Back to search

Covercord Limited

02266182

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

34 ELM PARK, STANMORE, HA7 4BJ
Incorporated 09/06/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Ashok Hansraj Patel

secretary · Since 01/08/1999

SALESMAN

BRITISH · UNITED KINGDOM · Age 75

Also on 5 other boards

Mr Ashok Hansraj Patel

director · Since 01/08/1999

SALESMAN

BRITISH · UNITED KINGDOM · Age 75

Also on 5 other boards

Mrs Sumitra Patel

director · Since 01/08/1999

ADMIN CLERK

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Mr Ashok Hansraj Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 75

34, Elm Park, Stanmore, HA7 4BJ

Notified 06/04/2016

Mrs Sumitra Patel

25–50% shares
25–50% votes

British · England · Age 72

34, Elm Park, Stanmore, HA7 4BJ

Notified 06/04/2016

CompanyRankvs 3129+ SIC 46900 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 40.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1William Croxson & Son,Limited
90
2Wightman & Parrish Limited
90
3E.W. King & Co Limited
90
4R.J.Stokes & Co. Limited
90
5Battle,Hayward And Bower,Limited
90
6Accuride International Limited
90
7Rankins Partners Limited
90
8Pritchard Patent Product Co. Limited
90
9Joseph Gleave & Son Limited
90
10James Lister & Sons Limited
90
3129Covercord Limited
76
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£378k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£532k

Working capital

Current Assets

£546k

Current Liabilities

£13k

Fixed Assets

£4k

0avg. employees-2

Balance Sheet

Assets less current liabilities£536k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202540.60+£19k
202413.95+£7k
202345.16+£6k
202210.10+£44k
20219.79+£33k
202014.32+£42k
201920.18—

Derived from filed accounts. Not audited figures.