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Sovereign Financial Planners Limited

09827722

active
ltd
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

6 Friar Lane, Leicester, LE1 5RA
Incorporated 16/10/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 19/05/2026

Due 02/06/2027

On track

Industry

64999
Other financial service activities
66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Rikesh Dhirajlal Bathia

director · Since 16/10/2015

FINANCIAL ADVISOR

BRITISH · UNITED KINGDOM · Age 41

Also on 4 other boards

Rikesh Dhirajlal Bathia

director · Since 16/10/2015

British · United Kingdom · Age 41

Persons with Significant Control

Mr Rikesh Dhirajlal Bathia

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 41

247 Swithland Lane, Rothley, LE7 7SJ

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/03/2026Registered 20/03/2026

Change History

statusactive
2026-06-12

Active

typeltd
2026-06-12

Private Limited Company

address line16 Friar Lane
2026-06-12

1ST FLOOR

post townLeicester
2026-06-12

LEICESTER

postcodeLE1 5RA
2026-06-12

LE1 6TE

officer appointedBATHIA, Rikesh Dhirajlal
2026-06-12

CompanyRankvs 3235+ SIC 64999 peers
56

Financial strength73th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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.

Longevity11/15 pts

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

Filing compliance15/15 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

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

£56k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£104k

Current Liabilities

£45k

Fixed Assets

£4k

Debtors

£29k

3avg. employees

Tax at Year End(2022)

Corp tax£710
Dividends paid£5k

Balance Sheet

Assets less current liabilities£63k
Signed by Mr Rikesh Bathia 28 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.29+£5k
20232.58-£4k
20223.59-£3k
20213.44+£535
20206.87+£354
20193.15+£2k
20182.24

Derived from filed accounts. Not audited figures.