Transcover Systems Limited
07514181
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/10/2025
Due 23/10/2026
Industry
Officers
director · Since 02/02/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 2 other boards
Persons with Significant Control
Mr Paul William Hines
British · England · Age 46
Units 1 - 2, The Mill, Aylesford, ME20 7XE
Notified 06/04/2016
Charges1 outstanding
GC FACTORING LTD
CompanyRankvs 140+ SIC 30990 peers65
Show leaderboard
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 31/08/2024
Net Worth
£273k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
£262k
Working capital
Current Assets
£1.9M
Current Liabilities
£1.6M
Fixed Assets
£42k
Debtors
£829k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.16 | +£5k |
| 2023 | 1.17 | — |
Derived from filed accounts. Not audited figures.