Sovereign Wines Ltd in Devon, PL19 9QN

Description

Data updated on: 01-11-2023

Sovereign Wines Ltd has been prospering on the British market for twenty one years. Started with Registered No. 04789235 in 2003, the company have office at Unit 22-24 Plymouth Road Industrial Estate, Devon PL19 9QN. The firm has a history in business name changes. In the past, this company had two different names. Until 2020 this company was run as Steevenson Wines and up to that point its company name was Charles Steevenson Wines. The company's classified under the NACE and SIC code 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages. The firm's most recent annual accounts cover the period up to 2023-01-31 and the most current annual confirmation statement was submitted on 2023-04-29.

According to the official data, the company is overseen by one director: Michael M., who was assigned to lead the company on 1st July 2020. Since June 2003 Graham W., had been fulfilling assigned duties for this specific company up to the moment of the resignation in 2003. In addition another director, including Moira S. quit on 1st July 2020.

Previous company's names
Sovereign Wines Ltd 2020-07-04
Steevenson Wines Limited 2016-02-26
Charles Steevenson Wines Limited 2003-06-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-01-31
Currency
Net Worth	243 371	335 709	187 407

Balance Sheet
Cash Bank On Hand			98 224	1 284	16 080	8 322	10 694	62 051	48 772
Current Assets	460 422	493 101	456 147	362 724	369 734	355 128	269 019	218 440	356 720
Debtors	125 276	135 605	141 271	124 999	126 029	135 809	107 932	31 889	128 711
Net Assets Liabilities			187 406	149 262	87 345	79 375	91 303	126 703	141 508
Other Debtors			5 900	5 900
Property Plant Equipment			85 967	78 572	73 091	71 342	51 244	57 568	102 409
Total Inventories			216 652	236 441	227 625	210 997	150 393	124 500	179 237
Cash Bank In Hand	100 810	161 290	98 224
Intangible Fixed Assets	52 267	46 667	41 067
Net Assets Liabilities Including Pension Asset Liability	243 371	335 709	187 407
Stocks Inventory	234 336	196 206	216 652
Tangible Fixed Assets	80 039	95 284	85 968

Capital & Reserves
Called Up Share Capital	2	2	2
Profit Loss Account Reserve	243 369	335 707	187 405
Shareholder Funds	243 371	335 709	187 407

Other Financial Data
Accrued Liabilities					5 271	4 381	1 500
Accrued Liabilities Deferred Income							1 500	1 809	2 181
Accumulated Amortisation Impairment Intangible Assets			70 933	76 533	82 133	87 733	93 333	98 933	104 066
Accumulated Depreciation Impairment Property Plant Equipment			77 522	92 322	100 078	115 192	84 305	64 844	84 605
Additions Other Than Through Business Combinations Property Plant Equipment				10 655	29 770	22 280
Average Number Employees During Period			14	13	12	18	17	11	13
Bank Borrowings Overdrafts					10 297	40 166	28 324	6 311	25 807
Bank Overdrafts				19 760	10 297
Carrying Amount Property Plant Equipment With Restricted Title					15 248	27 482	17 000
Corporation Tax Payable								3 756	11 969
Creditors			387 775	326 501	381 006	354 934	236 138	114 279	164 449
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-1 575	-7 628			-30 490	-500
Disposals Property Plant Equipment				-3 250	-27 495			-40 589	-2 000
Dividends Paid On Shares								26 200	67 000
Equity Securities Held					2 000	2 000	2 000
Finance Lease Liabilities Present Value Total			12 260		1 231	4 231	4 257	3 028	10 989
Financial Assets				2 000	2 000
Financial Commitments Other Than Capital Commitments			120 000	90 000	60 000
Finished Goods Goods For Resale					227 625	210 997	150 393	124 500	179 237
Fixed Assets	132 306	141 951	127 035	116 039	104 958	97 609	71 911	72 635	112 343
Increase Decrease In Depreciation Impairment Property Plant Equipment								1 244	2 660
Increase From Amortisation Charge For Year Intangible Assets				5 600	5 600	5 600	5 600	5 600	5 133
Increase From Depreciation Charge For Year Property Plant Equipment				16 375	15 384	17 778	11 480	11 029	20 261
Intangible Assets			41 067	35 467	29 867	24 267	18 667	13 067	7 934
Intangible Assets Gross Cost			112 000	112 000	112 000	112 000	112 000	112 000	112 000
Investments					2 000	2 000	2 000	2 000	2 000
Investments Fixed Assets							2 000	2 000	2 000
Investments In Other Entities Measured Fair Value								2 000	2 000
Loans From Directors						167 773	124 549	3 769	23 540
Net Current Assets Liabilities	133 047	213 018	68 372	36 223	-11 272	194	32 881	104 161	192 271
Nominal Value Allotted Share Capital					2	2	2
Number Shares Allotted	2	2	2			2	2
Other Creditors			267 990	229 438	197 678	167 773	809	28 088	1 422
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						2 664	42 367
Other Disposals Property Plant Equipment						8 915	50 985
Other Payables Accrued Expenses			2 940	2 995	5 271
Other Taxation Social Security Payable							24 151	35 935	21 763
Par Value Share		1	1			1	1
Prepayments			2 074		2 942
Prepayments Accrued Income					2 942	5 336	4 773	1 987	4 430
Property Plant Equipment Gross Cost			163 489	170 894	173 169	186 534	135 549	122 412	187 014
Provisions For Liabilities Balance Sheet Subtotal			8 000	3 000
Taxation Social Security Payable			44 789	33 201	31 827	32 001	24 151
Total Additions Including From Business Combinations Property Plant Equipment								27 452	66 602
Total Assets Less Current Liabilities	265 353	354 969	195 407	152 262	93 686	97 803	104 792	176 796	304 614
Total Borrowings			12 260	19 760	6 341
Trade Creditors Trade Payables			59 796	41 107	134 702	106 382	52 548	31 583	66 778
Trade Debtors Trade Receivables			133 297	119 099	123 087	130 473	103 159	29 902	124 281
Creditors Due After One Year	15 482	12 260
Creditors Due Within One Year	327 375	280 083	387 775
Provisions For Liabilities Charges	6 500	7 000	8 000
Value Shares Allotted	2	2	2