Converging Solutions Holdings Limited
05127207
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2010
DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 6 other boards
Mr James Cruickshank
director · Since 15/06/2026
BRITISH · UNITED KINGDOM · Age 47
Persons with Significant Control
Mr David Rolfe Smith
British · England · Age 75
Rowan House, Church Street, Welford In Avon, CV37 8EJ
Notified 06/04/2016
Mrs Lynne Margaret Smith
British · England · Age 73
Rowan House, Church Street, Welford In Avon, CV37 8EJ
Notified 06/04/2016
CompanyRankvs 1665+ SIC 70100 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£8.7M
Balance sheet strength
Cash
£10.5M
Cash in the bank
Net Current Assets
£8.6M
Working capital
Current Assets
£12.1M
Current Liabilities
£3.6M
Fixed Assets
£126k
Debtors
£723k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.39 | +£398k |
| 2024 | 4.52 | +£435k |
| 2023 | 4.66 | +£515k |
| 2022 | 77.27 | +£401k |
| 2021 | 82.64 | — |
Derived from filed accounts. Not audited figures.