cov2 limited
cov2 limited Company Information
Company Number
12574009
Next Accounts
Jan 2026
Shareholders
david wajsman
el chonon litke
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
Registered Address
127 wolmer gardens, edgware, HA8 8QF
Website
-cov2 limited Estimated Valuation
Pomanda estimates the enterprise value of COV2 LIMITED at £62.4k based on a Turnover of £262k and 0.24x industry multiple (adjusted for size and gross margin).
cov2 limited Estimated Valuation
Pomanda estimates the enterprise value of COV2 LIMITED at £0 based on an EBITDA of £-917 and a 2.83x industry multiple (adjusted for size and gross margin).
cov2 limited Estimated Valuation
Pomanda estimates the enterprise value of COV2 LIMITED at £0 based on Net Assets of £-149.8k and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cov2 Limited Overview
Cov2 Limited is a live company located in edgware, HA8 8QF with a Companies House number of 12574009. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in April 2020, it's largest shareholder is david wajsman with a 50% stake. Cov2 Limited is a young, micro sized company, Pomanda has estimated its turnover at £262k with declining growth in recent years.
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Cov2 Limited Health Check
Pomanda's financial health check has awarded Cov2 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £262k, make it in line with the average company (£310.6k)
- Cov2 Limited
£310.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.5%)
- Cov2 Limited
3.5% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (36%)
- Cov2 Limited
36% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (2.8%)
- Cov2 Limited
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Cov2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Cov2 Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £262k, this is more efficient (£158.9k)
- Cov2 Limited
£158.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (21 days)
- Cov2 Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 259 days, this is slower than average (33 days)
- Cov2 Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cov2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cov2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10544.6%, this is a higher level of debt than the average (72.7%)
10544.6% - Cov2 Limited
72.7% - Industry AVG
COV2 LIMITED financials
Cov2 Limited's latest turnover from April 2024 is estimated at £262 thousand and the company has net assets of -£149.8 thousand. According to their latest financial statements, we estimate that Cov2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | ||||
| Trade Debtors | 1,434 | 594 | 518 | 74,907 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 1,434 | 594 | 518 | 74,907 |
| total assets | 1,434 | 594 | 518 | 74,907 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 150,660 | 149,203 | 147,249 | 146,436 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 150,660 | 149,203 | 147,249 | 146,436 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 550 | 250 | 1,316 | 1,233 |
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 550 | 250 | 1,316 | 1,233 |
| total liabilities | 151,210 | 149,453 | 148,565 | 147,669 |
| net assets | -149,776 | -148,859 | -148,047 | -72,762 |
| total shareholders funds | -149,776 | -148,859 | -148,047 | -72,762 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 840 | 76 | -74,389 | 74,907 |
| Creditors | 1,457 | 1,954 | 813 | 146,436 |
| Accruals and Deferred Income | 300 | -1,066 | 83 | 1,233 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
cov2 limited Credit Report and Business Information
Cov2 Limited Competitor Analysis
Perform a competitor analysis for cov2 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.
cov2 limited Ownership
COV2 LIMITED group structure
Cov2 Limited has no subsidiary companies.
Ultimate parent company
COV2 LIMITED
12574009
cov2 limited directors
Cov2 Limited currently has 2 directors. The longest serving directors include Mr Elchonon Litke (Apr 2020) and Mr David Wajsman (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elchonon Litke | United Kingdom | 37 years | Apr 2020 | - | Director |
| Mr David Wajsman | England | 41 years | Apr 2020 | - | Director |
P&L
April 2024turnover
262k
+12%
operating profit
-917
0%
gross margin
19.2%
-3.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-149.8k
+0.01%
total assets
1.4k
+1.41%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
cov2 limited company details
company number
12574009
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
April 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
127 wolmer gardens, edgware, HA8 8QF
Bank
-
Legal Advisor
-
cov2 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 cov2 limited.
cov2 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 COV2 LIMITED. This can take several minutes, an email will notify you when this has completed.
cov2 limited Companies House Filings - See Documents
| date | description | view/download |
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