Gorse Covert Holdco Ltd
12926434
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Nileshkumar Ratilal Shah
British · England · Age 58
63, Spencefield Lane, Leicester, LE5 6HH
Notified 04/10/2020
Mrs Deepa Shah
British · England · Age 56
63, Spencefield Lane, Leicester, LE5 6HH
Notified 11/02/2021
Charges0 outstanding
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CompanyRankvs 160+ SIC 64301 peers77
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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 31/10/2024
Net Worth
£8.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3.2M
Working capital
Current Assets
£3.8M
Current Liabilities
£623k
Fixed Assets
£4.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.08 | +£520k |
| 2023 | 5.91 | +£1.1M |
| 2022 | 3.79 | +£1.2M |
| 2021 | 1.17 | — |
Derived from filed accounts. Not audited figures.