Connexin Limited
05823408
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/05/2006
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 6 other boards
director · Since 01/01/2010
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 7 other boards
director · Since 01/07/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 1 other board
director · Since 13/08/2025
NON-EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 7 other boards
Persons with Significant Control
Dr Furqan Alamgir
British · United Kingdom · Age 41
9th Floor, 107 Cheapside, London, EC2V 6DN
Notified 18/09/2020
Connect Iot Bidco Limited
24 Endell Street, London, WC2H 9HQ
Reg: 12847244 · Companies House · Corporate
Notified 30/11/2023
Former PSCs
Dr Furqan Alamgir
Ceased 18/09/2020
Charges5 outstanding
CONNECT IOT BIDCO LIMITED
CONNECT LOT BIDCO LIMITED AS LENDER
BARCLAYS SECURITY TRUSTEE LIMITED
CONNECT IOT BIDCO LIMITED
CONNECT IOT BIDCO LIMITED
AMEURI LIMITED
CompanyRankvs 16630+ SIC 61100 peers37
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2023
Net Worth
-£16.0M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Net Current Assets
£342k
Working capital
Current Assets
£14.5M
Current Liabilities
£14.2M
Fixed Assets
£2.0M
Debtors
£13.0M
Profit After Tax
-£4.7M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.02 | -£8.2M |
| 2022 | 4.15 | -£6.0M |
| 2021 | 0.92 | -£2.3M |
| 2020 | 1.36 | -£1.0M |
| 2019 | 1.97 | -£1.6M |
| 2018 | 5.47 | — |
Derived from filed accounts. Not audited figures.