Sovereign Steel Services Limited in Mid Glamorgan, CF39 8ES

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www.sovereignsteelservices.co.uk

Description

Data updated on: 01-11-2023

This firm is located in Mid Glamorgan under the ID 03880036. The firm was started in the year 1999. The office of the firm is located at Gelligron Industrial Estate Tonyrefail. The postal code for this address is CF39 8ES. This business's SIC code is 25110 which means Manufacture of metal structures and parts of structures. Its most recent annual accounts describe the period up to 2022/12/31 and the most current annual confirmation statement was filed on 2023/10/20.

With three recruitment offers since 2014-07-17, the corporation has been active on the labour market. On 2018-01-17, it started looking for job candidates for a full time Fabricator Welder position in Porth, and on 2014-07-17, for the vacant position of a full time Steel Fabricator in Porth. As of yet, they have looked for employees for the Site fitter posts.

According to the data we have, this particular limited company was built in 1999 and has so far been managed by two directors. To provide support to the directors, the abovementioned limited company has been utilizing the skills of Adele B. as a secretary since 1999.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	19 416	6 653	1 118	156	36 756

Balance Sheet
Cash Bank In Hand					5 047
Cash Bank On Hand					5 047	2 877		21 438	715	14 450	79 465
Current Assets	96 579	69 480	54 021	80 541	123 536	83 506	92 759	143 620	76 733	86 515	169 345	123 644	105 354
Debtors	56 579	43 480	38 021	64 541	102 489	64 629	84 759	117 182	71 018	67 065	64 880	83 644	85 354
Net Assets Liabilities					36 756	17 441	22 724	46 328	562	-15 363	1 197	2 667	606
Net Assets Liabilities Including Pension Asset Liability	19 416	6 653	1 118	156	36 756
Other Debtors					17 220	18 810	20 002	16 002	9 002	15 391	3 540	48 752	41 802
Property Plant Equipment					24 135	30 125	51 996	56 817	42 613	44 322	31 192	23 364	15 381
Stocks Inventory	40 000	26 000	16 000	16 000	16 000
Tangible Fixed Assets	19 579	20 046	18 533	13 054	24 135
Total Inventories					16 000	16 000	8 000	5 000	5 000	5 000	25 000	40 000	20 000

Capital & Reserves
Called Up Share Capital	90	100	100	100	100
Profit Loss Account Reserve	19 326	6 553	1 018	56	36 656
Shareholder Funds	19 416	6 653	1 118	156	36 756

Other Financial Data
Amount Specific Advance Or Credit Directors												15 000	5 350
Amount Specific Advance Or Credit Made In Period Directors												15 000	5 350
Amount Specific Advance Or Credit Repaid In Period Directors													15 000
Accumulated Depreciation Impairment Property Plant Equipment					94 197	85 907	97 759	96 883	111 087	122 782	134 806	142 634	121 113
Average Number Employees During Period						8	7	8	9	8	8	9	8
Bank Borrowings Overdrafts							11 735			20 000	14 834	10 838	6 838
Creditors					12 204	16 362	24 883	30 121	18 146	6 548	17 803	10 838	6 838
Creditors Due After One Year	2 503				12 204
Creditors Due Within One Year	92 329	79 784	68 347	91 135	94 391
Disposals Decrease In Depreciation Impairment Property Plant Equipment						18 330		14 191			1 106		29 504
Disposals Property Plant Equipment						20 850		14 549			1 106		29 504
Dividends Paid											203 000	125 000	36 500
Finance Lease Liabilities Present Value Total					12 204	16 362	24 883	30 121	18 146	6 548	2 969	3 978
Increase Decrease In Property Plant Equipment						14 500	22 983	18 295
Increase From Depreciation Charge For Year Property Plant Equipment						10 040	11 852	13 315	14 204	11 695	13 130	7 828	7 983
Merchandise					16 000	16 000	8 000	5 000	5 000	5 000	25 000	40 000	20 000
Net Current Assets Liabilities	4 250	-10 304	-14 326	-10 594	29 145	9 697	5 490	30 427	-15 809	-44 716	-6 266	-5 420	-4 920
Number Shares Allotted	90	100	100	100	100
Other Creditors					3 000	3 106	5 594	5 813	3 630	14 659	7 646	8 842	7 809
Other Taxation Social Security Payable					24 959	18 760	25 659	42 494	42 894	27 098	62 633	42 286	54 086
Par Value Share		1	1	1	1
Profit Loss											219 560	126 470	34 439
Property Plant Equipment Gross Cost					118 332	116 032	149 755	153 700	153 700	167 104	165 998	18 295	136 494
Provisions For Liabilities Balance Sheet Subtotal					4 320	6 019	9 879	10 795	8 096	8 421	5 926	4 439	3 017
Provisions For Liabilities Charges	1 910	3 089	3 089	2 304	4 320
Secured Debts	8 199	5 875	3 265	653	14 768
Share Capital Allotted Called Up Paid	90	100	100	100	100
Tangible Fixed Assets Additions		10 950	3 500		16 060
Tangible Fixed Assets Cost Or Valuation	102 322	98 772	102 272	102 272	118 332
Tangible Fixed Assets Depreciation	82 743	78 726	83 739	89 218	94 197
Tangible Fixed Assets Depreciation Charged In Period		5 773	5 013	5 479	4 979
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		9 790
Tangible Fixed Assets Disposals		14 500
Total Additions Including From Business Combinations Property Plant Equipment						18 550	33 723	18 494		13 404
Total Assets Less Current Liabilities	23 829	9 742	4 207	2 460	53 280	39 822	57 486	87 244	26 804	-394	24 926	17 944	10 461
Trade Creditors Trade Payables					63 868	45 201	35 104	52 129	34 043	57 876	94 440	57 236	36 599
Trade Debtors Trade Receivables					85 269	45 819	64 757	101 180	62 016	51 674	61 340	34 892	43 552