Covelec Ltd
01653837
Healthy
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/10/2025
small
Next accounts due
31/07/2027
Confirmation statement
Last: 25/03/2026
Due 08/04/2027
Industry
Officers
director · Since 20/07/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Former
secretary · Resigned 20/07/2021
director · Resigned 20/07/2021
director · Resigned 20/07/2021
Persons with Significant Control
Rotamec Holdings Limited
Unit 4 Labourham Farm, Draycott Road, Cheddar, BS27 3RP
Reg: 10728060 · Companies House · Private Limited Company
Notified 20/07/2021
Former PSCs
Mrs Janine Wilson
Ceased 20/07/2021
Mr Peter David Wilson
Ceased 20/07/2021
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LTD
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
UNIT 4 LABOURHAM FARM
CHEDDAR
CompanyRankvs 2690+ SIC 32990 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£338k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£248k
Working capital
Current Assets
£689k
Current Liabilities
£441k
Fixed Assets
£115k
Debtors
£476k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.56 | -£132k |
| 2024 | 2.12 | -£2k |
| 2023 | 1.90 | — |
Derived from filed accounts. Not audited figures.