UK Companies House feature
CONVENET LTD
Cash
£474K
+304.4% vs 2023
Net assets
-£4M
-96.5% vs 2023
Employees
6
+20% vs 2023
Profit before tax
-£2M
-4.6% vs 2023
Profile
- Company number
- 12921479
- Status
- Active
- Incorporation
- 2020-10-02
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-10-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | -£1,928,832 | -£2,018,449 | |
| Net profit | — | — | -£1,928,832 | -£2,018,449 | |
| Cash | £29,414 | £43,657 | £117,317 | £474,463 | |
| Total assets less current liabilities | — | -£163,093 | -£2,091,925 | -£4,110,374 | |
| Net assets | -£26,336 | -£163,093 | -£2,091,925 | -£4,110,374 | |
| Equity | -£26,336 | — | -£2,091,925 | -£4,110,374 | |
| Average employees | 2 | 2 | 5 | 6 | |
| Wages | — | — | £530,285 | £814,150 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte Ireland LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMBRESTER, Kyle | Director | 2024-10-23 | Feb 1985 | American |
| SASSALI, Nicolas | Director | 2024-02-16 | Oct 1980 | American |
| STALMACK, Kathryn, Ms. | Director | 2024-02-16 | Jun 1976 | American |
| WILLIAMS, Jennifer | Director | 2025-06-13 | Dec 1976 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Ambrose Robert | Director | 2022-08-26 | 2023-04-23 |
| BAILEY, Andrew Vincent | Director | 2020-10-02 | 2022-08-26 |
| BURWELL, Michael | Director | 2022-08-26 | 2022-10-31 |
| GARCIA, Jose | Director | 2023-01-18 | 2025-06-13 |
| GARCIA, Jose | Director | 2023-01-14 | 2023-01-14 |
| LAWLOR, Susan | Director | 2023-05-30 | 2024-02-16 |
| MAY, Travis | Director | 2022-08-26 | 2022-12-31 |
| TURNER, Christopher James | Director | 2023-01-18 | 2024-04-09 |
| TURNER, Christopher James | Director | 2023-01-14 | 2023-01-14 |
| TURNER, Christopher James | Director | 2020-10-02 | 2022-08-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Steven Bruce Klinsky | Individual | Significant influence | 2022-08-26 | Active |
| Mr Andrew Vincent Bailey | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-10-02 | Ceased 2022-08-26 |
| Mr Christopher James Turner | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-10-02 | Ceased 2022-08-26 |
Filing timeline
Last 20 of 47 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-23 | AA | accounts | accounts with accounts type full |
| 2025-10-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-20 | AP01 | officers | appoint person director company with name date |
| 2025-10-20 | TM01 | officers | termination director company with name termination date |
| 2024-10-24 | AP01 | officers | appoint person director company with name date |
| 2024-10-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-26 | AA | accounts | accounts with accounts type total exemption full |
| 2024-04-11 | TM01 | officers | termination director company with name termination date |
| 2024-02-20 | TM01 | officers | termination director company with name termination date |
| 2024-02-20 | AP01 | officers | appoint person director company with name date |
| 2024-02-19 | AP01 | officers | appoint person director company with name date |
| 2023-10-24 | AA | accounts | accounts with accounts type total exemption full |
| 2023-10-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-08-14 | AP01 | officers | appoint person director company with name date |
| 2023-08-14 | TM01 | officers | termination director company with name termination date |
| 2023-05-24 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-05-24 | CH01 | officers | change person director company with change date |
| 2023-05-24 | CH01 | officers | change person director company with change date |
| 2023-05-24 | CH01 | officers | change person director company with change date |
| 2023-05-24 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-78.09
DISTRESS
Altman Z″
- Working capital / Total assets -7.832 × 6.56 = -51.38
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -3.837 × 6.72 = -25.78
- Book equity / Total liabilities -0.887 × 1.05 = -0.93
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
28.8
COLD
/ 100
- Filings velocity 33
- Capital events 0
- Officer churn 50
- Headcount trajectory 70
- Accounts trajectory 0
- 4 filing(s) in last 12 months
- 1 appointed, 1 resigned (12mo)
- Employees +20% YoY
- Net Assets -96% YoY