Sovereign Strategy Limited in Newcastle Upon Tyne, NE1 1RN

Description

Data updated on: 01-11-2023

03820426 is a registration number of Sovereign Strategy Limited. The company was registered as a Private Limited Company on August 5, 1999. The company has been operating in this business for the last twenty five years. This enterprise could be found at 17 Queens Lane in Newcastle Upon Tyne. The office's area code assigned to this place is NE1 1RN. Despite the fact, that currently it is operating under the name of Sovereign Strategy Limited, it had the name changed. The company was known under the name Finalgate until January 13, 2000, then the company name was replaced by Finalgate Strategy. The definitive transformation occurred on February 4, 2000. This enterprise's classified under the NACE and SIC code 82990 which means Other business support service activities not elsewhere classified. March 31, 2022 is the last time company accounts were reported.

Taking into consideration this firm's register, since November 2021 there have been three directors: Jonothon D., Hatice K. and Alan D..

Previous company's names
Sovereign Strategy Limited 2000-02-04
Finalgate Strategy Limited 2000-01-13
Finalgate Limited 1999-08-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	94 035	-24 886	1 279	701 438	242 991	111 128

Balance Sheet
Cash Bank In Hand	23 481	12 544	39 894	653 907	48 334	12 909
Cash Bank On Hand						12 909	47 629	1 653	11 536	4 676	20 477	140 907	42 735
Current Assets	475 161	443 783	674 421	1 092 759	495 617	386 337	517 673	491 861	503 576	331 374	626 709	1 151 587	1 246 726
Debtors	451 680	431 239	634 527	438 852	447 283	373 428	470 044	490 208	492 040	326 698	606 232	1 010 680	1 203 991
Net Assets Liabilities						111 128	293 056	152 415	151 689	-45 293	409 024	859 954	689 280
Net Assets Liabilities Including Pension Asset Liability	94 035	-24 886	1 279	701 438	242 991	111 128
Other Debtors						217 958	268 939	406 594	373 789	180 805	340 839	586 293	909 681
Property Plant Equipment						7 466	7 503	5 628	5 498	60 438	55 940	47 705
Tangible Fixed Assets	4 671	5 560	4 243	3 749	5 617	7 466

Capital & Reserves
Called Up Share Capital	102	102	102	127	127	127
Profit Loss Account Reserve	93 933	-24 988	1 177	1 336	-457 111	-588 974
Shareholder Funds	94 035	-24 886	1 279	701 438	242 991	111 128

Other Financial Data
Amount Specific Advance Or Credit Directors					16 667	7 831		119 017	55 501	68 715	164 510	10 400	411 738
Amount Specific Advance Or Credit Made In Period Directors						46 164	70 405	119 017	95 572	137 692	115 795	10 400	187 352
Amount Specific Advance Or Credit Repaid In Period Directors						55 000	78 236	1 537	214 589	124 478	20 000	234 179
Accumulated Depreciation Impairment Property Plant Equipment						136 936	139 058	140 933	142 766	153 364	172 010	187 565	164 861
Amounts Owed By Group Undertakings									21 250	35 893	1 393	26 541
Amounts Owed To Group Undertakings													15 165
Average Number Employees During Period						8	7	7	7	7	8	9	12
Bank Borrowings Overdrafts											42 663	32 665	10 150
Creditors						20 000	20 000	20 000	21 024	66 099	100 319	81 582	436 844
Creditors Due After One Year		91 008	20 000	20 000	20 000	20 000
Creditors Due Within One Year	385 797	383 221	657 385	375 070	238 243	262 675
Disposals Decrease In Depreciation Impairment Property Plant Equipment													29 089
Disposals Property Plant Equipment													57 283
Finance Lease Liabilities Present Value Total										46 099	8 444	8 739
Fixed Assets									5 498	60 538	56 040	47 805	19 252
Future Minimum Lease Payments Under Non-cancellable Operating Leases						128 510	118 898	110 513	10 768	120 200	120 200	9 518	46 400
Increase From Depreciation Charge For Year Property Plant Equipment							2 122	1 875	1 833	10 598	18 646	15 555	6 385
Investments In Group Undertakings										100	100	100	100
Net Current Assets Liabilities	89 364	60 562	17 036	717 689	257 374	123 662	305 553	166 787	167 215	146 638	453 890	893 731	809 882
Number Shares Allotted		1	1	1	1	1
Other Creditors						20 000	20 000	20 000	21 024	20 000	20 000	20 000	12 839
Other Remaining Borrowings						20 000	20 000	20 000	20 000	20 000	20 000	20 000	20 000
Other Taxation Social Security Payable						85 759	54 762	58 702	60 131	31 467	87 799	188 267	348 840
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						144 402	146 561	146 561	148 264	213 802	227 950	235 270	184 013
Share Capital Allotted Called Up Paid	1	1	1	1	1	1
Share Premium Account				699 975	699 975	699 975
Tangible Fixed Assets Additions		3 522	1 461	2 703	4 163	3 487
Tangible Fixed Assets Cost Or Valuation	129 066	132 588	134 049	136 752	140 915	144 402
Tangible Fixed Assets Depreciation	124 395	127 028	129 806	133 003	135 298	136 936
Tangible Fixed Assets Depreciation Charged In Period		2 633	2 778	3 197	2 295	1 638
Total Additions Including From Business Combinations Property Plant Equipment							2 159		1 703	65 538	14 148	7 320	6 026
Total Assets Less Current Liabilities	94 035	66 122	21 279	721 438	262 991	131 128	313 056	172 415	172 713	207 176	509 930	941 536	829 134
Trade Creditors Trade Payables						91 220	45 301	80 233	72 626	29 479	45 381	35 742	49 850
Trade Debtors Trade Receivables						155 470	201 105	83 614	97 001	110 000	264 000	397 846	294 310
Advances Credits Directors	30 563	42 035	21 728	154 675	16 667	7 831
Advances Credits Made In Period Directors	18 857	145 005	20 307	245 976	171 637
Advances Credits Repaid In Period Directors	26 636	102 970		422 379	295
Provisions For Liabilities Balance Sheet Subtotal											587