COVALE CAPITAL LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-28 (in 7mo)
Last made up 2025-12-14
Watchouts
None on the register
Cash
£2M
Latest balance sheet
Net assets
£4M
Equity attributable
Employees
3
Average over period
Profit before tax
£3M
Period ending 2025-03-31
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £261,628 | £5,864,811 | |
| Operating profit | -£380,378 | £3,103,158 | |
| Profit before tax | -£374,973 | £3,123,630 | |
| Net profit | -£375,853 | £3,116,931 | |
| Cash | £821,213 | £2,304,811 | |
| Total assets less current liabilities | — | — | |
| Net assets | £617,977 | £3,734,647 | |
| Equity | £617,977 | £3,734,647 | |
| Average employees | 2 | 3 | |
| Wages | £154,304 | £1,474,332 | |
| Directors' remuneration | £0 | £0 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -145.4% | 52.9% | |
| Net margin | -143.7% | 53.1% | |
| Gearing (liabilities / total assets) | 49.8% | 19.2% | |
| Current ratio | 1.98x | 5.18x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director considers it appropriate for these financial statements to be prepared on the going concern basis.”
Group structure
- COVALE CAPITAL LTD · parent
- Covale Capital (UK) LLP 100%
- Covale Capital AG 100%
Significant events
- “On 18 November 2024, the Company's auditors changed their name from Haysmacintyre LLP to HaysMac LLP.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TOVEY, David Hugh | Director | 2022-12-15 | Jan 1976 | English |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Hugh Tovey | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-15 | Active |
Filing timeline
Last 17 of 17 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-22 RESOLUTIONS Resolution
- 2024-11-22 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-20 | AA | accounts | Accounts with accounts type group | |
| 2024-12-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-29 | SH08 | capital | Capital name of class of shares | |
| 2024-11-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-26 | SH01 | capital | Capital allotment shares | |
| 2024-11-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-22 | MA | incorporation | Memorandum articles | |
| 2024-08-07 | AA | accounts | Accounts with accounts type group | |
| 2024-07-02 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-08 | SH01 | capital | Capital allotment shares | |
| 2023-06-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-15 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 6
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.