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Covue It Ltd

08568765

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

PREMIERE HOUSE, BOREHAMWOOD, WD6 1JH
Incorporated 13/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Vincenzo Mignacca

director · Since 20/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 10 other boards

Mr Sohin Harkishen Raithatha

director · Since 20/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 18 other boards

Persons with Significant Control

Redsquid Communications Ltd

75–100% shares
75–100% votes
Appoint directors

Premiere House, Elstree Way, Borehamwood, WD6 1JH

Reg: 04968485 · England And Wales · Private Company Limited By Shares

Notified 20/07/2023

Former PSCs

Mr Daniel Banks

Ceased 20/07/2023

Mr Daniel Davies

Ceased 20/07/2023

Mr Jonathan Munt

Ceased 23/06/2022

Ms Katherine Jane Dee

Ceased 20/07/2023

Charges2 outstanding

Charge
outstanding

TC LOANS LIMITED

Created 18/11/2025Registered 25/11/2025
Charge
outstanding

TC LOANS LIMITED

Created 18/11/2024Registered 20/11/2024
Charge
satisfied

TRIPLE POINT ADVANCR LEASING PLC

Created 20/07/2023Registered 21/07/2023Satisfied 19/11/2024

CompanyRankvs 8792+ SIC 62090 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.43× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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.

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 31/03/2025

Net Worth

£675k

Balance sheet strength

Cash

£142k

Cash in the bank

Net Current Assets

£671k

Working capital

Current Assets

£947k

Current Liabilities

£276k

Fixed Assets

£5k

Debtors

£805k

0avg. employees-5

Tax at Year End(2024)

Corp tax£60k

Balance Sheet

Assets less current liabilities£676k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.43+£289k
20242.04+£186k
20233.33+£57k
20222.45-£5k
20212.25-£10k
20201.82+£86k
20191.34

Derived from filed accounts. Not audited figures.