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Company No. 08568765 · Incorporated 13 Jun 2013

Covue IT Ltd

Registered name: COVUE IT LTD

Part of Redsquid Communications Ltd group

Covue IT Ltd does not publish its revenue or profit. Its accounts to 31 Mar 2025 show net assets of £675k.

Covue IT Ltd did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Mar 2025 showed net assets of £675k and 0 employees. The company is classified under “other information technology service activities” and is based in Borehamwood; we hold 3 years of its filed accounts.

Balance sheet onlySection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Borehamwood, East of England
Age
13 yrs · since 2013
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue not disclosed

Covue IT Ltd’s accounts for the year to 31 Mar 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.

We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.

Employees
0
Net assets
£675k

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LNo P&LNo P&L
Profit & loss
Revenue (turnover)———
Profit (best available)———
Employees (average)650
Ratios
Profit margin———
Growth (year on year)
Headcount growth—▼16.7%▼100%
Balance sheet — indirect signals, not revenue
Cash at bank£257k£371k£142k
Net assets£200k£386k£675k
Fixed assets£6.2k£6.3k£5k
Current assets£278k£748k£947k
Debtors£20.4k£142k£105k
Deferred income£2.1k£192k£71k
SourceFullAccounts · bulk data Mar 2025FullAccounts · bulk data Mar 2025FullAccounts · bulk data Dec 2025
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲75%
Now £675k
Cash at bank
▼62%
Now £142k
Headcount
▼100%
Now 0
Deferred income
▼63%
Now £71k
Fixed assets
▼21%
Now £5k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Redsquid Communications Ltdultimate parent75–100%
  2. Covue IT Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (15)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025, from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.