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Converged It Ltd

11859040

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

8 GROVELANDS BUSINESS CENTRE, HEMEL HEMPSTEAD, HP2 7TE
Incorporated 04/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
63990
Other information service activities

Officers

Mr William Nigel Prendergast

secretary · Since 31/01/2022

Mr Clive Atkins

director · Since 01/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mr Paul Stuart Toms

director · Since 01/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 11 other boards

Persons with Significant Control

Mxlg Intermediate Holdings Limited

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

The Walbrook Building, 25 Walbrook, London, EC4N 8AF

Reg: 11191061 · Registrar Of Companies In England And Wales · Private Company Limited By Shares

Notified 31/01/2022

Former PSCs

Mr Paul Michael Sexton

Ceased 29/05/2019

Mrs Victoria Louise Sexton

Ceased 31/01/2022

Mrs Rebecca Louise Moseby

Ceased 31/01/2022

Mrs Sarah Jane Anderson

Ceased 31/01/2022

Mr Sean David Moseby

Ceased 27/01/2022

Mr Antony Peter Anderson

Ceased 27/01/2022

Mr Paul Michael Sexton

Ceased 27/01/2022

CompanyRankvs 17152+ SIC 62020 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/03/2021

Net Worth

£350k

Balance sheet strength

Cash

£688k

Cash in the bank

Net Current Assets

£330k

Working capital

Current Assets

£924k

Current Liabilities

£593k

Fixed Assets

£20k

Debtors

£235k

4avg. employees
Signed by 11859040 2020-04-01 2021-03-31 11859040 2021-03-31 11859040 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2021-03-31 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20211.56+£330k
20201.02

Derived from filed accounts. Not audited figures.