CONVERA UK LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +2.8%

  £135,545,339 → £139,316,738

• Cash

  -13.2%

  £131,593,033 → £114,237,123

• Net assets

  -4.8%

  £54,326,830 → £51,716,379

• Employees

  -21.3%

  178 → 140

• Operating profit

  -140.2%

  £11,290,274 → -£4,537,639

• Profit before tax

  -123.2%

  £11,430,067 → -£2,656,051

• Wages

  -6.8%

  £10,716,155 → £9,988,787

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CONVERA UK LIMITED 2023-07-27 → present
2. CUSTOM HOUSE FINANCIAL (UK) LTD 2006-08-02 → 2023-07-27
3. CUSTOM HOUSE CURRENCY EXCHANGE (UK) LIMITED 2002-05-30 → 2006-08-02
4. ALNERY NO.2245 LIMITED 2002-02-22 → 2002-05-30

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Convera Topco Limited has the intent and ability to continue to provide adequate funding, as necessary, including ongoing operating funds, capital, or other assistance to the Company in the foreseeable future but at least for one year from the date of approval of these financial statements.”

Significant events

• “During 2021, The Western Union Company ("TWUC"), the former ultimate parent of the Company, agreed to sell the entire Western Union Business Solutions business, including the Company to Goldfinch Partners LLC and The Baupost Group LLC for cash consideration of $910 million, subject to regulatory and working capital adjustments, which occurred in multiple closings. The first closing, which included the Company, occurred on March 1, 2022 and are now trading under the Convera brand, with final closings that occurred in December 31st, 2022 and July 1st, 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.