Company Overview
Covelec Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 26 July 1982, so this is a well established company. Covelec Ltd has been in business for 43 years and 8 months. The accounts status is small and the accounts are next due on Friday 31 July 2026.
Registered Address

Unit 4 Labourham Farm, Draycott Road, Cheddar, Somerset, BS27 3RP
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameCOVELEC LTD
Company Number01653837
Registered Office AddressUnit 4 Labourham Farm
 Draycott Road
 BS27 3RP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/07/1982
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategorySMALL
Returns Next Due Date26/01/2017
Returns Last Made Up Date29/12/2015
Directors & Members
Show Resigned
Simon Brooks - Director
(British, 54 years old, born August 1972)
Appointed 20 July 2021
 Active
Secretaries
Show Resigned
Other Company Directorships
Simon Brooks
IADA LIMITED
KUKKINA BOUTIQUE LIMITED
PROPERTIES BY SJB LTD
REYNOLDS AND WHATLEY LIMITED
ROTAMEC ENGINEERING SOLUTIONS LIMITED
ROTAMEC HOLDINGS LIMITED
ROTAMEC LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 142,028 142,028 106,005
Current Assets 1,276,547 1,276,547 1,118,695
Creditors Due Within One Year 438,045 438,045 294,363
Working Cap 838,502 838,502 824,332
Total Assets Less Current Liabilities 980,530 980,530 930,337
Long-term Liabilities 28,914 28,914 24,853
Net Assets 951,616 951,616 905,484
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 951,616 951,616 905,484
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 10.0% 10.0% 8.7%
Stocks Inventory - - -
Debtors 77.3% 77.3% 77.7%
Cash Bank In Hand 0.3% 0.3% 1.7%
Current Assets 90.0% 90.0% 91.3%
Creditors Due Within One Year 30.9% 30.9% 24.0%
Net Current Assets Liabilities 59.1% 59.1% 67.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 67.1% 67.1% 73.9%
Capital Employed - - -
Total Assets Less Current Liabilities 69.1% 69.1% 76.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 2.9 2.9 3.8
Solvency Ratio 3.0 3.0 3.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 1,418,575 1,418,575 1,224,700
Debt 466,959 466,959 319,216
Net Assets/Debt 951,616 951,616 905,484

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BS27 3RP
ROTAMEC LIMITED
UNIT 4 LABOURHAM FARM, DRAYCOTT ROAD, CHEDDAR, SOMERSET, BS27 3RP
CHEDDAR ALES LIMITED
WINCHESTER FARM, DRAYCOTT ROAD, CHEDDAR, BS27 3RP
BALLIIHOO LTD
UNIT 27 WINCHESTER FARM, DRAYCOTT ROAD, CHEDDAR, SOMERSET, BS27 3RP
HILLVIEW ENGINEERING LIMITED
32 DRAYCOTT ROAD, CHEDDAR, BS27 3RP
ROTAMEC HOLDINGS LIMITED
UNIT 4 LABOURHAM FARM, DRAYCOTT ROAD, CHEDDAR, SOMERSET, BS27 3RP
SNELGROVE TRUCKS LIMITED
Unit 6 Labourham Business Units, Draycott Road, Cheddar, Somerset, BS27 3RP
CHICYBEE LIMITED
UNIT A WINCHESTER FARM, WELLS ROAD, CHEDDAR, BS27 3RP
HELMETCITY SOMERSET LIMITED
23 WESTFIELD PARK, REDLAND, BRISTOL, BS27 3RP
Document Filings
Confirmation statement made on 25 March 2026 with updates
Confirmation statement made on 29 December 2025 with no updates
Confirmation statement made on 29 December 2024 with no updates
Registration of charge 016538370005, created on 4 January 2024
Confirmation statement made on 29 December 2023 with no updates
Confirmation statement made on 29 December 2022 with no updates
Registered office address changed from Unit 4 Labourham Farm Draycott Road Cheddar Somerset BS37 3RP England to Unit 4 Labourham Farm Draycott Road Cheddar Somerset BS27 3RP on 11 July 2022
Confirmation statement made on 29 December 2021 with updates
Current accounting period shortened from 31 March 2022 to 31 October 2021
Change of share class name or designation
Resolutions
Resolutions
Notification of Rotamec Holdings Limited as a person with significant control on 20 July 2021
Cessation of Janine Wilson as a person with significant control on 20 July 2021
Cessation of Peter David Wilson as a person with significant control on 20 July 2021
Registered office address changed from 14 Phoenix Park Telford Way Coalville Leicestershire LE67 3HB to Unit 4 Labourham Farm Draycott Road Cheddar Somerset BS37 3RP on 23 July 2021
Termination of appointment of Peter David Wilson as a secretary on 20 July 2021
Termination of appointment of Peter David Wilson as a director on 20 July 2021
Termination of appointment of Janine Wilson as a director on 20 July 2021
Appointment of Mr Simon James Brooks as a director on 20 July 2021
Registration of charge 016538370004, created on 20 July 2021
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free