4,543,992 → -£4,141,421

• Wages

  +16.1%

  £3,017,116 → £3,502,140

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Carston ETL

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis as the directors are satisfied that the Company has the ability to continue in business for the foreseeable future. The Company raised £3,764,861 of new equity on 5 August 2024, which will fund continuing growth and operations. In making the going concern assessment the directors have considered future projection of operating performance, cashflow forecasts, and the Company's ability to raise additional equity investment, which is evidenced by its strong track record in attracting new investment, such as the new equity raisec on 5 August 2024 (see above).”

Group structure

1. QUALITY CLOUDS LTD · parent
   1. Quality Clouds S.L. 100% · Spain · Computer software development
   2. Quality Clouds Inc. 100% · USA · Computer software development

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.