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Covered Buckles Limited

02932906

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

181 Forest Road Upper Rear Floor, Behind Sn Auto, Ilford, IG6 3HZ
Incorporated 25/05/1994

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

14190
Manufacture of other wearing apparel and accessories
46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet

Officers

Ramesh Patel

secretary · Since 30/04/1996

BRITISH

Mr Ramesh Patel

director · Since 01/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Ramesh Patel

secretary · Since 30/04/1996

British

Ramesh Patel

director · Since 01/12/2019

British · England · Age 50

Former

Elk (Nominees) Limited

corporate nominee director · Resigned 25/05/1994

Elk Company Secretaries Limited

corporate nominee secretary · Resigned 25/05/1994

Radha Nitin Patel

secretary · Resigned 30/04/1996

Ashok Patel

director · Resigned 01/06/1998

Jagdish Patel

director · Resigned 01/02/2001

Manji Patel

director · Resigned 01/12/2019

Persons with Significant Control

Mr Ramesh Patel

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

67, Strone Road, London, E7 8EX

Notified 06/04/2016

Former PSCs

Mr Manji Bhai Patel

Ceased 01/12/2019

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2012Registered 30/03/2012

Change History

status → active
2026-07-22

Active

type → ltd
2026-07-22

Private Limited Company

address line1 → 181 Forest Road Upper Rear Floor
2026-07-22

181 FOREST ROAD UPPER REAR FLOOR

post town → Ilford
2026-07-22

ILFORD

officer appointed → PATEL, Ramesh
2026-07-22
officer appointed → PATEL, Ramesh
2026-07-22

CompanyRankvs 987+ SIC 14190 peers
50

Financial strength41th percentile among SIC peers · 10/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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987Covered Buckles Limited
56
How is this score calculated?
Financial strength10/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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 31/05/2025

Net Worth

£2

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£408k

Current Liabilities

£439k

Fixed Assets

£610

Debtors

£20k

5avg. employees+1

Balance Sheet

Assets less current liabilities-£31k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93—
20241.44-£87k
20232.36—

Derived from filed accounts. Not audited figures.