Technocover Ltd.
02845757
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/09/2025
Due 18/09/2026
Industry
Officers
secretary · Since 15/06/2021
Former
director · Resigned 09/07/2015
director · Resigned 13/07/2016
secretary · Resigned 13/07/2016
director · Resigned 13/07/2016
director · Resigned 01/08/2018
director · Resigned 01/08/2018
director · Resigned 01/08/2019
director · Resigned 11/12/2020
secretary · Resigned 15/06/2021
director · Resigned 15/06/2021
director · Resigned 14/07/2021
director · Resigned 22/12/2021
director · Resigned 19/05/2022
director · Resigned 30/10/2023
director · Resigned 25/10/2024
Persons with Significant Control
Threesixty Investco 4 Limited
Technocover Ltd, Henfaes Lane, Welshpool, SY21 7BE
Reg: 13430299 · Companies House · Company
Notified 15/06/2021
Former PSCs
Hill & Smith Holdings Plc
Ceased 27/09/2019
Hill & Smith Holdings Plc
Ceased 27/09/2019
Atg Access Ltd
Ceased 15/06/2021
Charges3 outstanding
ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED
THREESIXTY HOLDCO 4 LIMITED
ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED
Change History
Active
Private Limited Company
TECHNOCOVER LTD
WELSHPOOL
CompanyRankvs 108+ SIC 25990 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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£12.8M
Annual revenue
Net Worth
£2.3M
Balance sheet strength
Cash
£99k
Cash in the bank
Profit Before Tax
£981k
Bottom line earnings
Net Current Assets
£2.6M
Working capital
Current Assets
£5.0M
Current Liabilities
£2.4M
Fixed Assets
£841k
Debtors
£4.1M
Cost of Sales
£7.2M
Gross Profit
£5.6M
Admin Expenses
£3.2M
Operating Profit
£1.1M
Profit After Tax
£736k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.07 | +£386k |
| 2023 | 1.78 | — |
Derived from filed accounts. Not audited figures.