Sovrin Plastics Limited
00958135
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 04/04/2026
Due 18/04/2027
Industry
Officers
James Paul Joiner
secretary · Since 19/12/2022
Adrian Clive Hill
director · Since 01/12/2024
British
James Paul Joiner
director · Since 26/03/2023
British
Former
Norman Ernest Joiner
secretary · Resigned 03/12/2002
Peter Joiner
secretary · Resigned 19/12/2022
Norman Ernest Joiner
director · Resigned 03/12/2002
Peter Joiner
director · Resigned 03/06/2024
Martin Robert Long
director · Resigned 10/12/2008
Andrew John Rankin
director · Resigned 29/08/2025
Keith Rawlinson
director · Resigned 30/04/2025
Alan Michael Sarney
director · Resigned 28/06/1991
CompanyRankvs 105+ SIC 22290 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£12.6M
Balance sheet strength
Cash
£3.1M
Cash in the bank
Net Current Assets
£4.8M
Working capital
Current Assets
£6.1M
Current Liabilities
£1.3M
Fixed Assets
£8.5M
Debtors
£1.4M
Cost of Sales
£10.0M
Admin Expenses
£1.2M
Profit After Tax
-£9k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.79 | +£382k |
| 2023 | 5.57 | +£576k |
| 2022 | 13.67 | — |
Derived from filed accounts. Not audited figures.