Sovereign Commerce Limited

Sovereign Commerce Limited is a small, active company based in London, UK, founded six years ago in 2018. Employing just three people, it holds £1,050,611 in assets and operates from a virtual address shared by twenty-four other companies – a bit unusual, really. Barik Abdul is both the director and owner, acting as the solo founder. The company regularly imports basic metal tools and utensils, with its last import operation occurring in May 2021.

The company’s website paints a picture of a commercial refurbishment and construction specialist. Sovereign Commercial Installations focuses on clean room construction, refurbishment, commercial construction, and commercial interiors. They emphasize enthusiasm and exceptional service, and proudly display accreditations like CHAS, FIS, Komfort, CSCS, and ISO 9001. The website is simple, but professional, with a clear call to action: “Call Us” alongside a phone number.

Financially, Sovereign Commerce Limited appears to be in a healthy position, though there are some interesting trends. Cash reserves have dramatically increased by 240%, reaching £540,000 – a very positive sign. Current assets have also seen a substantial boost, rising 160% to £1,100,000. However, creditors have also increased significantly, jumping 78% to £330,000. While bank borrowings have remained stable, the increase in creditors suggests the company is relying more on credit from suppliers. The company's small size (meeting two of three conditions for being small) helps it remain agile. There is no auditor mentioned, which is common for small companies. The increase in debtors, specifically non-financial instruments, by 200% is something to keep an eye on – it could indicate issues with customer payments.

Registered in England/Wales under the registration number 11685400, with a registered address at EC2A 3NT, United Kingdom, London, 6-8 Great Eastern Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.