Sovereignage Limited
10171654
Some Concerns
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2023
micro entity
Next accounts due
31/05/2025
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
Former
director · Resigned 13/06/2023
director · Resigned 10/12/2025
director · Resigned 10/12/2025
Persons with Significant Control
Mr Sayed Zaynal Abedin
British · United Kingdom · Age 53
11, Mortham Street, London, E15 3LS
Notified 10/05/2016
Change History
Active - Proposal to Strike off
Private Limited Company
11 MORTHAM STREET
LONDON
CompanyRankvs 7837+ SIC 46900 peers60
Show leaderboard
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 31/05/2023
Net Worth
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£22k
Current Liabilities
£405
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 53.39 | +£15k |
| 2022 | 24.31 | +£10k |
| 2021 | 18.38 | — |
Derived from filed accounts. Not audited figures.