Connectwise Ltd

Connectwise Ltd, based in Halesowen, UK, is a sizable holding company with an active status, having been established 17 years ago. Employing 93 people, the company manages assets totaling £21,268,228 and generates a yearly revenue of £30,379,358. While it has a registered address, sixty-nine companies share the same location, raising questions about its virtual nature. The company is led by two directors and has one owner, with a stellar 5.0 Google rating based on 15 reviews. Connectwise Ltd regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation in May 2023, and exports these items irregularly, with the last export operation in January 2025.

The company's website paints a picture of a technology provider specializing in business management and cybersecurity solutions for managed service providers (MSPs). It offers a comprehensive suite of products, including professional services automation (PSA), quote and proposal automation, KPI dashboards, and cybersecurity tools. The site highlights integrated solutions, a platform called Asio, and a focus on automation and generative AI through Sidekick. It’s clear the company isn’s just selling software; it’s offering a complete ecosystem designed to streamline MSP operations. The website's content is extensive, with a roadmap of product innovations and a strong emphasis on partnerships and integrations.

Financially, Connectwise Ltd's recent performance shows some concerning trends. While turnover remained steady, net assets decreased by 21%, falling to £3.3 million. Bank borrowings increased significantly, rising by 1,000% to £29,000, and cash reserves declined by 58%, dropping to £7.6 million. Creditors, however, decreased by 32%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and a 14% increase in employees to 110 indicate growth, but the sharp decline in equity warrants further scrutiny. The company’s auditor, Michael Dufty Partnership Ltd, hasn’t been mentioned, likely due to the company’s size.

Overall, Connectwise Ltd appears to be a growing technology provider facing some financial headwinds. While its product offerings and strong online presence suggest a solid foundation, the decrease in equity and increased borrowing costs could present challenges in the future.

Registered in England/Wales under the registration number 06517178, with a registered address at B63 3HR, United Kingdom, Halesowen, West Midlands, C/O Blythe Phillips, 8/9 Earls Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.