New Sovereign Cars Ltd
06366419
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 11/09/2025
Due 25/09/2026
Industry
Officers
Abid Rehman
director · Since 11/09/2007
British
Former
Muhammad Yousaf
secretary · Resigned 12/09/2007
Incorporate Secretariat Limited
corporate nominee secretary · Resigned 11/09/2007
Afraz Mahmood
director · Resigned 01/10/2008
Atique Ur Rehman
director · Resigned 28/09/2011
Muhammad Yousaf
director · Resigned 30/05/2008
CompanyRankvs 38830+ SIC 49320 peers66
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£40k
Current Liabilities
£49k
Fixed Assets
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.82 | -£8k |
| 2023 | 1.05 | — |
Derived from filed accounts. Not audited figures.