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Covecta Ltd

15146790

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 19/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities
74909
Other professional, scientific and technical activities

Officers

Mr Benjamin Alan Ghinn Thomas

director · Since 19/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Scott Mcintosh Wilson

director · Since 19/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Benjamin Alan Ghinn Thomas

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

85, Great Portland Street, London, W1W 7LT

Notified 19/09/2023

Mr Scott Mcintosh Wilson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

85, Great Portland Street, London, W1W 7LT

Notified 19/09/2023

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

Created 04/11/2024Registered 07/11/2024

CompanyRankvs 10999+ SIC 62020 peers
67

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 37.53× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10999Covecta Ltd
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£808k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£804k

Working capital

Current Assets

£826k

Current Liabilities

£22k

Fixed Assets

£4k

4avg. employees
Signed by Mr S Wilson,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
202437.53

Derived from filed accounts. Not audited figures.