konvergent ltd
konvergent ltd Company Information
Company Number
08381628
Next Accounts
Dec 2025
Directors
Shareholders
konvergent holdings limited
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
+1Registered Address
c/o flb accountants llp, 1010 eskdale road, wokingham, RG41 5TS
Website
www.konvergent.co.ukkonvergent ltd Estimated Valuation
Pomanda estimates the enterprise value of KONVERGENT LTD at £2.2m based on a Turnover of £3.6m and 0.61x industry multiple (adjusted for size and gross margin).
konvergent ltd Estimated Valuation
Pomanda estimates the enterprise value of KONVERGENT LTD at £0 based on an EBITDA of £-639.1k and a 4.69x industry multiple (adjusted for size and gross margin).
konvergent ltd Estimated Valuation
Pomanda estimates the enterprise value of KONVERGENT LTD at £1.7m based on Net Assets of £706k and 2.45x industry multiple (adjusted for liquidity).
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Konvergent Ltd Overview
Konvergent Ltd is a live company located in wokingham, RG41 5TS with a Companies House number of 08381628. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2013, it's largest shareholder is konvergent holdings limited with a 100% stake. Konvergent Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.
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Konvergent Ltd Health Check
Pomanda's financial health check has awarded Konvergent Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £3.6m, make it larger than the average company (£892.5k)
- Konvergent Ltd
£892.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (10%)
- Konvergent Ltd
10% - Industry AVG
Production
with a gross margin of 50.9%, this company has a comparable cost of product (50.9%)
- Konvergent Ltd
50.9% - Industry AVG
Profitability
an operating margin of -18.2% make it less profitable than the average company (7.2%)
- Konvergent Ltd
7.2% - Industry AVG
Employees
with 15 employees, this is above the industry average (8)
15 - Konvergent Ltd
8 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has an equivalent pay structure (£54.4k)
- Konvergent Ltd
£54.4k - Industry AVG
Efficiency
resulting in sales per employee of £238.7k, this is more efficient (£123.8k)
- Konvergent Ltd
£123.8k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (62 days)
- Konvergent Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (26 days)
- Konvergent Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Konvergent Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (22 weeks)
37 weeks - Konvergent Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.2%, this is a lower level of debt than the average (54.1%)
47.2% - Konvergent Ltd
54.1% - Industry AVG
KONVERGENT LTD financials
Konvergent Ltd's latest turnover from March 2024 is estimated at £3.6 million and the company has net assets of £706 thousand. According to their latest financial statements, Konvergent Ltd has 15 employees and maintains cash reserves of £454.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 15 | 20 | 15 | 10 | 6 | 4 | 6 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,901 | 15,223 | 14,490 | 15,783 | 22,574 | 20,428 | 24,783 | 9,879 | 2,220 | 1,771 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 32,901 | 15,223 | 14,490 | 15,783 | 22,574 | 20,428 | 24,783 | 9,879 | 2,220 | 1,771 | |
| Stock & work in progress | |||||||||||
| Trade Debtors | 827,168 | 1,092,861 | 1,257,430 | 658,648 | 1,449,421 | 1,472,201 | 1,797,679 | 795,758 | 316,380 | 75,393 | 3,080 |
| Group Debtors | 16,739 | 257,747 | 230,918 | 119,406 | |||||||
| Misc Debtors | 5,360 | 172,985 | 58,362 | 17,512 | 51,704 | 26,434 | 21,942 | 406,345 | 10,000 | ||
| Cash | 454,313 | 366,322 | 586,251 | 1,018,968 | 261,629 | 167,011 | 219,392 | 201,113 | 160,311 | 47,771 | 2,758 |
| misc current assets | |||||||||||
| total current assets | 1,303,580 | 1,889,915 | 2,132,961 | 1,814,534 | 1,762,754 | 1,665,646 | 2,039,013 | 1,403,216 | 486,691 | 123,164 | 5,838 |
| total assets | 1,336,481 | 1,905,138 | 2,147,451 | 1,830,317 | 1,785,328 | 1,686,074 | 2,063,796 | 1,413,095 | 488,911 | 124,935 | 5,838 |
| Bank overdraft | 460,857 | ||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 444,974 | 306,121 | 485,296 | 349,773 | 456,797 | 397,866 | 537,554 | 447,426 | 148,362 | 39,937 | 2,992 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 157,850 | 53,564 | |||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 177,623 | 260,283 | 251,322 | 205,172 | 256,905 | 208,781 | 944,125 | 367,625 | |||
| total current liabilities | 622,597 | 566,404 | 736,618 | 554,945 | 713,702 | 1,067,504 | 1,481,679 | 815,051 | 306,212 | 93,501 | 2,992 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 7,908 | 2,514 | 591 | ||||||||
| total long term liabilities | 7,908 | 2,514 | 591 | ||||||||
| total liabilities | 630,505 | 568,918 | 736,618 | 554,945 | 713,702 | 1,067,504 | 1,481,679 | 815,642 | 306,212 | 93,501 | 2,992 |
| net assets | 705,976 | 1,336,220 | 1,410,833 | 1,275,372 | 1,071,626 | 618,570 | 582,117 | 597,453 | 182,699 | 31,434 | 2,846 |
| total shareholders funds | 705,976 | 1,336,220 | 1,410,833 | 1,275,372 | 1,071,626 | 618,570 | 582,117 | 597,453 | 182,699 | 31,434 | 2,846 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 12,665 | 11,192 | 12,358 | 9,589 | 8,508 | 6,103 | 4,653 | 1,781 | 834 | 93 | |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -674,326 | -23,117 | 751,144 | -705,559 | 2,490 | -320,986 | 617,518 | 1,202,103 | 250,987 | 75,393 | 3,080 |
| Creditors | 138,853 | -179,175 | 135,523 | -107,024 | 58,931 | -139,688 | 90,128 | 447,426 | 108,425 | 39,937 | 2,992 |
| Accruals and Deferred Income | -82,660 | 8,961 | 46,150 | -51,733 | 48,124 | -735,344 | 576,500 | 367,625 | |||
| Deferred Taxes & Provisions | 5,394 | 2,514 | -591 | 591 | |||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | 104,286 | 53,564 | |||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 87,991 | -219,929 | -432,717 | 757,339 | 94,618 | -52,381 | 18,279 | 201,113 | 112,540 | 47,771 | 2,758 |
| overdraft | -460,857 | 460,857 | |||||||||
| change in cash | 87,991 | -219,929 | -432,717 | 757,339 | 555,475 | -513,238 | 18,279 | 201,113 | 112,540 | 47,771 | 2,758 |
konvergent ltd Credit Report and Business Information
Konvergent Ltd Competitor Analysis
Perform a competitor analysis for konvergent ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in RG41 area or any other competitors across 12 key performance metrics.
konvergent ltd Ownership
KONVERGENT LTD group structure
Konvergent Ltd has no subsidiary companies.
konvergent ltd directors
Konvergent Ltd currently has 1 director, Mr Ben Clark serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ben Clark | United Kingdom | 46 years | Jan 2016 | - | Director |
P&L
March 2024turnover
3.6m
-12%
operating profit
-651.8k
0%
gross margin
51%
-3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
706k
-0.47%
total assets
1.3m
-0.3%
cash
454.3k
+0.24%
net assets
Total assets minus all liabilities
konvergent ltd company details
company number
08381628
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
62020 - Computer consultancy activities
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
etherington-smith ltd (October 2015)
integral architecture people ltd (September 2013)
accountant
FLB ACCOUNTANTS LLP
auditor
-
address
c/o flb accountants llp, 1010 eskdale road, wokingham, RG41 5TS
Bank
-
Legal Advisor
-
konvergent ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to konvergent ltd.
konvergent ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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konvergent ltd Companies House Filings - See Documents
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