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Covermy Group Limited

05462364

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

NUMBER ONE, HARLOW, CM20 2FB
Incorporated 24/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Paul Gavin Dodds

director · Since 24/05/2005

DIRECTOR

BRITISH · GUERNSEY · Age 63

Also on 5 other boards

Persons with Significant Control

Mr Paul Gavin Dodds

75–100% shares
75–100% votes

British · Guernsey · Age 63

Number One, Station Approach, Harlow, CM20 2FB

Notified 06/04/2016

Former PSCs

Mr Martin Harris

Ceased 13/12/2023

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 02/11/2020Registered 04/11/2020Satisfied 27/03/2025

CompanyRankvs 2907+ SIC 74990 peers
65

Financial strength93th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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.

Liquidity0/20 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 31/12/2024

Net Worth

£188k

Balance sheet strength

Cash

£75

Cash in the bank

Net Current Assets

-£728k

Working capital

Current Assets

Current Liabilities

£728k

1avg. employees-1

Tax at Year End(2019)

Dividends paid£750k

People Costs(2019)

Wages & salaries£2.3M
NI contributions£50k

Balance Sheet

Assets less current liabilities-£271k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
2023+£0
2022+£0
20210.00+£0
20200.68+£0
20190.60

Derived from filed accounts. Not audited figures.