# COVESEA WELDING LIMITED (SC637365)

> COVESEA WELDING LIMITED is an active private limited company (company number SC637365) incorporated on 30 July 2019, registered in Elgin. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest micro accounts cover the period ending 31 July 2025, showing net assets of £812, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 92% on the prior period (£10k).

- Status: Active
- Incorporated: 2019-07-30
- Registered office: Elgin, IV30 5QF
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-13
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 17,790 comparable companies in Other (median £3,372, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £812 | — | — | £16k | — | — | 2 |
| 2024-07-31 | £10k | — | — | £22k | — | — | — |

current ratio 0.94; size band micro.

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

- Net assets above zero: Net assets £812 at 31 July 2025
- Net assets down 25% or more on the prior period: -92.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.94
- Incorporated five or more years ago: Incorporated 30 July 2019

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

## Persons with significant control

- Mr Steven Hugh Buchanan — owns 75–100% of shares, since 2019-07-30

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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/SC637365
HTML: https://firmoscan.com/company/SC637365-covesea-welding-limited