COVERSTRUCTURES COMMERCIAL LIMITED
Company number 05865213 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
COVERSTRUCTURES COMMERCIAL LIMITED must be declined for any credit facility as the company is in liquidation. The financial trajectory leading to insolvency shows a sustained erosion of net assets (52% decline from 2014 to 2020), escalating HMRC arrears, significant director loan extraction (£250k), and critically low cash reserves. The company was trading while insolvent with £1.56m in current liabilities against just £22k in cash, and the liquidator should investigate director conduct regarding loan accounts and potential wrongful trading.
Shareholders' funds
£186,547
Balance sheet as at 2020-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-07-03
- Registered office
- Richard J Smith & Co 53, Fore Street, Ivybridge, Devon, PL21 9AE
- Postcode
- PL21 9AE
- Capital
- 2 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2020-09-30
- Next due by
- 2022-06-30 Overdue
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2021-07-03
- Next due by
- 2022-07-17 Overdue
Nature of business (SIC)
- 96090 Other service activities not elsewhere classified
Officers 4 current · 7 resigned
Contact details
Previous company names
| Name | Date changed |
|---|---|
| COVERSTRUCTURES SOUTH WEST LIMITED | 2017-01-10 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| COVERSTRUCTURES BUILDING REME DRIVE, HEATHPARK INDUSTRIAL ESTATE, HONITON, DEVON, EX14 1SE | 2017-01-12 |
| MARKET LANE, FINNIMORE INDUSTRIAL ESTATE, OTTERY ST. MARY, DEVON, EX11 1AH | 2008-12-15 |
| GISTERED OFFICE CHANGED ON 15/12/2008 FROM, MARKET LANE, FINNIMORE INDUSTRIAL ESTATE, OTTERY ST. MARY, DEVON, EX11 1AH | 2008-12-15 |
| ST SAVIOURS YARD, EXETER ROAD, OTTERY ST MARY, DEVON, EX11 1NR | 2007-09-28 |
The class of 2006
28%
of the 4,034 companies in this sector incorporated in 2006 are still active today; 70% have since been dissolved.
A fact about the year, not a forecast for this company.