London Sovereign Limited
02467207
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
31/12/2026
Confirmation statement
Last: 03/01/2026
Due 17/01/2027
Industry
Officers
director · Since 01/07/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 3 other boards
director · Since 28/02/2025
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 58
Also on 88 other boards
director · Since 28/02/2025
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 42
Also on 51 other boards
Persons with Significant Control
First Bus London Limited
8th Floor, The Point, London, W2 1AF
Reg: 13610251 · Companies House · Private Limited Company
Notified 11/12/2021
Former PSCs
Ratp Dev Transit London Ltd
Ceased 11/12/2021
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
HSBC BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LONDON REGIONAL TRANSPORT
NATIONAL WESTMINSTER BANK PLC
NATWEST INVESTMENT BANK LIMITED
CompanyRankvs 142+ SIC 49319 peers48
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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
£1.2M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£5.5M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
—
Cost of Sales
£52.4M
Admin Expenses
£9.1M
Profit After Tax
-£5.5M
People Costs
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£0 |
Derived from filed accounts. Not audited figures.