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Loweconex Group Limited

10947646

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)

Details

FLOOR 2, REGUS, NORTH WAREHOUSE, GLOUCESTER, GL1 2FB
Incorporated 05/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Mr Ian Lowry

director · Since 17/09/2021

COO

BRITISH · NORTHERN IRELAND · Age 39

Mrs Rachel Mccausland

director · Since 28/03/2022

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 41

Also on 12 other boards

Mr Colin Nigel Dowds

director · Since 01/04/2024

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 40

Also on 15 other boards

Persons with Significant Control

Lowe P27 Bidco Limited

75–100% shares
75–100% votes
Appoint directors

Pkl, Malvern View Business Park Stella Way, Stella Way, Cheltenham, GL52 7DQ

Reg: 11237647 · United Kingdom · Limited Company

Notified 17/09/2021

Former PSCs

Mr Garry Turner-Smith

Ceased 17/09/2021

Mr Chris John Dodman

Ceased 17/09/2021

Secure Services Limited

Ceased 17/09/2021

Charges0 outstanding

Charge
satisfied

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 25/06/2025Registered 27/06/2025Satisfied 05/03/2026
Charge
satisfied

ARES MANAGEMENT LIMITED (THE “SECURITY AGENT�)

Created 14/09/2023Registered 15/09/2023Satisfied 05/03/2026
Charge
satisfied

ARES MANAGEMENT LIMITED (THE “SECURITY AGENT�)

Created 21/12/2021Registered 22/12/2021Satisfied 05/03/2026

CompanyRankvs 275950+ SIC 62012 peers
50

Financial strength52th percentile among SIC peers · 13/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 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.

Longevity9/15 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 31/08/2021

Net Worth

£1k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£53k

Current Liabilities

£1.5M

Debtors

£42k

2avg. employees

Balance Sheet

Intangible assets£865k
Assets less current liabilities-£618k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20210.03
20200.15
20190.10
20180.16

Derived from filed accounts. Not audited figures.