Convelio Ltd
- Active
- Small
- 7 years
- 0 employees
- £4,200,590 (cur assets)
- 1m-15m
- Irregular importer
- Regular exporter
- Virtual address
- 2 directors
- 2 owners
- London
- Rating 5.0 (54)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Convelio Ltd, based in London, UK, is a holding company with an active status, established six years ago in June 2018. The company employs 33 people and holds assets totaling £1,110,191. While it has a registered address, it’s likely a virtual one, as 271 companies share the same location. Two directors and two owners manage the business, and it boasts a stellar Google rating of 5.0 based on 54 reviews. Convelio is an irregular importer of art and antiques, with just one month of imports recorded, and a regular exporter, with six months of export activity.
The company’s website suggests a service-oriented platform, requiring users to update their browsers and enable JavaScript. This indicates a digital-first approach, likely facilitating transactions or providing access to a platform for art logistics. It's not clear if the company is e-commerce, but the website’s focus on browser compatibility points to a digital service.
Financially, Convelio Ltd presents a mixed picture. While current assets decreased by 16% to £1,100,000, net assets plunged 73% to -£1,500,000. Bank borrowings increased by 520%, reaching £2,100,000, and cash reserves fell 18% to £290,000. Creditors also increased significantly by 90%, reaching £4,000,000. The company’s administrative expenses rose by 35% to £2,500,000. The decrease in average employees during the period, from 33 to 27, could be a result of restructuring or cost-cutting measures. The lack of an auditor mentioned suggests the company is exempt as a small company.
The sharp decline in equity is a concern, and the increase in borrowings suggests the company is relying on external financing. However, the continued export activity and positive Google rating indicate a functioning business. The company’s focus on art and antiques, coupled with its holding company structure, suggests a complex operation potentially involving multiple subsidiaries or partnerships.
Registered in England/Wales under the registration number 11392892, with a registered address at WC2R 0EX, United Kingdom, London, 7 Savoy Court.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 7 years
- psc
-
Resident of Switzerland
-
Individual
- 7 years
- psc
-
Resident of France
Managers
-
Individual
- 7 years
-
Resident of France
-
Individual
- 7 years
-
Resident of Switzerland
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 9 pages pdf report
-
Confirmation statement made on 2025-05-31 with no updatesDownload 3 pages pdf report
-
Change of details for Clement Ouizille as a person with significant control on 2025-05-29Download 2 pages pdf report
Convelio Ltd controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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