COVERT UK TOPCO LIMITED - Profile & Financials

Accounts Submitted 18 Sept 2025

Confirmation Statement Submitted 12 Feb 2025

Net assets £635.06M £702.33K 2024 year on year

Total assets £635.14M £665.07K 2024 year on year

Total Liabilities £87.58K £37.25K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

7 Albemarle Street London W1S 4HQ England

Credit Report

Discover COVERT UK TOPCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2022–2024)

Cash in Bank

£580.00

Increased by £59.00 (+11%)

Net Assets

£635.06M

Decreased by £702.33k (-0%)

Total Liabilities

£87.58k

Increased by £37.25k (+74%)

Turnover

N/A

Employees

N/A

Debt Ratio

N/A

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

12 Allotments 9,719,588,373 Shares £97.79m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
7 Jun 2023	B ORDINARY	16,630,887	£162k	£0.01
7 Jun 2023	C ORDINARY	7,472	£12k	£1.673
7 Jun 2023	C ORDINARY	44,829	£75k	£1.673
7 Jun 2023	C ORDINARY	44,830	£75k	£1.673
30 May 2023	C ORDINARY	179,319	£300k	£1.673

Officers

2 active

Show resigned officers

						Status
Max Anthony Philip Seely	Director	British	England	32	1 Jun 2022	Active
Thomas Edward Spicer	Director	British	United Kingdom	44	1 Jun 2022	Active

Shareholders

Shareholders (17)


Miriam Valerie Greenwood	0.0%	10,000,000	B Ordinary	12 Feb 2025
Philip Nolan	0.0%	50,000	E Ordinary	12 Feb 2025
Philip Nolan	0.0%	0	A Ordinary	12 Feb 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Eqt Infrastructure V Co-investment (b) Scsp

Luxembourg

Active

Notified 28 Oct 2022

Nature of Control

Voting Rights 25 To 50 Percent

Covert Luxco Ii S.à R.l.

Luxembourg

Active

Notified 28 Oct 2022

Nature of Control

Voting Rights 50 To 75 Percent
Right To Appoint And Remove Directors

Thomas Edward Spicer

Ceased 28 Oct 2022

Ceased

See All Controllers

Group Structure

EQT INFRASTRUCTURE V CO-INVESTMENT (B) SCSP luxembourg

COVERT LUXCO II S.À R.L. luxembourg

COVERT UK TOPCO LIMITED Current Company

ENCYCLIS HOLDCO LIMITED united kingdom shares 75 to 100 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
5 Nov 2025	Capital	Capital Return Purchase Own Shares	View(4 pages)
18 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(11 pages)
18 Sept 2025	Capital	Capital Cancellation Shares	View(10 pages)
18 Sept 2025	Capital	Capital Return Purchase Own Shares	View(4 pages)
14 Jul 2025	Capital	Capital Cancellation Shares	View(10 pages)