UK Companies House feature
CLOVER TECHNOLOGY LTD
Cash
£140K
+739.7% vs 2024
Net assets
-£2M
-27.4% vs 2024
Employees
10
-9.1% vs 2024
Profit before tax
-£912K
+17.1% vs 2024
Profile
- Company number
- 13206820
- Status
- Active
- Incorporation
- 2021-02-17
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2025-03-31
| Metric | Trend | 2021-02-16 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | -£1,099,693 | -£912,059 | |
| Net profit | — | — | — | -£959,982 | -£536,726 | |
| Cash | — | — | — | £16,671 | £139,988 | |
| Total assets less current liabilities | — | — | — | £9,504 | £439,930 | |
| Net assets | — | — | — | -£1,721,284 | -£2,193,691 | |
| Equity | — | — | — | -£1,721,284 | -£2,193,691 | |
| Average employees | — | — | — | 11 | 10 | |
| Wages | — | — | — | £907,499 | £895,806 |
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
- M J Bushell Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director has prepared the financial statements on a going concern basis even though the account show net liabilities of £2,193,691. The parent company Spark Finance Group PLC has secured £3,210,983 of shareholder equity funding to 31 March 2025. This funding is expected to be sufficient to enable the group and this company to continue to trade for the foreseeable future. In all scenarios the Director believes that the company has sufficient resources to be able to meet its liabilities as they fall due and have therefore concluded that the going concern basis of accounting is appropriate.”
Significant events
- “'Ali' (Artificial Lending Intelligence) - our inhouse generative Al service. Watch this space...”
- “KPC (Key Person Checker) and PQC (Pre Qualification Checker) - A summarised pull of all public data on a lending opportunity - allowing both brokers and lenders the ability to quickly assess potential borrowers, and the individuals involved in running the borrowing entity.”
- “Our Automated-Insights reports are now used by lenders approximately 2,000 times every month- saving time and money in lending opportunity assessment.”
- “Launched our White-Label solution, allowing external users to arrange debt transactions on behalf of their B2B customers.”
- “Commission disclosure - following various legal cases in the market, our software now facilitates the disclosure of commissions to borrowers, increasing transparency while reducing admin.”
- “We have seen record KPI's in almost every measure since 31 March 2025, including the number of opportunities created by our white label partners, revenue for every channel and lender user engagement.”
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
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOBBIN, Julian Clyde | Director | 2021-02-17 | Jul 1977 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spark Finance Plc | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-03-29 | Active |
| Mr Julian Clyde Dobbin | Individual | Shares 75–100% | 2021-02-17 | Ceased 2023-01-31 |
Filing timeline
Last 13 of 13 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-03-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-03-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-10-12 | AA | accounts | accounts with accounts type full |
| 2023-02-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-23 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2022-07-22 | AA | accounts | accounts with accounts type full |
| 2022-03-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-03-01 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2022-02-21 | AA01 | accounts | change account reference date company current extended |
| 2021-02-17 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
-7.77
DISTRESS
Altman Z″
- Working capital / Total assets 0.876 × 6.56 = +5.75
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -1.883 × 6.72 = -12.65
- Book equity / Total liabilities -0.819 × 1.05 = -0.86
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
Filings velocity, capital events, officer churn, accounts trajectory