cov trading ltd
cov trading ltd Company Information
Company Number
14528737
Next Accounts
Sep 2025
Industry
Retail sale via mail order houses or via Internet
Directors
Shareholders
umer sandhu
Group Structure
View All
Contact
Registered Address
197 humber road, coventry, west midlands, CV3 1NZ
Website
-cov trading ltd Estimated Valuation
Pomanda estimates the enterprise value of COV TRADING LTD at £8.5k based on a Turnover of £34.8k and 0.25x industry multiple (adjusted for size and gross margin).
cov trading ltd Estimated Valuation
Pomanda estimates the enterprise value of COV TRADING LTD at £0 based on an EBITDA of £-1.8k and a 2.84x industry multiple (adjusted for size and gross margin).
cov trading ltd Estimated Valuation
Pomanda estimates the enterprise value of COV TRADING LTD at £0 based on Net Assets of £-1.8k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cov Trading Ltd Overview
Cov Trading Ltd is a live company located in west midlands, CV3 1NZ with a Companies House number of 14528737. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2022, it's largest shareholder is umer sandhu with a 100% stake. Cov Trading Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £34.8k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cov Trading Ltd Health Check
Pomanda's financial health check has awarded Cov Trading Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £34.8k, make it smaller than the average company (£491.9k)
- Cov Trading Ltd
£491.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cov Trading Ltd
- - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (36.1%)
- Cov Trading Ltd
36.1% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (1.9%)
- Cov Trading Ltd
1.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Cov Trading Ltd
6 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Cov Trading Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £34.8k, this is less efficient (£185.8k)
- Cov Trading Ltd
£185.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (19 days)
- Cov Trading Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 238 days, this is slower than average (31 days)
- Cov Trading Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cov Trading Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cov Trading Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.6%, this is a higher level of debt than the average (71.7%)
110.6% - Cov Trading Ltd
71.7% - Industry AVG
COV TRADING LTD financials
Cov Trading Ltd's latest turnover from December 2023 is estimated at £34.8 thousand and the company has net assets of -£1.8 thousand. According to their latest financial statements, we estimate that Cov Trading Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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
| Dec 2023 | |
|---|---|
| Tangible Assets | 15,900 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 15,900 |
| Stock & work in progress | 0 |
| Trade Debtors | 1,140 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 1,140 |
| total assets | 17,040 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 18,340 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 18,340 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 498 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 498 |
| total liabilities | 18,838 |
| net assets | -1,798 |
| total shareholders funds | -1,798 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 1,140 |
| Creditors | 18,340 |
| Accruals and Deferred Income | 498 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
cov trading ltd Credit Report and Business Information
Cov Trading Ltd Competitor Analysis
Perform a competitor analysis for cov trading ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CV3 area or any other competitors across 12 key performance metrics.
cov trading ltd Ownership
COV TRADING LTD group structure
Cov Trading Ltd has no subsidiary companies.
Ultimate parent company
COV TRADING LTD
14528737
cov trading ltd directors
Cov Trading Ltd currently has 1 director, Mr Umer Sandhu serving since Dec 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Umer Sandhu | England | 39 years | Dec 2022 | - | Director |
P&L
December 2023turnover
34.8k
0%
operating profit
-1.8k
0%
gross margin
19.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.8k
0%
total assets
17k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
cov trading ltd company details
company number
14528737
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
SMART SENSE ACCOUNTANTS LTD
auditor
-
address
197 humber road, coventry, west midlands, CV3 1NZ
Bank
-
Legal Advisor
-
cov trading ltd 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 cov trading ltd.
cov trading ltd 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 COV TRADING LTD. This can take several minutes, an email will notify you when this has completed.
cov trading ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
