Coverex Brokers Limited
12081929
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 08/08/2026
Due 22/08/2027
Industry
Officers
Mr Michael Benjamin Filson
director · Since 02/01/2020
SOLICITOR
ENGLISH · ENGLAND · Age 44
director · Since 01/07/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 2 other boards
Former
corporate secretary · Resigned 02/01/2020
director · Resigned 02/01/2020
corporate director · Resigned 02/01/2020
Persons with Significant Control
Ten Insurance Services Limited
Hanover House, Charlotte Street, Manchester, M1 4FD
Notified 01/07/2024
Former PSCs
Squire Patton Boggs Directors Limited
Ceased 02/01/2020
Mr Mike Filson
Ceased 01/07/2024
Change History
Active
Private Limited Company
HANOVER HOUSE
MANCHESTER
M1 4FD
CompanyRankvs 7137+ SIC 64999 peers64
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
£104k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£104k
Working capital
Current Assets
£141k
Current Liabilities
£37k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.80 | +£53k |
| 2023 | 2.58 | — |
Derived from filed accounts. Not audited figures.