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Covaris Limited

08568053

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 13/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Taylor Wessing Secretaries Limited

secretary · Since 13/06/2013

BRITISH

Also on 1085 other boards

Annemarie C. Watson

director · Since 01/08/2022

CEO OF COVARIS, LLC.

CANADIAN · UNITED STATES · Age 52

CompanyRankvs 1105920+ SIC 82990 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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110592Covaris Limited
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

-£8.1M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Net Current Assets

-£8.1M

Working capital

Current Assets

£6.6M

Current Liabilities

£14.7M

Fixed Assets

£255k

Debtors

£1.5M

Profit After Tax

-£1.5M

22avg. employees

Balance Sheet

Assets less current liabilities-£7.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£1.6M
20230.50-£902k
20220.54-£279k
20210.56-£2.0M
20200.77+£929k
20190.54—

Derived from filed accounts. Not audited figures.