SOVEREIGN ADVANCES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-13 (in 10mo)
Last made up 2026-02-27
Watchouts
None on the register
Cash
£37K
+8.8% vs 2024
Net assets
£13K
0% vs 2024
Employees
0
Average over period
Profit before tax
£6K
+20% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£3,000 | -£3,000 | |
| Profit before tax | £5,000 | £6,000 | |
| Net profit | £5,000 | £6,000 | |
| Cash | £34,000 | £37,000 | |
| Total assets less current liabilities | £175,013,000 | £175,013,000 | |
| Net assets | £13,000 | £13,000 | |
| Equity | £13,000 | £13,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+8.8%
£34,000 £37,000
-
Net assets
0%
£13,000 £13,000
-
Employees
—
Not reported
-
Operating profit
0%
-£3,000 -£3,000
-
Profit before tax
+20%
£5,000 £6,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | |
| Gearing (liabilities / total assets) | 100.0% | 100.0% | |
| Current ratio | 2465.27x | 2365.36x | |
| Interest cover | -0.00x | -0.00x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SOVEREIGN ADVANCES LIMITED 2009-08-13 → present
- STILLNESS 974 LIMITED 2009-06-09 → 2009-08-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being a period of 12 months after the date on which the report and financial statements are signed. For this reason, it continues to adopt the going concern basis in the financial statements.”
Group structure
- SOVEREIGN ADVANCES LIMITED · parent
- Sovereign Housing Capital plc 99%
Significant events
- “On 31 March 2025 a Transfer of Engagements, conducted under section 110 of the Co-Operative Benefit Societies Act 2014, took place resulting in the statutory vesting of all the assets and liabilities of Sovereign Network Homes into Sovereign Housing Association Limited trading as Sovereign Network Group.”
- “On 1 April 2025 Sovereign Housing Association Limited legally changed its name to Sovereign Network Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERRIS, Charlotte | Secretary | 2020-12-03 | — | — |
| BENZ, Peter | Director | 2023-10-01 | Jul 1977 | British |
| DHOLAKIA, Anup Kumar | Director | 2024-09-19 | Jun 1988 | British |
| GILBERT, Graeme Andrew | Director | 2019-11-21 | Jul 1977 | British |
| WASHER, Mark Wyatt | Director | 2018-06-18 | Mar 1961 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EGAN, Shane | Secretary | 2016-01-01 | 2016-10-31 |
| HUCKERBY, Martin John | Secretary | 2009-08-11 | 2010-06-10 |
| LYNCH, Valerie Ann | Secretary | 2010-06-10 | 2016-01-01 |
| MCKENNA, Claire Marie | Secretary | 2017-01-26 | 2020-12-03 |
| T&H SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2009-06-09 | 2009-08-11 |
| AKUSHIE, Rita | Director | 2018-10-15 | 2018-12-14 |
| BARNES, Tracey Anne | Director | 2019-11-21 | 2022-11-18 |
| BOWMAN, Heather | Director | 2018-12-14 | 2020-10-26 |
| CHAMPION, William John | Director | 2009-08-11 | 2011-09-30 |
| HATTERSLEY, Mark | Director | 2015-01-06 | 2018-10-15 |
| HOLDCROFT, Gordon | Director | 2017-07-20 | 2020-07-31 |
| HUCKERBY, Martin John | Director | 2009-08-11 | 2015-01-06 |
| INNES KER, Katherine Christina Mary, Dr | Director | 2017-01-26 | 2017-06-30 |
| NETHERCOTT, Barry | Director | 2019-01-02 | 2019-11-21 |
| PATTINSON, Michael John | Director | 2009-06-09 | 2009-08-11 |
| SANTRY, Ann Josephine | Director | 2009-08-11 | 2018-06-18 |
| SIMPSON, John Nicol | Director | 2011-09-30 | 2017-01-26 |
| YOUNGMAN, Kenneth John | Director | 2022-12-01 | 2023-09-30 |
| T&H DIRECTORS LIMITED | Corporate Director | 2009-06-09 | 2009-08-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sovereign Network Group | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 86 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-09 | AA | accounts | Accounts with accounts type full | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-02 | AA | accounts | Accounts with accounts type full | |
| 2021-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2021-01-12 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.