SOVEREIGN ADVISORY LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-25 (in 7mo)
Last made up 2025-12-11
Watchouts
None on the register
Cash
£734K
-79.1% vs 2023
Net assets
£8M
-25.3% lowest in 4 filed years
Employees
73
+32.7% highest in 5 filed years
Profit before tax
-£2M
-19.9% vs 2023
Net assets
6-year trend · vs Unclassified median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £14,846,593 | £17,904,988 | |
| Operating profit | — | — | — | — | -£1,085,048 | -£1,150,581 | |
| Profit before tax | — | — | — | — | -£1,918,989 | -£2,301,228 | |
| Net profit | — | — | — | — | -£2,385,660 | -£2,815,560 | |
| Cash | — | £17,774 | £1,631 | — | £3,516,229 | £734,316 | |
| Total assets less current liabilities | — | £22,335,453 | £19,874,309 | — | £21,663,804 | £17,608,612 | |
| Net assets | — | £22,335,453 | £19,874,309 | — | £11,120,820 | £8,307,578 | |
| Equity | — | — | — | -£1,144,608 | £11,120,820 | £8,307,578 | |
| Average employees | 30 | 37 | 2 | — | 55 | 73 | |
| Wages | — | — | — | — | £1,739,538 | £3,916,761 | |
| Directors' remuneration | — | — | — | — | £137,423 | £1,577,919 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+20.6%
£14,846,593 £17,904,988
-
Cash
-79.1%
£3,516,229 £734,316
-
Net assets
-25.3%
£11,120,820 £8,307,578
lowest in 4 filed years
-
Employees
+32.7%
55 73
highest in 5 filed years
-
Operating profit
-6%
-£1,085,048 -£1,150,581
-
Profit before tax
-19.9%
-£1,918,989 -£2,301,228
-
Wages
+125.2%
£1,739,538 £3,916,761
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -7.3% | -6.4% | |
| Net margin | — | — | — | — | -16.1% | -15.7% | |
| Return on capital employed | — | — | — | — | -5.0% | -6.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 74.5% | 78.8% | |
| Current ratio | — | — | — | — | 0.23x | 0.17x | |
| Interest cover | — | — | — | — | -1.25x | -0.94x |
Margins divide P&L lines by turnover. 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 ADVISORY LLP 2020-11-13 → present
- SOVEREIGN WEALTH LLP 2009-12-11 → 2020-11-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The members consider the going concern basis to be appropriate having paid due regard to the group's projected results during the twelve months from the date the financial statements are approved and the anticipated cashflows, availability of bank facilities and mitigating actions that can be taken during that period. The members acknowledge that at the balance sheet date the company had net current liabilities. This includes a balance of £16,500,000 within other creditors which, post year end, has been effectively refinanced as term debt. The repayment terms have been structured in a manner that allows the company to maintain its financial stability and capacity to service the debt. Having regard to the above, the members consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- SOVEREIGN ADVISORY LLP · parent
- Sovereign Wealth Holdings Limited 100%
- Sovereign Wealth Limited 100%
- Deal Assured Limited 100%
- GGC IFA Holdings Ltd 100%
- PS Financial Services Limited 100%
- Watson Wealth Management Limited 100%
- Flavell Wealth Management Ltd 100%
- PFPD Limited 100%
- Sovereign Money Matters Group Limited 100%
- Sovereign Money Matters Holdings Ltd 100%
- Sovereign Money Matters Limited 100%
- Sovereign Financial Partners Ltd 100%
- Airevalley Independent Financial Advisors Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 88 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARDON, Charles James | Llp Designated Member | 2009-12-11 | Aug 1979 | — |
| MARDON, Janette | Llp Designated Member | 2009-12-11 | Aug 1979 | — |
Show 88 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AVELING, Callum Tyrer | Llp Member | 2018-01-30 | 2021-08-12 |
| AVELING, Michael Terry | Llp Member | 2016-09-19 | 2018-08-31 |
| BLOXSOME, Matthew James | Llp Member | 2013-05-10 | 2021-12-17 |
| BOWERS, James Raymond | Llp Member | 2019-10-02 | 2021-08-24 |
| BRADBURY, Kieran Robert | Llp Member | 2011-01-07 | 2016-04-01 |
| BROMLEY, Tracey Anne | Llp Member | 2018-01-21 | 2021-08-24 |
| CARTER, Mark James | Llp Member | 2019-08-09 | 2021-08-12 |
| CHAPLIN, Ian Jonathan | Llp Member | 2017-09-19 | 2021-09-13 |
| CLOWES, Victoria Margaret | Llp Member | 2018-05-16 | 2021-09-02 |
| COX, Ashley James | Llp Member | 2014-04-11 | 2015-03-25 |
| DAVIS, Jack Lawrence | Llp Member | 2019-09-01 | 2021-08-12 |
| DOHERTY, Sheena Anne | Llp Member | 2013-03-04 | 2021-12-22 |
| DORLING, Julie | Llp Member | 2017-04-29 | 2018-01-31 |
| ELLIS, Adam Roy | Llp Member | 2010-05-18 | 2015-03-25 |
| ELROD, Amie Louise | Llp Member | 2016-04-28 | 2016-09-27 |
| ENRIGHT, Amy | Llp Member | 2015-04-28 | 2021-08-24 |
| FALLON, Dominic Peter | Llp Member | 2015-05-05 | 2021-08-12 |
| GAMMANS, Terry Anthony | Llp Member | 2012-03-21 | 2021-09-02 |
| GOODWIN, John | Llp Member | 2015-07-29 | 2021-08-12 |
| GREGSON, Paul Henry | Llp Member | 2012-05-25 | 2020-10-31 |
| GROGAN, Kevin Brian | Llp Member | 2018-10-08 | 2021-09-30 |
| GUNSON, Andrew | Llp Member | 2016-02-22 | 2018-04-30 |
| HALL, Craig Stephen | Llp Member | 2013-03-18 | 2021-08-12 |
| HALL, Owen Keith | Llp Member | 2012-04-10 | 2014-09-23 |
| HANLEY, Gary Joseph | Llp Member | 2016-09-19 | 2017-11-06 |
| HATTON, Martin James | Llp Member | 2012-05-25 | 2014-02-14 |
| HODDS, Martin Ivan | Llp Member | 2017-01-03 | 2021-08-12 |
| HOLMES, Daniel Anthony Scott | Llp Member | 2018-05-03 | 2018-12-31 |
| HORNE, David Michael | Llp Member | 2014-03-01 | 2021-09-02 |
| HUQUE, Mohammed Rahilul | Llp Member | 2015-12-31 | 2017-03-24 |
| HURSTHOUSE, Paul Graham | Llp Member | 2017-06-01 | 2021-09-30 |
| KEE, Colin | Llp Member | 2016-03-08 | 2016-05-01 |
| LAKIN, Rosemary Anne | Llp Member | 2012-04-13 | 2021-09-02 |
| MCCAIN, Howard Lee | Llp Member | 2020-03-03 | 2021-09-13 |
| MCKEOWN, Richard | Llp Member | 2016-10-03 | 2021-10-07 |
| MCMILLAN, Ian | Llp Member | 2013-06-27 | 2021-10-06 |
| MCNICHOLAS, Andrea | Llp Member | 2016-10-21 | 2017-12-31 |
| MEADOWS, Thomas Robert | Llp Member | 2016-10-05 | 2021-11-11 |
| MILLER, Martin Christopher | Llp Member | 2016-09-19 | 2017-06-27 |
| MITCHELL, Jemma Fay | Llp Member | 2013-03-18 | 2021-08-12 |
| MOYNIHAN, Declan | Llp Member | 2020-08-07 | 2021-09-13 |
| PARKER, Stuart James | Llp Member | 2019-07-12 | 2021-08-24 |
| RAWSON, James David | Llp Member | 2010-05-18 | 2010-09-30 |
| SMITH, William | Llp Member | 2011-01-07 | 2021-08-12 |
| SORENSEN, Steven | Llp Member | 2017-10-23 | 2021-08-24 |
| SUTHERLAND, Rob | Llp Member | 2018-05-02 | 2021-09-02 |
| THOMAS, David Vivian | Llp Member | 2016-09-19 | 2017-12-01 |
| THOMAS, Vaughn William | Llp Member | 2013-09-17 | 2019-09-23 |
| THOMPSON, Daniel Mehmet | Llp Member | 2018-08-06 | 2021-08-12 |
| THORLEY, Marie Elizabeth | Llp Member | 2015-03-10 | 2021-12-09 |
| WATSON, Diane Carole | Llp Member | 2018-09-01 | 2021-08-12 |
| WHITAKER, Ashley Stefan | Llp Member | 2017-01-05 | 2020-04-03 |
| WOOD, Russell Charles | Llp Member | 2012-04-10 | 2021-09-13 |
| WORTHINGTON, Matthew James | Llp Member | 2013-07-19 | 2021-09-02 |
| AMIE ELROD WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2016-05-04 | 2016-09-27 |
| APG FINANCIAL SOLUTIONS LTD | Corporate Llp Member | 2013-03-18 | 2017-12-01 |
| BSQUARED ASSET MANAGEMENT LIMITED | Corporate Llp Member | 2010-08-02 | 2016-04-01 |
| CAVENDISH FINANCIAL WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2011-01-07 | 2017-12-01 |
| D& I FINANCIAL PALNNING LLP | Corporate Llp Member | 2016-09-19 | 2017-12-01 |
| DOHERTY WEALTH MANAGEMENT LTD | Corporate Llp Member | 2013-03-04 | 2017-12-01 |
| ELJ WEALTH MANAGEMENT LTD | Corporate Llp Member | 2014-03-01 | 2017-12-01 |
| ELLIS WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2010-08-02 | 2015-03-25 |
| ELLMAX BUSINESS CONSULTANCY LIMITED | Corporate Llp Member | 2012-05-25 | 2017-12-01 |
| FALLON WEALTH MANAGERS LIMITED | Corporate Llp Member | 2015-08-06 | 2017-12-01 |
| G2G MARKETING LIMITED | Corporate Llp Member | 2016-02-22 | 2017-12-01 |
| GJH'S WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2016-09-19 | 2017-11-06 |
| HALL WEALTH MANAGEMENT LTD | Corporate Llp Member | 2016-10-03 | 2017-12-01 |
| HIGHBROOK WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2012-03-21 | 2017-12-01 |
| HODDS WEALTH MANAGEMENT LTS | Corporate Llp Member | 2017-01-03 | 2017-12-01 |
| HUQUE WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2015-12-31 | 2017-03-24 |
| J. G. G. FINANCIAL LIMITED | Corporate Llp Member | 2015-07-29 | 2017-12-01 |
| KNIGHTSBRIDGE WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2012-04-10 | 2014-09-23 |
| MARIE THORLEY LIMITED | Corporate Llp Member | 2015-03-10 | 2017-12-01 |
| MAXWELL FRANK WEALTH MANAGEMENT LIMITED | Corporate Llp Member | 2015-04-28 | 2017-12-01 |
| MAYGRAY FINANCIAL CONSULTING LTD | Corporate Llp Member | 2017-06-01 | 2017-12-01 |
| MCMILLAN WEALTH MANAGEMENT LTD | Corporate Llp Member | 2013-06-27 | 2017-12-01 |
| MEADOWS WEALTH MANAGEMENT LTD | Corporate Llp Member | 2016-10-05 | 2017-12-01 |
| MIVI CONSULTING LIMITED | Corporate Llp Member | 2016-09-06 | 2017-12-01 |
| MJH FINANCIAL LIMITED | Corporate Llp Member | 2013-04-04 | 2014-02-01 |
| OPTIMAL WEALTH SOLUTIONS LTD | Corporate Llp Member | 2013-03-18 | 2017-12-01 |
| RUSS WOOD WEALTH MANAGEMENT LTD | Corporate Llp Member | 2012-04-10 | 2017-12-01 |
| SOVEREIGN RESERVE LIMITED | Corporate Llp Member | 2010-05-18 | 2020-10-21 |
| TOWNGATE RESERVE LIMITED | Corporate Llp Member | 2013-05-10 | 2013-05-10 |
| TOWNGATE WEALTH LIMITED | Corporate Llp Member | 2016-01-01 | 2017-12-01 |
| TOWNGATE WEALTH MANAGEMENT LLP | Corporate Llp Member | 2013-05-10 | 2016-01-01 |
| VAUGHN THOMAS WEALTH MANAGEMENT LTD | Corporate Llp Member | 2013-09-17 | 2017-12-01 |
| WENTWORTH FINANCIAL PLANNING LTD | Corporate Llp Member | 2012-04-13 | 2017-12-01 |
| WOTHINGTON WEALTH MANAGEMENT LTD | Corporate Llp Member | 2013-07-19 | 2017-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Janette Mardon | Individual | significant-influence-or-control-limited-liability-partnership | 2016-04-06 | Active |
| Mr Charles James Mardon | Individual | significant-influence-or-control-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 249 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-15 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-12 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-12-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-12-13 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-10-07 | AA | accounts | Accounts with accounts type group | |
| 2023-12-21 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-19 | LLPSC04 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2023-12-19 | LLPSC04 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2023-10-10 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-15 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-22 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-12-20 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-20 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-12-20 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-12-20 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-10-08 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-10-08 | LLTM01 | officers | Termination member limited liability partnership 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.