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Sovereign Development Group Limited

15215267

active
ltd
england wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

Unit 15 St Annes Industrial Estate, St. Annes Road, Willenhall, WV13 1SA
Incorporated 17/10/2023

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mudassar Ali

director · Since 17/10/2023

British · England · Age 38

Mohammed Samir Saleem Maqbool

director · Since 17/10/2023

English · England · Age 33

Persons with Significant Control

Mr Mudassar Ali

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

12 Welney Road, Manchester, M16 0EN

Notified 17/10/2023

Mr Mohammed Samir Saleem Maqbool

25–50% shares
25–50% votes
Appoint directors

English · England · Age 33

12 Welney Road, Manchester, M16 0EN

Notified 17/10/2023

Charges2 outstanding

Charge
outstanding

HOPE CAPITAL 3 LIMITED

Created 28/05/2024Registered 05/06/2024
Charge
outstanding

HOPE CAPITAL 3 LIMITED

Created 28/05/2024Registered 05/06/2024

Insolvency History1 case

receiver manager

Daniel Mark Richardson (receiver manager) · Edward Gee (receiver manager)

Change History

status → active
2026-06-07

Active

type → ltd
2026-06-07

Private Limited Company

address line1 → Unit 15 St Annes Industrial Estate
2026-06-07

UNIT 15 ST ANNES INDUSTRIAL ESTATE

post town → Willenhall
2026-06-07

WILLENHALL

officer appointed → ALI, Mudassar
2026-06-07
officer appointed → MAQBOOL, Mohammed Samir Saleem
2026-06-07

CompanyRankvs 42935+ SIC 41202 peers
22

Financial strength81th percentile among SIC peers · 20/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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42935Sovereign Development Group Limited
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How is this score calculated?
Financial strength20/25 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.

Liquidity2/20 pts

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

Longevity3/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£46k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£2k

Current Liabilities

£10k

Fixed Assets

£499k

Debtors

£588

0avg. employees

Balance Sheet

Assets less current liabilities£491k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.22

Derived from filed accounts. Not audited figures.