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Connecting Commerce Limited

07895738

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BIRCHES CORNER, TAUNTON, TA1 2LP
Incorporated 03/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Adam James Sharpe

director · Since 13/08/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Persons with Significant Control

Cardstream Holdings Limited

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

Birches Corner, Heron Gate, Taunton, TA1 2LP

Reg: 10896819 · United Kingdom · Limited

Notified 19/02/2024

Former PSCs

Mr Robert Sharpe

Ceased 13/08/2017

Mr Adam Sharpe

Ceased 19/02/2024

CompanyRankvs 6980+ SIC 63110 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6980Connecting Commerce Limited
38
How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 pts

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

Liquidity2/20 pts

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

Longevity14/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

-£615k

Balance sheet strength

Cash

£308

Cash in the bank

Net Current Assets

-£616k

Working capital

Current Assets

£53k

Current Liabilities

£669k

Fixed Assets

£862

Debtors

£53k

1avg. employees

Balance Sheet

Intangible assets£862
Assets less current liabilities-£615k
Signed by Mr A Sharpe,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£332k
20230.01—

Derived from filed accounts. Not audited figures.