Converge Technology Solutions UK Limited
Registered name: CONVERGE TECHNOLOGY SOLUTIONS UK LIMITED
Part of Inspirit Management Limited groupConverge Technology Solutions UK Limited made a £456k loss in the year to 31 Dec 2023 (revenue not disclosed).
Converge Technology Solutions UK Limited reported a loss of £456k in the year to 31 Dec 2023; its revenue was not disclosed. It had 0 employees. The company is classified under “other service activities” and is based in Stafford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Stafford, West Midlands
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 6 Sep 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | No P&L | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit before tax | — | −£456k |
| Profit after tax | — | −£456k |
| Profit (best available) | — | −£456k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | — |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £80 |
| Net assets | £0 | £43.7m |
| Fixed assets | — | £55.6m |
| Current assets | — | £644k |
| Debtors | — | £643k |
| Deferred income | — | £8k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £43.7m
- Cash at bank
- —
- Now £80
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £8k
- Fixed assets
- —
- Now £55.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Inspirit Management Limitedultimate parent75–100%
- Inspirit Number Two Limited50–75%
- Inspirit II GP LLP75–100%
- Solar 26 Topco Limited75–100%
- Solar 26 Midco Limited75–100%
- Solar 26 Bidco Limited75–100%
- Converge Technology Solutions Holdings UK Limited75–100%
- Converge Technology Solutions UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Stone Technologies Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£456k), from the Companies House accounts bulk data published Jun 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.