Active10422855Private limited companyBirmingham

COVATIC LTD

E21/100

Summary

Generated from filed data · no estimates

COVATIC LTD is an active private limited company (company number 10422855) incorporated on 12 October 2016, registered in Birmingham. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£49k and cash of £67k, with 18 employees on average. Net assets fell 104% on the prior period (£1.21m).

Peer position · net assets

By net assets it sits in the bottom quarter of 1,179 comparable companies in Birmingham (median £1,399, upper quartile £31k).

Key dates

Incorporated: 12 October 201610 yrs ago
Next accounts due: 30 September 202622 days overdue
Confirmation statement due: 26 October 2027in 369 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 62090: Other information technology service activities
Accounts type: Total Exemption Full
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 December 2024

Net assets

−£49k

−104%vs Dec 2023

Cash at bank

£67k

−92%vs Dec 2023

Turnover

Not reported

Employees

No changevs Dec 2023

Net assets

−£49k

Cash at bank

£67k

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 December 2024	−£49k	£67k	£364k	£913k	—	—	18
31 December 2023	£1.21m	£832k	£535k	£635k	—	—	18

Current ratio0.47Current liabilities exceed current assets

Cash per employee£3,737Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score

Rules-based · every point shows its evidence

21 / 100 · grade E

Score breakdown
50	Starting scoreEvery scored company starts here
−15	Negative net assetsNet assets £-48,503 at 2024-12-31
−8	Net assets falling-104.0% vs prior period
−8	Current liabilities exceed current assetsCurrent ratio 0.47
+4	Cash reservesCash £67,268
+8	EstablishedIncorporated 2016-10-12 (10 years)
−10	Accounts overdueDue 2026-09-30
21	Score, grade E

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

Ownership and control

0 active · 5 other

No active person with significant control is registered.

persons with significant control statement · since 2 August 2018
NP
Nicholas Pinks
Individual · since 12 October 2016 · ceased 30 January 2017
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
75–100%
The Chancellor, Masters And Scholars Of The University Of Oxford
corporate entity, United Kingdom · since 30 January 2017 · ceased 2 February 2017
- owns 25–50% of shares
- holds 25–50% of voting rights
25–50%
persons with significant control statement · since 2 February 2017 · ceased 1 March 2018
Oxford Sciences Innovation Plc
corporate entity, England And Wales · since 1 March 2018 · ceased 2 July 2018
- owns 25–50% of shares
- holds 25–50% of voting rights
25–50%

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Timeline

Newest first

26 Oct 2027Confirmation statement duein 369 days
30 Sept 2026Next accounts due22 days overdue
31 Dec 2024Accounts period endNet liabilities £49k · small accounts
31 Dec 2023Accounts period endNet assets £1.21m · small accounts
12 Oct 2016Incorporated

Similar companies in Birmingham

Same activity (other information technology service activities), closest in incorporation date

All companies incorporated on 12 October 2016 · in Oct 2016.

Reminders for COVATIC LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.