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Converse360 Limited

11483711

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

INNOVATION HOUSE, WOKINGHAM, RG41 2RX
Incorporated 25/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Michael Richard Revell

director · Since 25/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mr Richard Brown

director · Since 03/05/2019

NONE

BRITISH · UNITED KINGDOM · Age 58

Mr Mujtiba Raza Rizvi

director · Since 03/05/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Former PSCs

Mr Michael Richard Revell

Ceased 03/05/2019

CompanyRankvs 40357+ SIC 62090 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity8/15 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 31/12/2024

Net Worth

-£386k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£238k

Working capital

Current Assets

£98k

Current Liabilities

£358k

Fixed Assets

£278

8avg. employees+2

Balance Sheet

Assets less current liabilities-£238k
Signed by Mr Richard Brown 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27-£127k
20230.48-£37k
20220.57-£66k
20210.62-£66k
20201.40
20190.41

Derived from filed accounts. Not audited figures.