Covelya Group Limited
12493148
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 23/09/2025
Due 07/10/2026
Industry
Officers
Mr Andrew Griffin
secretary · Since 02/07/2026
Mr Greg Reid
director · Since 02/07/2026
CANADIAN · CANADA · Age 55
Mr Duncane Joseph Alexander Mackay
director · Since 02/07/2026
CANADIAN · CANADA · Age 57
Duane Joseph Alexander Mackay
director · Since 02/07/2026
CANADIAN · CANADA · Age 57
Former
secretary · Resigned 02/07/2026
director · Resigned 02/07/2026
director · Resigned 02/07/2026
director · Resigned 02/07/2026
director · Resigned 02/07/2026
director · Resigned 02/07/2026
Persons with Significant Control
Former PSCs
Sonardyne Holdings Limited
Ceased 02/07/2026
Charges1 outstanding
The Bank of Nova Scotia
CompanyRankvs 1063+ SIC 70100 peers60
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/12/2023
Net Worth
£41.3M
Balance sheet strength
Cash
£3.4M
Cash in the bank
Net Current Assets
£9.8M
Working capital
Current Assets
£18.8M
Current Liabilities
£9.0M
Fixed Assets
£21.5M
Debtors
£15.4M
Cost of Sales
£30.1M
Admin Expenses
£64.4M
Profit After Tax
£6.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 2.09 |
Derived from filed accounts. Not audited figures.