CLEDARA LIMITED

Latest accounts filed cover 2024-07-31; financial figures currently reflect up to 2023-07-31.

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 102

Reporting scope

Consolidated group

Auditor

Shipleys LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Despite the loss incurred in the period, the Directors have performed various stress test scenarios on the forecast cash flows of the Group and Company to ensure they are confident the Group and Company are able to manage its liabilities as they fall due for a period of no less than 12 months from approval of these financial statements. The directors have not identified any material uncertainties from these tests or related to events or conditions that may cast significant doubt about the Group and Company's ability to continue as a going concern. The directors believe the entity is in a position to continue as a going concern for at least 12 months from the signing of these financial statements.”

Group structure

1. CLEDARA LIMITED · parent
   1. Cledara Inc 100% · USA · same as that of the parent company
   2. Cledara UAB 100% · Lithuania · same as that of the parent company

Significant events

• “New product launches included integrations with multiple HR and accounting systems, benchmarking tool, top-up feature for low customer account balances and numerous ongoing enhancements to existing features.”
• “We successfully completed our SOC 2 Type II Audit during the year, reinforcing our commitment to security and compliance. Additionally, we onboarded a new Banking as a Service provider to increase provider redundancy as a contingency measure against any potential future issues.”

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

Filings

3

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.

• Turnover

  —

  Not reported

• Cash

  +499.8%

  £1,650,644 → £9,900,273

  highest in 4 filed years

• Net assets

  +402.1%

  £2,252,430 → £11,310,134

  highest in 3 filed years

• Employees

  +66.7%

  30 → 50

  highest in 5 filed years

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