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Covalec Limited

04093191

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

64 PRINCESS MAY ROAD, N16 8DG
Incorporated 19/10/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
82990
Other business support service activities

Officers

Mr Jonathan Cheifetz

director · Since 07/12/2000

CONTRACT COMPUTER PROGRAMMER

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Persons with Significant Control

Mrs Haruka Cheifetz

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

Japanese · England · Age 39

64 Princess May Road, N16 8DG

Notified 17/12/2019

Former PSCs

Mr Jonathan Cheifetz

Ceased 17/12/2019

CompanyRankvs 9691+ SIC 62020 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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 31/10/2024

Net Worth

£419k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£417k

Working capital

Current Assets

£585k

Current Liabilities

£168k

Fixed Assets

£1k

Debtors

£554k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.49+£24k
202314.14+£37k
202219.38-£17k
202115.26+£43k
202014.94+£23k
201926.66-£8k
201820.01

Derived from filed accounts. Not audited figures.