Covesion Limited
06338847
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 17/07/2012
director · Since 24/07/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Former PSCs
Landon Clay
Ceased 31/12/2019
Lavinia Clay
Ceased 04/11/2020
Thomas Moragne Clay
Ceased 23/06/2025
Hawthorn Photonics Inc
Ceased 23/06/2025
Charges2 outstanding
HSBC UK BANK PLC
TREVOR RICHARD SIMON BELL AND AMANDA BELL
CompanyRankvs 69+ SIC 72190 peers79
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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 31/12/2024
Net Worth
£1.5M
Balance sheet strength
Cash
£415k
Cash in the bank
Net Current Assets
£1.5M
Working capital
Current Assets
£2.0M
Current Liabilities
£532k
Fixed Assets
£159k
Debtors
£547k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.73 | +£338k |
| 2023 | 3.06 | — |
Derived from filed accounts. Not audited figures.