Convergent Technology Limited
10556915
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2017
SALES DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
director · Since 14/03/2017
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 05/05/2020
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Peter Fewster
British · England · Age 43
24, Old Bond Street, London, W1S 4AP
Notified 24/02/2017
Mr Jody Christian Pawson
British · England · Age 48
19, Morgan Street, London, E3 5AA
Notified 24/02/2017
Former PSCs
Mr Desmond Davis
Ceased 28/02/2017
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 6568+ SIC 62090 peers56
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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
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 31/03/2024
Turnover
£23.6M
Annual revenue
Net Worth
£2.5M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
£910k
Bottom line earnings
Net Current Assets
£2.5M
Working capital
Current Assets
£7.4M
Current Liabilities
£5.0M
Fixed Assets
£151k
Debtors
£6.0M
Cost of Sales
£18.2M
Gross Profit
£5.3M
Admin Expenses
£4.4M
Operating Profit
£902k
Profit After Tax
£913k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.50 | +£234k |
| 2023 | 1.39 | +£725k |
| 2022 | 1.64 | +£738k |
| 2021 | 1.62 | — |
Derived from filed accounts. Not audited figures.