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Connectwise Ltd

06517178

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

C/O BLYTHE PHILLIPS, HALESOWEN, B63 3HR
Incorporated 28/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Josh Poe

secretary · Since 27/01/2017

Mr Joshua Bergeron

director · Since 01/09/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 43

Also on 2 other boards

Persons with Significant Control

Connectwise Llc

75–100% shares

400, N. Tampa Street, Tampa, 33602

Notified 28/02/2019

Former PSCs

Mr Arnold Bellini

Ceased 28/02/2019

CompanyRankvs 2056+ SIC 62012 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2056Connectwise Ltd
82
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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/12/2024

Turnover

£41.9M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£18.2M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£4.0M

Working capital

Current Assets

£34.0M

Current Liabilities

£30.0M

Fixed Assets

£325k

Debtors

£15.8M

Cost of Sales

£26.6M

Gross Profit

£15.3M

Admin Expenses

£14.6M

Operating Profit

£694k

Profit After Tax

£846k

107avg. employees+1

Tax at Year End

Corp tax£138k

People Costs

Wages & salaries£8.9M
NI contributions£1.0M

Balance Sheet

Intangible assets£37k
Assets less current liabilities£4.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13+£846k
20231.19+£564k
20221.11+£470k
20211.22+£396k
20201.20+£380k
20191.17+£262k
20181.24—

Derived from filed accounts. Not audited figures.