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Silver Lining Convergence Ltd

06212357

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FOCUS HOUSE, SHOREHAM-BY-SEA, BN43 6PA
Incorporated 13/04/2007

Compliance

Last accounts

30/11/2024

audit exemption subsidiary

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 05/01/2026

Due 19/01/2027

On track

Industry

61900
Other telecommunications activities

Officers

Mr Allan Stephen Packer

director · Since 15/05/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Mr Rhys Nicholas Harry Bailey

director · Since 04/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 8 other boards

Mrs Charlene Emma Friend

director · Since 04/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 70 other boards

Mr Matthew James Halford

director · Since 04/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 67 other boards

Ms Victoria Claire Rishbeth

director · Since 04/09/2024

CHIEF TECHNOLOGY OFFICER

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Appa Technical Holdings Limited

75–100% shares
75–100% votes

Focus House, Ham Road, Shoreham-By-Sea, BN43 6PA

Reg: 09325217 · Companies House · Limited Company

Notified 27/04/2017

Former PSCs

Mr Peter Mark Appleton

Ceased 14/04/2018

Mr Allan Stephen Packer

Ceased 14/04/2018

Sl Capital Limited

Ceased 27/04/2017

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 16/10/2018Registered 19/10/2018Satisfied 30/10/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 02/04/2014Registered 10/04/2014Satisfied 07/08/2024

CompanyRankvs 290+ SIC 61900 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/04/2024

Net Worth

£3.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£4.1M

Current Liabilities

£955k

Fixed Assets

£225k

Debtors

£2.8M

32avg. employees

Tax at Year End

Corp tax£238k

Balance Sheet

Intangible assets£4k
Bank loans & overdrafts£26k
Assets less current liabilities£3.4M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20244.33+£766k
20233.16-£222k
20223.16-£440k
20212.86+£662k
20202.52+£503k
20192.71+£309k
20182.12

Derived from filed accounts. Not audited figures.