{"name":"CLARITUM LIMITED","company_number":"03878694","status":"Disolved","type":"Private Limited Company","incorporated":"1999-11-17","dissolved":"2026-11-05","registered_office":"Hermes House, Fire Fly Avenue, Swindon, SN2 2GA","postcode":"SN2 2GA","sic_codes":[{"code":58290,"description":"Other software publishing"},{"code":62012,"description":"Business and domestic software development"},{"code":62090,"description":"Other information technology service activities"},{"code":63120,"description":"Web portals"}],"principal_activity":null,"previous_names":[{"name":"MIGHTY LIFE LIMITED","changed_on":"2001-07-16"},{"name":"ROBIN GOOD LIMITED","changed_on":"2000-05-10"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"28 February","last_made_up_to":"2024-02-29","next_due":null},"employees":null,"financials":[{"financial_date":"2024-02-29","net_assets":66388,"cash":370},{"financial_date":"2023-02-28","net_assets":58175,"cash":2778},{"financial_date":"2022-02-28","net_assets":20008,"cash":3419},{"financial_date":"2021-02-28","net_assets":165846,"cash":15084},{"financial_date":"2020-02-29","net_assets":311800,"cash":3157}],"officers":{"current":3,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2024-10-11","kind":"insolvency"},{"date":"2024-10-11","kind":"insolvency"},{"date":"2024-10-11","kind":"insolvency"}],"insolvency_outcome":{"active_today":false,"filings":[{"form":"LIQ14","date":"2026-08-05","description":"Return of final meeting in a creditors' voluntary winding up"}]},"ai_summary":"Claritum Limited was a long-established niche software company whose principal asset — a proprietary platform with over £1.1m of cumulative development investment and a contracted recurring client base — was undermined by chronic undercapitalization, a heavily secured capital stack, and subscale economics, culminating in the company's recorded dissolution following liquidation. The financial record shows an operating model stabilizing through cost reduction (headcount halved to seven; reserves improving by c. £46k over two years) even as liquidity collapsed to £370 of cash against a £266k working capital deficit. The strategic lesson for stakeholders and comparable businesses is clear: in niche software, distribution and capital determine outcomes as much as code, and a structured trade sale executed early captures value that a distressed process rarely does.","website":"http://www.claritum.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/claritum","people":"https://www.companiesintheuk.co.uk/company/claritum/people","filing_history":"https://www.companiesintheuk.co.uk/company/claritum/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03878694","financials":"https://www.companiesintheuk.co.uk/company/claritum/financial","gazette":"https://www.companiesintheuk.co.uk/company/claritum/gazette","control":"https://www.companiesintheuk.co.uk/company/claritum/control","charges":"https://www.companiesintheuk.co.uk/company/claritum/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/claritum/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/claritum"}