Back to search

Convert Energy Ltd

09350129

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CONVERT ENERGY LTD, 22C BARTON BUSINESS PARK, CANTERBURY, CT1 3AA
Incorporated 11/12/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
46740
Wholesale of hardware, plumbing and heating equipment and supplies
71122
Engineering related scientific and technical consulting activities

Officers

Mr David James Browne

director · Since 18/12/2015

MANAGING DIRECTOR

IRISH · ENGLAND · Age 40

Mr Ben Glancy

director · Since 12/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr David James Browne

75–100% shares

Irish · England · Age 40

Convert Energy Ltd, 22c, Barton Business Park, Canterbury, CT1 3AA

Notified 06/04/2016

Mr Ben Glancy

Significant control

British · England · Age 45

Convert Energy Ltd, 22c, Barton Business Park, Canterbury, CT1 3AA

Notified 10/12/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/02/2021Registered 10/02/2021

CompanyRankvs 1590+ SIC 43210 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 41.49× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£426k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

£357k

Working capital

Current Assets

£366k

Current Liabilities

£9k

Fixed Assets

£91k

Debtors

£225k

10avg. employees

Tax at Year End(2023)

VAT£223k

Balance Sheet

Assets less current liabilities£449k
Signed by Mr David Browne 14/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202541.49+£34k
202419.49-£79k
20234.61£4.5M

Derived from filed accounts. Not audited figures.