CLOUD SG UK LTD

1. CLOUD SG UK LTD 2023-06-12 → present
2. CITRIX SYSTEMS UK LIMITED 1995-01-30 → 2023-06-12
3. CITRIX SYSTEMS LIMITED 1995-01-26 → 1995-01-30
4. LAW 608 LIMITED 1994-06-09 → 1995-01-26

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

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. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

RSM Ireland Business Advisory Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial position of the company and its exposures to financial and liquidity risks are summarised on page 3. The directors have an expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In reaching this conclusion, the directors have looked at the company's forecast and projections for a period of at least twelve months from the date of the approval of the financial statements that demonstrate that there is no material uncertainty regarding the company's ability to continue as a going concern. Any intercompany payable balances owed to group companies are payable on demand, however cash is only paid when needed. The full intercompany payable balance would only be required to be paid if Cloud SG UK Ltd had the ability to pay it. Meanwhile, the directors of the company are in receipt of a guarantee from the parent company relating to the intra-group receivables Accordingly, the directors continue to adopt the going concern basis in preparing the report and financial statements.”

Significant events

• “On 1 July 2023, as part of Cloud Software Group Holdings, Inc.'s performed an international re-organisation, two other UK registered companies, Citrix R&D Limited and TIBCO Software Limited agreed to sell their entire legal and beneficial ownership in the business, including, its assets and liabilities, to Cloud SG UK Ltd.”
• “Based on the Asset Purchase Agreement dated 9 September 2024, which has been executed on 31 October 2024, Cloud Software Inc. disposed its assets and liabilities in relation to its global Sharefile business to Progress Software Corporation.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +17.3%

  £1,180,687,000 → £1,384,795,000

• Cash

  +136.3%

  £64,504,000 → £152,391,000

• Net assets

  +82.4%

  £101,214,000 → £184,568,000

• Employees

  +27.7%

  256 → 327

• Operating profit

  +16.5%

  £39,711,000 → £46,282,000

• Profit before tax

  +34%

  £72,414,000 → £97,032,000

• Wages

  +2.8%

  £84,841,000 → £87,238,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers