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Covermarque Limited

04806646

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE BOUNDARY, WINCHESTER, SO21 3BD
Incorporated 20/06/2003

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Nicholas Richard Russell Drew

director · Since 20/06/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Jitendra Patel

secretary · Since 29/10/2024

Mr Timothy John Money

director · Since 02/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 74 other boards

Mr Michael David Simon Edgeley

director · Since 08/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 70 other boards

Mr Philip John Williams

director · Since 08/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 45 other boards

Persons with Significant Control

Clear Group (Holdings) Limited

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

1, Great Tower Street, London, EC3R 5AA

Reg: 04519291 · Registrar Of Companies At Companies House · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Nicholas Richard Russell Drew

Ceased 29/10/2024

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 02/12/2020Registered 05/12/2020Satisfied 12/09/2024

CompanyRankvs 930+ SIC 65120 peers
85

Financial strength92th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.63× · 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 strength23/25 pts

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

Employees12/15 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 31/03/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£486k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£409k

Fixed Assets

£34k

Debtors

£903k

8avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Signed by 04806646 2023-04-01 2024-03-31 04806646 2024-03-31 04806646 bus:OrdinaryShareClass1 2024-03-31 04806646 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.63+£221k
20232.97+£229k
20222.53+£125k
20213.21-£46k
20203.10+£97k
20192.37

Derived from filed accounts. Not audited figures.