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Covenant (Uk) Ltd

05334596

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

1 WOLSTON MEADOW, MIDDLETON, BUCKINGHAMSHIRE, MK10 9AY
Incorporated 17/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
70229
Management consultancy activities

Officers

Mr Olabiyi Olayinka Ajala

director · Since 17/01/2005

CLERGY

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Persons with Significant Control

Mr Olabiyi Olayinka Ajala

75–100% shares
75–100% votes

British · England · Age 65

1 Wolston Meadow, Middleton, Buckinghamshire, MK10 9AY

Notified 01/07/2016

CompanyRankvs 88376+ SIC 68100 peers
46

Financial strength28th percentile among SIC peers · 7/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength7/25 pts

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

Employees3/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Turnover

£90

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£3k

Bottom line earnings

Net Current Assets

-£355

Working capital

Current Assets

£6k

Current Liabilities

£6k

Debtors

£3k

Cost of Sales

£120

Gross Profit

-£30

Admin Expenses

£2k

Profit After Tax

-£3k

0avg. employees

Tax at Year End(2023)

Corp tax£1k
Dividends paid£6k

Balance Sheet

Assets less current liabilities-£355
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.94
20241.35
20232.18
20221.75
20211.43
20201.79
20192.96

Derived from filed accounts. Not audited figures.