Covertec Structures Ltd
04926308
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 08/10/2003
SALES CONSULTANT
ENGLISH · ENGLAND · Age 49
Also on 1 other board
director · Since 08/10/2003
SALES CONSULTANT
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Mark Andrew Gamble
British · England · Age 55
The Lodge, Leicester Road, Lutterworth, LE17 4LU
Notified 06/04/2016
Mrs Louise Gamble
English · England · Age 49
The Lodge, Leicester Road, Lutterworth, LE17 4LU
Notified 01/10/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 266+ SIC 24100 peers48
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£81k
Current Liabilities
£92k
Fixed Assets
£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.89 | +£8k |
| 2024 | 0.87 | -£11k |
| 2023 | 1.01 | -£16k |
| 2022 | 1.21 | -£7k |
| 2021 | 1.37 | +£2k |
| 2020 | 1.21 | +£17k |
| 2019 | 1.04 | -£4k |
| 2018 | 0.99 | — |
Derived from filed accounts. Not audited figures.