Sovereign Credit Corporation Ltd
08280206
Healthy
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/11/2025
Due 19/11/2026
Industry
Officers
Former
director · Resigned 04/06/2017
Persons with Significant Control
Mr Gurnek Mitch Singh Matharu
British · England · Age 50
1, Egerton Court, London, SW7 3HT
Notified 06/04/2016
Change History
Active
Private Limited Company
1 EGERTON COURT
LONDON
CompanyRankvs 6990+ SIC 96090 peers79
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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 31/12/2024
Net Worth
£871k
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
£871k
Working capital
Current Assets
£1.2M
Current Liabilities
£280k
Fixed Assets
£50
Debtors
£95k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.12 | +£832k |
| 2023 | 15.92 | +£11k |
| 2022 | 212.50 | -£95 |
| 2021 | 213.33 | -£314 |
| 2020 | 4.21 | +£25k |
| 2019 | 2.08 | -£82 |
| 2018 | 2.10 | — |
Derived from filed accounts. Not audited figures.