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Richard Covey Fencing Ltd

10862262

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 VILLIERS COURT, CHEAM, SM2 7AJ
Incorporated 12/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42210
Construction of utility projects for fluids

Officers

Mr Richard Arthur Covey

director · Since 12/07/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Richard Arthur Covey

75–100% shares
75–100% votes

British · United Kingdom · Age 41

2 Villiers Court, 40 Upper Mulgrave Road, Cheam, SM2 7AJ

Notified 01/08/2017

Former PSCs

Mr Richard Arthur Covey

Ceased 12/07/2017

CompanyRankvs 201+ SIC 42210 peers
69

Financial strength84th percentile among SIC peers · 21/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity9/15 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 31/07/2025

Net Worth

£368k

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£296k

Current Liabilities

£198k

Fixed Assets

£335k

Debtors

£112k

Profit After Tax

£90k

5avg. employees-2

Tax at Year End

Corp tax£18k
Dividends paid£75k

Balance Sheet

Assets less current liabilities£433k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.49+£15k
20241.64+£127k
20231.57+£120k
20221.36+£70k
20210.64-£24k
20201.00+£6k
20191.02+£21k
20180.70

Derived from filed accounts. Not audited figures.