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Sovaria Limited

07067504

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
58 / 100

Notable Risks

10/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1 Blossom Yard, Fourth Floor, London, E1 6RS
Incorporated 05/11/2009

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

70100
Activities of head offices

Officers

Reed Smith Corporate Services Limited

corporate secretary · Since 05/11/2009

Reg: 1865431

Andrew Edward White

director · Since 05/11/2009

British · Scotland · Age 63

Former

Neil Armstrong Mcmyn

director · Resigned 04/12/2009

Persons with Significant Control

Mr Andrew Edward White

75–100% shares

British · Scotland · Age 63

The Round House, Woodbush, Dunbar, EH42 1HB

Notified 28/04/2016

Charges1 outstanding

charge
outstanding

MATRIX-SECURITIES LIMITED (IN ADMINISTRATION)

Created 21/12/2012Registered 07/01/2013

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line11 Blossom Yard
2026-06-04

1 BLOSSOM YARD

post townLondon
2026-06-04

LONDON

officer appointedREED SMITH CORPORATE SERVICES LIMITED
2026-06-04
officer appointedWHITE, Andrew Edward
2026-06-04

CompanyRankvs 5438+ SIC 70100 peers
41

Financial strength74th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 283.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 pts

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

in the Middle East property market. Given current economic conditions it is considered that this dependence may cast significant doubt over the ability of the Sovaria group to continue as a going concern. The financial statements do no include any adjustments that would result in the basis of preparation being inappropriate. 3. EMPLOYEES AND DIRECTORS The average number of employees duri

Key FinancialsYear ending 30/06/2024

Net Worth

£484k

Balance sheet strength

Cash

£21

Cash in the bank

Net Current Assets

£412k

Working capital

Current Assets

£414k

Current Liabilities

£1k

Debtors

£414k

0avg. employees-1

Tax at Year End(2020)

Corp tax£0

Balance Sheet

Assets less current liabilities£904k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024283.19-£178k
2023405.20
20221.40
20211.38
20201.37

Derived from filed accounts. Not audited figures.