Sovereign Business Integration Group Plc
02991219
Details
Compliance
Last accounts
31/03/2020
group
Next accounts due
27/09/2021
Confirmation statement
Last: 23/11/2021
Due 07/12/2022
Industry
Officers
director · Since 16/11/1994
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 79
Also on 7 other boards
director · Since 12/10/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 4 other boards
Persons with Significant Control
Mr Richard David Barker
British · United Kingdom · Age 79
Verulam Advisory, First Floor The Annexe New Barnes Mill, St Albans, AL1 2HA
Notified 06/04/2016
Charges0 outstanding
Svenska Handelsbanken Ab (Publ)
Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.
All monies due or to become due from the company to the chargee on any account whatsoever
Insolvency History1 case
William John Turner (practitioner) · Peter Nicholas Wastell (practitioner)
CompanyRankvs 15+ SIC 62020 peers30
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Emphasis of matter We draw attention to note 1.4 of the financial statement, which describe s the impact of going concern of the group . Our opinion is not modified in this respect. Material uncertainty related to going concern We draw attention to note 1.4 in the financial statements. It identified that th
Key FinancialsYear ending 31/03/2020
Net Worth
£5.1M
Balance sheet strength
Cash
£104
Cash in the bank
Net Current Assets
£5.6M
Working capital
Current Assets
£7.5M
Current Liabilities
£1.9M
Fixed Assets
£38k
Debtors
£7.5M
Profit After Tax
-£618k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 4.04 | -£426k |
| 2019 | 3.28 | — |
Derived from filed accounts. Not audited figures.