UK Companies House feature
CLOVER BIDCO LIMITED
Cash
—
Latest balance sheet
Net assets
-£3M
-145.5% vs 2022
Employees
4
0% vs 2022
Profit before tax
-£2M
-40.8% vs 2022
Profile
- Company number
- 12999125
- Status
- Active
- Incorporation
- 2020-11-05
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£58,045 | — | -£140,053 | -£175,691 | |
| Profit before tax | -£82,863 | — | -£1,214,135 | -£1,709,437 | |
| Net profit | £37,258 | — | -£1,230,487 | -£1,709,437 | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £16,013,285 | — | £15,274,508 | £15,341,689 | |
| Net assets | £55,536 | — | -£1,174,951 | -£2,884,388 | |
| Equity | £55,536 | £55,536 | -£1,174,951 | -£2,884,388 | |
| Average employees | 3 | — | 4 | 4 | |
| Wages | £74,093 | — | £25,000 | £25,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at the balance sheet date, the company has net liabilities of £5,722,439. The Clover Topco Limited group manages cash on a consolidated basis, and based upon post year end and forecast trading for the group, the directors' have performed sensitivity analysis to show that the group is able to meet its obligations as they fall due, including servicing the debt and meeting covenant obligations for this company, for at least 12 months from signing these financial statements. The group has prepared modelling by subsidiary entity of revenues by product and location, including levels of new customer acquisition, recurring subscription revenue and churn rates. Detailed modelling has been performed on the level of costs and investments required, taking account of inflation and other macroeconomic trends. The conversion of trading into cash was also modelled, taking account of seasonality patterns, debt repayments and potential taxation liabilities. On that basis, the directors are satisfied it is appropriate to prepare these financial statements on a going concern basis. Trading subsidiaries of Clover Bidco are listed in note 11.”
Subsidiaries
- Altia Solutions Limited · 100% held · England
- Altia-ABM Group · 100% held · England
- ABM intelligence Limited · 100% held · England
- Altia-ABM Pty Limited · 100% held · Australia
- Altia-ABM Inc · 100% held · Canada
- Xalita Technology Limited · 100% held · England
- VeriSaas Pty Limited · 100% held · Australia
- Inverted Solutions Pty Limited · 100% held · Australia
- Badger Software Limited · 100% held · England
- Aquila Intelligence Solutions Limited · 100% held · England
- Altia Intel Inc · 100% held · United States of America
Significant events
- “As of 20 March 2025, the group was acquired by Multiverse (Bidco) Limited. This change in ownership provides further investment into the group to enable the group to continue to grow and expand into new markets.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNN, Allan | Director | 2025-03-01 | Dec 1966 | British |
| SPEED, Daniel | Director | 2026-02-01 | Feb 1975 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNN, Allan | Director | 2023-09-26 | 2025-01-21 |
| HOOK, Simon Leigh | Director | 2020-11-23 | 2024-02-29 |
| O'LOUGHLIN, Kevin | Director | 2020-11-05 | 2023-09-26 |
| PATTERSON, Lauren Katherine Stewart | Director | 2024-01-24 | 2025-02-28 |
| PEET, Andrew | Director | 2021-04-28 | 2023-07-24 |
| SINCLAIR, Robert John | Director | 2020-11-18 | 2025-09-01 |
| WARRINER, Stuart Neil | Director | 2024-02-29 | 2025-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Clover Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-05 | Active |
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-18 | AP01 | officers | appoint person director company with name date |
| 2026-02-12 | AA | accounts | accounts with accounts type full |
| 2025-10-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-18 | TM01 | officers | termination director company with name termination date |
| 2025-07-07 | AA01 | accounts | change account reference date company previous extended |
| 2025-07-02 | TM01 | officers | termination director company with name termination date |
| 2025-05-02 | RESOLUTIONS | resolution | resolution |
| 2025-05-02 | MA | incorporation | memorandum articles |
| 2025-04-25 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-04-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-03-27 | AP01 | officers | appoint person director company with name date |
| 2025-03-21 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-03-21 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-03-13 | TM01 | officers | termination director company with name termination date |
| 2025-02-03 | TM01 | officers | termination director company with name termination date |
| 2024-12-30 | AA | accounts | accounts with accounts type full |
| 2024-11-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-16 | CH01 | officers | change person director company with change date |
| 2024-04-11 | AD01 | address | change registered office address company with date old address new address |
| 2024-03-04 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
-1.28
DISTRESS
Altman Z″
- Working capital / Total assets -0.165 × 6.56 = -1.08
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.009 × 6.72 = -0.06
- Book equity / Total liabilities -0.132 × 1.05 = -0.14
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
35
COLD
/ 100
- Filings velocity 50
- Capital events 0
- Officer churn 75
- Headcount trajectory 50
- Accounts trajectory 0
- 6 filing(s) in last 12 months
- 1 appointed, 2 resigned (12mo)
- Employees +0% YoY
- Net Assets -145% YoY