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Convert Commerce Limited

12026205

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

26 BERTAL ROAD, LONDON, SW17 0BX
Incorporated 31/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Patrick Schaeffler

director · Since 31/05/2019

CONSULTANT

GERMAN · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Patrick Schaeffler

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

German · United Kingdom · Age 43

26, Bertal Road, London, SW17 0BX

Notified 31/05/2019

CompanyRankvs 9153+ SIC 62012 peers
71

Financial strength89th percentile among SIC peers · 22/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 9.19× · 20/20
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 strength22/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/05/2026

Net Worth

£132k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£90k

Current Liabilities

£10k

Fixed Assets

£51k

Debtors

£24k

1avg. employees

Balance Sheet

Assets less current liabilities£132k
Signed by Mr Patrick Schaeffler 07/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20269.19-£9k
202513.17+£42k
20244.68+£18k
20233.27

Derived from filed accounts. Not audited figures.