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Netcov Ltd

14011776

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

80 ASHTON ROAD, MANCHESTER, M34 3JF
Incorporated 30/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
62090
Other information technology service activities

Officers

Mr Gintaras Benedict Poskaitis

director · Since 30/03/2022

COMPANY DIRECTOR

LITHUANIAN · ENGLAND · Age 38

Persons with Significant Control

Mr Gintaras Benedict Poskaitis

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

Lithuanian · England · Age 38

80, Ashton Road, Manchester, M34 3JF

Notified 30/03/2022

CompanyRankvs 2072+ SIC 46190 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 pts

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

Longevity4/15 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 31/03/2025

Net Worth

£824k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£781k

Working capital

Current Assets

£1.7M

Current Liabilities

£945k

Fixed Assets

£56k

Debtors

£569k

2avg. employees+1

Balance Sheet

Assets less current liabilities£837k
Signed by Mr G B Poskaitis 23/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£720k
20241.17+£121k
20230.57—

Derived from filed accounts. Not audited figures.