Back to search

Loweconex Group Limited

10947646

active
ltd
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

Floor 2, Regus North Warehouse, Gloucester Docks, Gloucester, GL1 2ES
Incorporated 05/09/2017

Previously known as

Spherica Systems Limited · until 17/08/2022

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

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 40

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

Ian Lowry

director · Since 17/09/2021

British · Northern Ireland · Age 40

Rachel Mccausland

director · Since 28/03/2022

British · Northern Ireland · Age 41

Colin Nigel Dowds

director · Since 01/04/2024

British · Northern Ireland · Age 40

Former

Garry Turner-Smith

director · Resigned 28/03/2022

Paul Lavery

director · Resigned 28/03/2022

Andrew John Skelton

director · Resigned 28/09/2023

Neil William Gamble

director · Resigned 31/03/2024

Fergus Mcilduff

director · Resigned 03/05/2024

Chris John Dodman

director · Resigned 10/08/2024

Rodney Lowry

director · Resigned 28/01/2026

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

PSC Statements

No active PSC statements on record.

Charges1 outstanding

A registered charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 24/06/2026Registered 25/06/2026
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

Change History

officer appointedDOWDS, Colin Nigel
2026-08-26
officer appointedLOWRY, Ian
2026-08-26
officer appointedMCCAUSLAND, Rachel
2026-08-26
statusactive
2026-08-26

Active

typeltd
2026-08-26

Private Limited Company

address line1Floor 2, Regus North Warehouse
2026-08-26

FLOOR 2, REGUS, NORTH WAREHOUSE

post townGloucester
2026-08-26

GLOUCESTER

postcodeGL1 2ES
2026-08-26

GL1 2FB

CompanyRankvs 26102+ SIC 62012 peers
40

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
Outstanding charges -10
Show leaderboard
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.

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 31/08/2021

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

Derived from filed accounts. Not audited figures.

Filing History71 filings

SH08

capital name of class of shares

13/08/20262 pages · PDF
MA

memorandum articles

13/08/202648 pages · PDF
RESOLUTIONS

resolution

13/08/20263 pages · PDF
AAMD

accounts amended with accounts type small

07/08/202617 pages · PDF
RP01SH01

legacy

06/08/20264 pages · PDF
Shares allotted

capital allotment shares

04/08/20264 pages · PDF
Address changed

change registered office address company with date old address new address

29/07/20261 page · PDF
MR01

mortgage create with deed with charge number charge creation date

25/06/202616 pages · PDF
Accounts filed

accounts with accounts type full

07/06/202628 pages · PDF
MR04

mortgage satisfy charge full

05/03/20264 pages · PDF
MR04

mortgage satisfy charge full

05/03/20264 pages · PDF
MR04

mortgage satisfy charge full

05/03/20264 pages · PDF
Address changed

change registered office address company with date old address new address

04/03/20261 page · PDF
Director resigned

termination director company with name termination date

03/02/20261 page · PDF
Confirmation statement

confirmation statement with no updates

29/09/20253 pages · PDF
Confirmation statement

confirmation statement with no updates

23/09/20253 pages · PDF
Accounts filed

accounts with accounts type audited abridged

03/09/202517 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

27/06/202564 pages · PDF
Director resigned

termination director company with name termination date

23/09/20241 page · PDF
Confirmation statement

confirmation statement with no updates

23/09/20243 pages · PDF
Confirmation statement

confirmation statement with no updates

19/09/20243 pages · PDF
Accounts filed

accounts with accounts type audited abridged

13/09/202416 pages · PDF
Director resigned

termination director company with name termination date

21/05/20241 page · PDF
Director appointed

appoint person director company with name date

09/04/20242 pages · PDF
Director resigned

termination director company with name termination date

09/04/20241 page · PDF
Director resigned

termination director company with name termination date

23/11/20231 page · PDF
Confirmation statement

confirmation statement with no updates

19/09/20233 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

15/09/202360 pages · PDF
Accounts filed

accounts with accounts type audited abridged

09/08/202317 pages · PDF
PSC05

change to a person with significant control

05/07/20232 pages · PDF
Confirmation statement

confirmation statement with no updates

11/10/20223 pages · PDF
Confirmation statement

confirmation statement with no updates

21/09/20223 pages · PDF
CERTNM

certificate change of name company

17/08/20223 pages · PDF
Accounts date changed

change account reference date company current extended

01/07/20221 page · PDF
Accounts filed

accounts with accounts type total exemption full

17/06/20228 pages · PDF
Director details changed

change person director company with change date

15/06/20222 pages · PDF
Director details changed

change person director company with change date

14/06/20222 pages · PDF
Director resigned

termination director company with name termination date

14/06/20221 page · PDF
Director appointed

appoint person director company with name date

07/06/20222 pages · PDF
Director appointed

appoint person director company with name date

24/05/20222 pages · PDF
Director appointed

appoint person director company with name date

24/05/20222 pages · PDF
Accounts date changed

change account reference date company previous shortened

28/04/20221 page · PDF
Director resigned

termination director company with name termination date

04/04/20221 page · PDF
Address changed

change registered office address company with date old address new address

21/02/20221 page · PDF
Address changed

change registered office address company with date old address new address

15/02/20221 page · PDF
MR01

mortgage create with deed with charge number charge creation date

22/12/202117 pages · PDF
Confirmation statement

confirmation statement with updates

06/10/20214 pages · PDF
MA

memorandum articles

22/09/202128 pages · PDF
RESOLUTIONS

resolution

22/09/20213 pages · PDF
Director appointed

appoint person director company with name date

21/09/20212 pages · PDF
Address changed

change registered office address company with date old address new address

17/09/20211 page · PDF
Director appointed

appoint person director company with name date

17/09/20212 pages · PDF
PSC02

notification of a person with significant control

17/09/20212 pages · PDF
PSC07

cessation of a person with significant control

17/09/20211 page · PDF
PSC07

cessation of a person with significant control

17/09/20211 page · PDF
Director appointed

appoint person director company with name date

17/09/20212 pages · PDF
PSC07

cessation of a person with significant control

17/09/20211 page · PDF
PSC02

notification of a person with significant control

01/07/20212 pages · PDF
PSC notified

notification of a person with significant control

01/07/20212 pages · PDF
PSC notified

notification of a person with significant control

01/07/20212 pages · PDF
PSC withdrawn

withdrawal of a person with significant control statement

01/07/20212 pages · PDF
Accounts filed

accounts with accounts type total exemption full

08/02/20218 pages · PDF
Confirmation statement

confirmation statement with no updates

16/10/20203 pages · PDF
Accounts filed

accounts with accounts type total exemption full

06/02/20207 pages · PDF
Confirmation statement

confirmation statement with no updates

16/10/20193 pages · PDF
Accounts filed

accounts with accounts type total exemption full

13/09/20199 pages · PDF
Accounts date changed

change account reference date company previous shortened

27/03/20191 page · PDF
Accounts filed

accounts with accounts type total exemption full

21/12/20188 pages · PDF
Accounts date changed

change account reference date company previous shortened

24/10/20181 page · PDF
Confirmation statement

confirmation statement with updates

17/09/20184 pages · PDF
Incorporated

incorporation company

05/09/201710 pages · PDF