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Kovacs Construction Ltd

10559236

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

4TH FLOOR, 18, LONDON, EC1N 8UN
Incorporated 11/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Bence Kovacs

director · Since 27/06/2017

DIRECTOR

HUNGARIAN · ENGLAND · Age 32

Mr Laszlo Kovacs

director · Since 28/08/2019

CONSTRUCTION WORKER

HUNGARIAN · ENGLAND · Age 51

Ms Michelle Tolnai

director · Since 25/04/2025

CREATIVE DIRECTOR

HUNGARIAN · ENGLAND · Age 25

Persons with Significant Control

Mr Laszlo Kovacs

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

Hungarian · United Kingdom · Age 51

4th Floor, 18, St. Cross Street, London, EC1N 8UN

Notified 11/01/2017

CompanyRankvs 20879+ SIC 41100 peers
57

Financial strength85th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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20879Kovacs Construction Ltd
62
How is this score calculated?
Financial strength21/25 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.

Liquidity6/20 pts

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

Longevity10/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2025

Net Worth

£229k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£146k

Current Liabilities

£202k

Fixed Assets

£374k

Debtors

£17k

7avg. employees+1

Tax at Year End

VAT£3k

Balance Sheet

Assets less current liabilities£318k
Signed by Mr Bence Kovacs 01/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.72+£58k£54k
20240.43+£46k£41k
20230.83——

Derived from filed accounts. Not audited figures.