ucover limited
ucover limited Company Information
Company Number
07453512
Next Accounts
Dec 2025
Shareholders
nicholas harvey glynne
johana glynne
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
c/o buy it direct ltd, trident business park, huddersfield, HD2 1UA
Website
www.ucover.co.ukucover limited Estimated Valuation
Pomanda estimates the enterprise value of UCOVER LIMITED at £2.4m based on a Turnover of £714.8k and 3.35x industry multiple (adjusted for size and gross margin).
ucover limited Estimated Valuation
Pomanda estimates the enterprise value of UCOVER LIMITED at £2.1m based on an EBITDA of £306k and a 6.72x industry multiple (adjusted for size and gross margin).
ucover limited Estimated Valuation
Pomanda estimates the enterprise value of UCOVER LIMITED at £2.4m based on Net Assets of £1.4m and 1.76x industry multiple (adjusted for liquidity).
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Ucover Limited Overview
Ucover Limited is a live company located in huddersfield, HD2 1UA with a Companies House number of 07453512. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2010, it's largest shareholder is nicholas harvey glynne with a 50% stake. Ucover Limited is a established, small sized company, Pomanda has estimated its turnover at £714.8k with unknown growth in recent years.
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Ucover Limited Health Check
Pomanda's financial health check has awarded Ucover Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £714.8k, make it smaller than the average company (£922.9k)
- Ucover Limited
£922.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ucover Limited
- - Industry AVG
Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
- Ucover Limited
75.5% - Industry AVG
Profitability
an operating margin of 42.8% make it more profitable than the average company (29.3%)
- Ucover Limited
29.3% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Ucover Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
- Ucover Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £143k, this is less efficient (£177.9k)
- Ucover Limited
£177.9k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (30 days)
- Ucover Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (38 days)
- Ucover Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ucover Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Ucover Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a similar level of debt than the average (63.9%)
59.1% - Ucover Limited
63.9% - Industry AVG
UCOVER LIMITED financials
Ucover Limited's latest turnover from March 2024 is estimated at £714.8 thousand and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Ucover Limited has 5 employees and maintains cash reserves of £23.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 265,626 | 265,626 | 265,632 | 265,629 | 354,168 | 253,487 | |||||||
| Other Income Or Grants | 0 | ||||||||||||
| Cost Of Sales | 0 | ||||||||||||
| Gross Profit | 265,626 | ||||||||||||
| Admin Expenses | 9,873 | ||||||||||||
| Operating Profit | 255,753 | 248,250 | 265,084 | 259,041 | 345,594 | 232,082 | |||||||
| Interest Payable | 31,922 | 50,979 | 69,745 | 74,492 | 99,509 | 69,252 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 223,831 | 197,271 | 195,339 | 184,549 | 246,085 | 162,830 | |||||||
| Tax | -42,790 | -39,454 | -39,068 | -42,991 | -63,069 | -32,024 | |||||||
| Profit After Tax | 181,041 | 157,817 | 156,271 | 141,558 | 183,016 | 130,806 | |||||||
| Dividends Paid | 0 | 100,000 | 470,000 | 0 | 0 | 0 | |||||||
| Retained Profit | 181,041 | 57,817 | -313,729 | 141,558 | 183,016 | 130,806 | |||||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | 255,753 | 248,250 | 265,084 | 259,041 | 345,594 | 232,082 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,068,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 3,068,000 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 85,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,563 | 0 | 0 |
| Group Debtors | 0 | 26,120 | 0 | 0 | 0 | 0 | 0 | 36,910 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 146,551 | 8,870 | 10,127 | 4,670 | 4,670 | 0 | 5,158 | 17,689 | 387,313 | 307,625 | 225 | 0 | 0 |
| Cash | 23,111 | 52,568 | 154,691 | 44,140 | 262,605 | 30,843 | 8,312 | 1,157 | 2,855 | 22,989 | 169,625 | 12,309 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 255,162 | 87,558 | 164,818 | 48,810 | 267,275 | 30,843 | 13,470 | 55,756 | 390,168 | 330,614 | 196,413 | 12,309 | 0 |
| total assets | 3,323,162 | 3,155,558 | 3,232,818 | 3,116,810 | 3,335,275 | 3,098,843 | 3,081,470 | 3,123,756 | 3,458,168 | 3,398,614 | 3,264,413 | 12,309 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93,336 | 93,336 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 1,625,400 | 0 | 93,336 | 93,336 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,198 | 36,539 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 |
| Group/Directors Accounts | 1,642,624 | 1,601,515 | 2,201,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 500 | 356,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 318,883 | 388,056 | 320,604 | 923,452 | 275,527 | 217,489 | 193,859 | 234,858 | 162,205 | 150,873 | 90,796 | 0 | 0 |
| total current liabilities | 1,962,705 | 2,026,110 | 2,522,119 | 2,549,352 | 631,953 | 310,825 | 287,195 | 234,858 | 162,205 | 244,209 | 184,132 | 15,000 | 0 |
| loans | 0 | 0 | 0 | 37,800 | 2,273,695 | 2,505,683 | 2,591,113 | 2,749,938 | 2,843,274 | 2,843,274 | 2,952,166 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 37,800 | 2,273,695 | 2,505,683 | 2,591,113 | 2,749,938 | 2,843,274 | 2,843,274 | 2,952,166 | 0 | 0 |
| total liabilities | 1,962,705 | 2,026,110 | 2,522,119 | 2,587,152 | 2,905,648 | 2,816,508 | 2,878,308 | 2,984,796 | 3,005,479 | 3,087,483 | 3,136,298 | 15,000 | 0 |
| net assets | 1,360,457 | 1,129,448 | 710,699 | 529,658 | 429,627 | 282,335 | 203,162 | 138,960 | 452,689 | 311,131 | 128,115 | -2,691 | 0 |
| total shareholders funds | 1,360,457 | 1,129,448 | 710,699 | 529,658 | 429,627 | 282,335 | 203,162 | 138,960 | 452,689 | 311,131 | 128,115 | -2,691 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 255,753 | 248,250 | 265,084 | 259,041 | 345,594 | 232,082 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -42,790 | -39,454 | -39,068 | -42,991 | -63,069 | -32,024 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 197,061 | 24,863 | 5,457 | 0 | 4,670 | -5,158 | -49,441 | -332,714 | 79,688 | 307,625 | 26,788 | 0 | 0 |
| Creditors | -35,341 | 36,539 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 15,000 | 0 |
| Accruals and Deferred Income | -69,173 | 67,452 | -602,848 | 647,925 | 58,038 | 23,630 | -40,999 | 72,653 | 11,332 | 150,873 | 90,796 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -395,342 | 217,238 | 631,383 | 147,694 | 125,773 | 249,066 | |||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,068,000 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | -1,625,400 | 1,625,400 | -93,336 | 0 | 93,336 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 41,109 | -600,000 | 2,201,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -500 | -355,926 | 356,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -37,800 | -2,235,895 | -231,988 | -85,430 | -158,825 | -93,336 | 0 | 2,843,274 | 2,952,166 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -31,922 | -50,979 | -69,745 | -74,492 | -99,509 | -69,252 | |||||||
| cash flow from financing | 505,893 | -110,083 | -163,081 | -74,492 | 2,871,880 | 2,882,914 | |||||||
| cash and cash equivalents | |||||||||||||
| cash | -29,457 | -102,123 | 110,551 | -218,465 | 231,762 | 22,531 | 7,155 | -1,698 | -20,134 | 22,989 | 157,316 | 12,309 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -93,336 | 93,336 | 93,336 | 0 | 0 |
| change in cash | -29,457 | -102,123 | 110,551 | -218,465 | 231,762 | 22,531 | 7,155 | -1,698 | 73,202 | -70,347 | 63,980 | 12,309 | 0 |
ucover limited Credit Report and Business Information
Ucover Limited Competitor Analysis
Perform a competitor analysis for ucover limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HD2 area or any other competitors across 12 key performance metrics.
ucover limited Ownership
UCOVER LIMITED group structure
Ucover Limited has no subsidiary companies.
Ultimate parent company
UCOVER LIMITED
07453512
ucover limited directors
Ucover Limited currently has 2 directors. The longest serving directors include Mr Nicholas Glynne (Nov 2010) and Ms Johanna Glynne (Aug 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Glynne | England | 59 years | Nov 2010 | - | Director |
| Ms Johanna Glynne | England | 42 years | Aug 2013 | - | Director |
P&L
March 2024turnover
714.8k
+714%
operating profit
306k
0%
gross margin
75.5%
+0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.4m
+0.2%
total assets
3.3m
+0.05%
cash
23.1k
-0.56%
net assets
Total assets minus all liabilities
ucover limited company details
company number
07453512
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
CROWTHER CHARTERED ACCOUNTANTS
auditor
-
address
c/o buy it direct ltd, trident business park, huddersfield, HD2 1UA
Bank
-
Legal Advisor
-
ucover 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 found 3 charges/mortgages relating to ucover limited. Currently there are 3 open charges and 0 have been satisfied in the past.
ucover 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.
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ucover limited Companies House Filings - See Documents
| date | description | view/download |
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