# COVALENT SYSTEMS LIMITED (11502263)

> COVALENT SYSTEMS LIMITED is an active private limited company (company number 11502263) incorporated on 6 August 2018, registered in High Wycombe. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 August 2025, showing net assets of £576k and cash of £380k, with 14 employees on average. Net assets rose 16% on the prior period (£497k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2018-08-06
- Registered office: High Wycombe, HP11 1JT
- SIC 62012: Business and domestic software development
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-20
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 6,222 comparable companies in Other (median £1,000, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £576k | £380k | — | £822k | — | — | 14 |
| 2024-08-31 | £497k | £260k | £883k | — | — | — | 13 |
| 2023-08-31 | £434k | £414k | £630k | — | — | — | 16 |

current ratio 1.69; net assets trend rising; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £575,521 at 31 August 2025
- Net assets up 10% or more on the prior period: +15.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.69
- Cash at bank of £50,000 or more: Cash £380,069
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 6 August 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Simon Peter Green — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2018-08-06
- Mr Chandika Namal Mohottige — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-02-15

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11502263
HTML: https://firmoscan.com/company/11502263-covalent-systems-limited