COVARIANCE LTD

Company number 09347978 · Active

COVARIANCE LTD is a private limited company registered in REDHILL, United Kingdom, incorporated on 9 Dec 2014. Its registered activity is manufacture of other knitted and crocheted apparel. Its latest published accounts for the period ending 31 Dec 2025 show equity of £211k, total assets of £67k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Industry2.2×14 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Company age (years)1.6×6.256–12.986 · 0.18 % became insolvent

Lowers the risk

Region0.2×RH · 0.02 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
09347978 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Dec 2014 (12 years)
Registered address
RH1 4QH REDHILL
Postcode area
Redhill
Activity
14390 Manufacture of other knitted and crocheted apparel
Industry
Manufacture of wearing apparel
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202526 Sep 2026– –£211k£67k £460£39k2
31 Dec 202415 Sep 2025– –£203k£80k £1,646£38k2
31 Dec 202315 Sep 2024– –£218k£219k £1,017£174k2
31 Dec 202115 Dec 2022– –£161k£161k £141–2
31 Dec 202015 Sep 2021– –£178k£200k £23k–1
31 Dec 201915 Sep 2020– –£85k£85k £346–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Redhill

Questions about COVARIANCE LTD

What is the company number of COVARIANCE LTD?

COVARIANCE LTD is registered under company number 09347978 in the official register of United Kingdom. View it at the official register.

Is COVARIANCE LTD still active?

Yes. COVARIANCE LTD is registered as active (status: Active).

Has COVARIANCE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for COVARIANCE LTD in the official data.

How likely is COVARIANCE LTD to become insolvent?

Our model estimates a 0.00 % probability that COVARIANCE LTD becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was COVARIANCE LTD founded?

COVARIANCE LTD was incorporated on 9 Dec 2014.

Where is COVARIANCE LTD registered?

COVARIANCE LTD's registered address is in RH1 4QH REDHILL (Redhill), United Kingdom.

What do the latest accounts of COVARIANCE LTD show?

The latest published accounts (period ending 31 Dec 2025) show equity of £211k, total assets of £67k, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.