COVEN-SA LIMITED

🌳Matureactive

SC063213 · ltd · incorporated 1977-10-05

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 48.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£1.09M

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 48.4y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 48.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (2 active, 8 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 6 total, 6 with control declared

Director network

1 connected companies via shared directors

Filing history

147 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,094,786

Cash YoY

-10%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£7k

↓ 9.6% YoY

Net Worth

£1.1m

↑ 6.7% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Cash	£7.4k	£8.1k
Net assets	£1.09M	£1.03M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

• 2 officers
• 1 persons-with-significant-control

Last 90 days

filings

• 2 officers
• 1 persons-with-significant-control
• 1 address

Last 180 days

filings

• 2 officers
• 1 persons-with-significant-control
• 1 address

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-02-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-24
📄
change-person-director-company-with-change-date
officers · CH01
2022-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-03-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2021-09-15
📄
change-person-director-company-with-change-date
officers · CH01
2021-05-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-13
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2020-01-24
🔓
Charge satisfied #1
2019-06-26
➕
YOUNG, Anna Zette appointed
director
2019-06-26
➖
PERCH-NIELSEN, Lynda Zette resigned
director
2018-03-15
➖
PERCH-NIELSEN, Klaus resigned
director
2015-09-16
➖
DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED resigned
corporate-secretary
2002-06-01
➕
PERCH-NIELSEN, Niklaus appointed
director
2000-08-17
➕
DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED appointed
corporate-secretary
2000-08-17
➖
DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED resigned
corporate-secretary
1999-04-23
➖
BARBER FLEMING, Anthony John resigned
secretary
1999-04-23
➕
DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED appointed
corporate-secretary
1998-07-10
➕
BARBER FLEMING, Anthony John appointed
secretary
1998-07-10
➖
THORNTONS WS resigned
corporate-nominee-secretary
1977-11-20
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1977-10-05
🏢
Company incorporated
As COVEN-SA LIMITED

Owner dependency

68/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 49 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Taijo Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Taijo Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

COVEN-SA LIMITED

This company · SC063213

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Taijo Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	26/06/2019

5 historic (ceased) PSCs

Ingrid Mulhollandceased 26/06/2019· 25-50% shares
Anna Zette Youngceased 26/06/2019· 50-75% shares
Mr Klaus Perch-Nielsenceased 06/04/2016· 25-50% shares
Lynda Zette Perch-Nielsenceased 06/04/2016· 25-50% shares
Niklaus Perch-Nielsenceased 06/04/2016· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

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1295 TAXIS LTD.→ SC587873 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
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APGL HOLDINGS 2023 LIMITED→ SC781717 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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BATHROOM PLANET HOLDINGS LTD→ SC709905 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
BOLDRAM PROPERTY MANAGEMENT LTD→ 15569435 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
BRADA MANAGEMENT LIMITED→ 11206829 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
BRAGG GROUP LTD→ 09800076 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated1977-10-05

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

C/O Rennie Welch Llp Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-09-22

Last: 2025-09-08

Officers (2 active · 6 resigned)

PERCH-NIELSEN, Niklaus→

director · ~53y · appointed 2002-06-01

View their other companies + combined net worth →

Active

YOUNG, Anna Zette→

director · ~54y · appointed 2019-06-26

View their other companies + combined net worth →

Active

BARBER FLEMING, Anthony John→

secretary · appointed 1998-07-10 · resigned 1999-04-23

Resigned

DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED→

corporate-secretary · appointed 2000-08-17 · resigned 2015-09-16

Resigned

DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED→

corporate-secretary · appointed 1999-04-23 · resigned 2000-08-17

Resigned

THORNTONS WS→

corporate-nominee-secretary · resigned 1998-07-10

Resigned

PERCH-NIELSEN, Klaus→

director · ~89y · resigned 2018-03-15

Resigned

PERCH-NIELSEN, Lynda Zette→

director · ~81y · resigned 2019-06-26

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	20/11/1977	24/01/2020

Recent filings (147 total)

change-person-director-company-with-change-date

officers · CH01

2026-03-31

change-person-director-company-with-change-date

officers · CH01

2026-03-31

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2026-03-31

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-03-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-15

confirmation-statement-with-updates

confirmation-statement · CS01

2025-09-08

change-person-director-company-with-change-date

officers · CH01

2025-09-08

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-02-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-03

confirmation-statement-with-updates

confirmation-statement · CS01

2024-09-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-03-28

confirmation-statement-with-updates

confirmation-statement · CS01

2023-09-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-03-31

confirmation-statement-with-updates

confirmation-statement · CS01

2022-09-25

change-person-director-company-with-change-date

officers · CH01

2022-09-24