CONVERGENCE (GROUP NETWORKS) LIMITED
UnknownCompany number03815417
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
98%Top 3 buyers account for 98% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
93%Largest buyer (YPO) represents 93% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowMedium risk
4 in 24mo4 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
4 in 24mo4 new buying relationships in last 24 months
Buyer breakdown11 buyers
Total buyers11
Top 5 concentration99%
Returning buyers7
New buyers (24 mo)4
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£21m
Contracts18
Buyers11
Contract patterns
Avg contract value£1m
Avg duration2yr 4mo
Renewal rate27%
Total contracts18
Awards by year
12020£20m
22023£308k
62024£635k
12025£189k
12026£309k