Cover Direct Ltd
10291957
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/10/2020
CHARTERED ACCOUNTANT AND MANAGING DIRECT
BRITISH · ENGLAND · Age 43
Also on 4 other boards
Persons with Significant Control
Mr Edward Hugh Kelway Le Vavasseur Dit Durell
British · England · Age 43
Arena Offices, Building B, Riverside Way, Camberley, GU15 3YL
Notified 26/05/2026
Former PSCs
Mr Matthew Simon Milnes
Ceased 22/07/2016
Mr Michael Joshua Hubbard
Ceased 22/07/2016
Zgluk Limited
Ceased 26/05/2026
CompanyRankvs 562+ SIC 65110 peers62
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.
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
£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£102k
Working capital
Current Assets
£566k
Current Liabilities
£464k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | -£390k |
| 2023 | 3.18 | -£288k |
| 2022 | 91.65 | +£66k |
| 2021 | 92.48 | +£306k |
| 2020 | 6.42 | -£4k |
| 2019 | 3.72 | — |
Derived from filed accounts. Not audited figures.