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Converging Solutions Limited

04157012

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 6A WATERLOO INDUSTRIAL ESTATE, ALCESTER, B50 4JH
Incorporated 09/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Lynne Margaret Smith

director · Since 01/07/2010

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 6 other boards

Mr James Cruickshank

director · Since 01/02/2018

DESIGNATED MEMBER

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Mrs Claire Louise Cruickshank

director · Since 19/07/2023

DESIGNATED MEMBER

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Locol Holdings Limited

75–100% shares
75–100% votes

Unit 6a Waterloo Industrial Estate, Waterloo Road, Alcester, B50 4JH

Reg: 10381196 · Uk Register Of Companies · Limited Company

Notified 01/02/2017

Former PSCs

Locol Holdings Limited

Ceased 06/02/2018

Charges1 outstanding

charge
outstanding

CONVERGING SOLUTIONS HOLDINGS LIMITED

Created 30/06/2005Registered 12/07/2005

CompanyRankvs 1493+ SIC 28990 peers
40

Financial strength24th percentile among SIC peers · 6/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1493Converging Solutions Limited
50
How is this score calculated?
Financial strength6/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£100

Balance sheet strength

Cash

£3.1M

Cash in the bank

Net Current Assets

£896k

Working capital

Current Assets

£4.1M

Current Liabilities

£3.2M

Fixed Assets

£0

Debtors

£901k

0avg. employees-36
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.28
20241.34
20231.42
20221.22
20211.29

Derived from filed accounts. Not audited figures.