Sovereign Strategy Limited
03820426
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/11/2025
Due 04/12/2026
Industry
Officers
Former
corporate director · Resigned 09/11/1999
corporate secretary · Resigned 09/11/1999
director · Resigned 30/11/2002
director · Resigned 16/12/2005
director · Resigned 10/07/2006
director · Resigned 30/05/2007
director · Resigned 30/05/2007
director · Resigned 30/05/2007
secretary · Resigned 08/06/2016
director · Resigned 03/11/2021
secretary · Resigned 03/11/2021
director · Resigned 13/02/2025
director · Resigned 28/07/2025
Persons with Significant Control
Mr Jonothon Alan Donnelly
British · United Kingdom · Age 45
31, Penrose Place, Hebburn, NE31 2AY
Notified 20/11/2025
Former PSCs
Mr Alan John Donnelly
Ceased 20/11/2025
Charges1 outstanding
HSBC BANK PLC
THE CO-OPERATIVE BANK PLC
Change History
Active
Private Limited Company
87 STATION ROAD
ASHINGTON
CompanyRankvs 10236+ SIC 82990 peers69
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£366k
Balance sheet strength
Cash
£69k
Cash in the bank
Net Current Assets
£377k
Working capital
Current Assets
£1.2M
Current Liabilities
£841k
Fixed Assets
£13k
Debtors
£1.1M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.45 | +£531k |
| 2024 | 0.86 | -£854k |
| 2023 | 2.85 | -£171k |
| 2022 | 4.47 | +£451k |
| 2021 | 3.63 | +£454k |
| 2020 | 0.89 | -£197k |
| 2019 | 1.50 | -£726 |
| 2018 | 1.51 | — |
Derived from filed accounts. Not audited figures.