covers limited
covers limited Company Information
Company Number
01462514
Next Accounts
Sep 2025
Directors
Shareholders
david cover & son limited
Group Structure
View All
Industry
Dormant Company
Registered Address
sussex house, quarry lane, chichester, west sussex, PO19 8PE
Website
www.coversmerchants.co.ukcovers limited Estimated Valuation
Pomanda estimates the enterprise value of COVERS LIMITED at £0 based on a Turnover of £11 and 0x industry multiple (adjusted for size and gross margin).
covers limited Estimated Valuation
Pomanda estimates the enterprise value of COVERS LIMITED at £0 based on an EBITDA of £0 and a 1.45x industry multiple (adjusted for size and gross margin).
covers limited Estimated Valuation
Pomanda estimates the enterprise value of COVERS LIMITED at £1 based on Net Assets of £2 and 0.54x industry multiple (adjusted for liquidity).
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Covers Limited Overview
Covers Limited is a live company located in chichester, PO19 8PE with a Companies House number of 01462514. It operates in the dormant company sector, SIC Code 99999. Founded in November 1979, it's largest shareholder is david cover & son limited with a 100% stake. Covers Limited is a mature, micro sized company, Pomanda has estimated its turnover at £11.1 with low growth in recent years.
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Covers Limited Health Check
Pomanda's financial health check has awarded Covers Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £11.1, make it smaller than the average company (£7.8m)
- Covers Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.7%)
- Covers Limited
6.7% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (32%)
- Covers Limited
32% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Covers Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (58)
- Covers Limited
58 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Covers Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £11.1, this is less efficient (£185.9k)
- Covers Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (40 days)
- Covers Limited
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Covers Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Covers Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Covers Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Covers Limited
- - Industry AVG
COVERS LIMITED financials
Covers Limited's latest turnover from December 2023 is estimated at £11 and the company has net assets of £2. According to their latest financial statements, we estimate that Covers Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
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| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2,588 | 2,588 | 2,588 | ||||
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| total current assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2,588 | 2,588 | 2,588 | ||||
| total assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2,588 | 2,588 | 2,588 | ||||
| Bank overdraft | |||||||||||||||
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| hp & lease commitments | |||||||||||||||
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| total liabilities | |||||||||||||||
| net assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2,588 | 2,588 | 2,588 | ||||
| total shareholders funds | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2,588 | 2,588 | 2,588 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
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| Stock | |||||||||||||||
| Debtors | 2 | -2 | -2,586 | 2,588 | |||||||||||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
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| Cash flow from operations | |||||||||||||||
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| Other Short Term Loans | |||||||||||||||
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| Hire Purchase and Lease Commitments | |||||||||||||||
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| share issue | |||||||||||||||
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| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
covers limited Credit Report and Business Information
Covers Limited Competitor Analysis
Perform a competitor analysis for covers limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in PO19 area or any other competitors across 12 key performance metrics.
covers limited Ownership
COVERS LIMITED group structure
Covers Limited has no subsidiary companies.
Ultimate parent company
2 parents
COVERS LIMITED
01462514
covers limited directors
Covers Limited currently has 1 director, Mr Rupert Green serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Green | 65 years | Aug 2022 | - | Director |
P&L
December 2023turnover
11.1
-2%
operating profit
0
0%
gross margin
17.6%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2
0%
total assets
2
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
covers limited company details
company number
01462514
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
November 1979
age
46
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
December 2023
previous names
sussex haulage (holdings) limited (March 2009)
shoreham warehousing limited (May 1992)
accountant
-
auditor
-
address
sussex house, quarry lane, chichester, west sussex, PO19 8PE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
covers limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to covers limited.
covers limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for COVERS LIMITED. This can take several minutes, an email will notify you when this has completed.
covers limited Companies House Filings - See Documents
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