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Convenet Ltd

12921479

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/- ADAUXI LTD B4 PARKSIDE KNOWLEDGE GATEWAY, COLCHESTER, CO4 3ZL
Incorporated 02/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Nicolas Sassali

director · Since 16/02/2024

C.P.A., ATTORNEY

AMERICAN · UNITED STATES · Age 45

Ms. Kathryn Stalmack

director · Since 16/02/2024

CHIEF LEGAL OFFICER

AMERICAN · UNITED STATES · Age 50

Mr Kyle Armbrester

director · Since 23/10/2024

CHIEF EXECUTIVE OFFICER

AMERICAN · UNITED STATES · Age 41

Ms Jennifer Williams

director · Since 13/06/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 49

Also on 1 other board

Persons with Significant Control

Mr Steven Bruce Klinsky

Significant control

American · United States · Age 70

B4 Parkside Knowledge Gateway, Nesfield Road, Colchester, CO4 3ZL

Notified 26/08/2022

Former PSCs

Mr Andrew Vincent Bailey

Ceased 26/08/2022

Mr Christopher James Turner

Ceased 26/08/2022

CompanyRankvs 44116+ SIC 62090 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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44116Convenet Ltd
36
How is this score calculated?
Financial strength0/25 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.

Longevity6/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

-£4.1M

Balance sheet strength

Cash

£474k

Cash in the bank

Profit Before Tax

-£2.0M

Bottom line earnings

Net Current Assets

-£4.1M

Working capital

Current Assets

£516k

Current Liabilities

£4.6M

Fixed Assets

£10k

Debtors

£42k

Profit After Tax

-£2.0M

6avg. employees+1

People Costs

Wages & salaries£814k
NI contributions£87k

Balance Sheet

Assets less current liabilities-£4.1M
Signed by 16 February 2024Prepared with FINTAGS

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£2.0M
20230.07—

Derived from filed accounts. Not audited figures.