Covarius Technology Limited
08768938
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/02/2018
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 2 other boards
Persons with Significant Control
Covarius Group Limited
71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
Reg: 11015098 · Register Of Companies · Limited Company
Notified 03/11/2022
Former PSCs
Mr Andrew Julian Marshall
Ceased 04/11/2022
Charges2 outstanding
GLIF LD LP ACTING BY ITS GENERAL PARTNER GLIF LD GP LTD
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 1551+ SIC 70229 peers78
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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
£1.1M
Cash in the bank
Net Current Assets
£2.0M
Working capital
Current Assets
£2.9M
Current Liabilities
£901k
Fixed Assets
£6k
Debtors
£1.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.22 | -£133k |
| 2023 | 4.37 | +£1.1M |
| 2021 | 2.30 | +£110k |
| 2020 | 1.62 | +£85k |
| 2019 | 1.64 | -£81k |
| 2018 | 2.22 | — |
Derived from filed accounts. Not audited figures.