Covertax Limited in London, E14 9XQ

Description

Data updated on: 01-11-2023

This business operates as Covertax Limited. This company was founded 20 years ago and was registered under 05130851 as its registration number. The registered office of this firm is situated in London. You may visit them at Sfp 9 Ensign House Admirals Way, Marsh Wall. This business's SIC and NACE codes are 69203 meaning Tax consultancy. 2021/06/30 is the last time when the accounts were reported.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30
Currency
Net Worth	29 866	39 581

Balance Sheet
Cash Bank On Hand			35 923	6 507	2 742	2 435	7
Current Assets	67 959	75 046	114 698	42 898	90 964	159 802	173 028	110 268
Debtors	60 922	62 033	78 775	36 391	23 292	31 640	46 612
Net Assets Liabilities			56 042	6 419	30 966	92 098	47 912	42 150
Property Plant Equipment			1 479	1 362	2 471	2 434	17 964
Total Inventories					29 555	114 356	126 409
Other Debtors			10 454	1 305
Cash Bank In Hand	7 037	13 013
Net Assets Liabilities Including Pension Asset Liability	29 866	39 581
Tangible Fixed Assets	1 073	912

Capital & Reserves
Called Up Share Capital	10 100	10 100
Profit Loss Account Reserve	19 766	29 481
Shareholder Funds	29 866	39 581

Other Financial Data
Accrued Liabilities Deferred Income					27 564
Accrued Liabilities Not Expressed Within Creditors Subtotal						26 529	26 529
Accumulated Depreciation Impairment Property Plant Equipment			1 644	1 761		1 829	1 829
Administrative Expenses					213 492	229 366	142 379
Average Number Employees During Period			4	4	8	6	4	4
Bank Borrowings Overdrafts						16 784	2 903
Called Up Share Capital Not Paid Not Expressed As Current Asset							100	100
Cost Sales					27 770	11 085	827
Creditors			59 841	37 610	61 262	14 459	19 152	34 357
Finance Lease Liabilities Present Value Total							12 827
Fixed Assets	1 074	913	1 480	1 362	1 264	1 163	17 964	3 138
Gross Profit Loss					226 228	306 154	171 410
Increase From Depreciation Charge For Year Property Plant Equipment				117		37
Intangible Assets					1	1
Intangible Assets Gross Cost					1	1
Interest Payable Similar Charges Finance Costs					24	1 074	5 032
Net Current Assets Liabilities	29 007	38 850	54 857	5 288	29 702	32 665	134 100	77 879
Operating Profit Loss					12 736	69 817	29 031
Other Creditors			11 549	24 542	1 066	7 243	2 700
Other Operating Income Format2								26 529
Prepayments Accrued Income					2 327	2 327
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						2 326	2 183	1 968
Profit Loss					7 076	65 795	-4 573	-3 764
Profit Loss On Ordinary Activities Before Tax					12 712	31 369	23 999
Property Plant Equipment Gross Cost			3 123		2 471	2 992	19 793
Raw Materials Consumables Used							81 723	41 586
Staff Costs Employee Benefits Expense							73 128	115 527
Taxation Social Security Payable					9 027	3 085	2 758
Tax Tax Credit On Profit Or Loss On Ordinary Activities					5 636	3 356	5 244	-1 820
Total Additions Including From Business Combinations Property Plant Equipment							16 801
Total Assets Less Current Liabilities	30 081	39 763	56 337	6 650	30 966	148 832	137 338	81 117
Trade Creditors Trade Payables			17 043	14 692	5 673	922	664
Trade Debtors Trade Receivables			56 626	5 531	20 965	43 004	46 612
Turnover Revenue					253 998	272 894	166 596	73 884
Amounts Recoverable On Contracts			11 695	29 555
Investments Fixed Assets	1	1	1
Investments In Group Undertakings			1	-1
Other Taxation Social Security Payable			31 249	-1 624
Provisions For Liabilities Balance Sheet Subtotal			295	231
Creditors Due Within One Year	38 952	36 196
Number Shares Allotted		10 100
Par Value Share		1
Provisions For Liabilities Charges	215	182
Share Capital Allotted Called Up Paid	10 100	10 100
Tangible Fixed Assets Cost Or Valuation	2 295	2 295
Tangible Fixed Assets Depreciation	1 222	1 383
Tangible Fixed Assets Depreciation Charged In Period		161