sovereign health and insurance services limited
sovereign health and insurance services limited Company Information
Company Number
07401863
Next Accounts
Sep 2025
Shareholders
sovereign health care
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
the waterfront, 2nd floor, west wing, shipley, BD17 7EZ
sovereign health and insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED at £54.5k based on a Turnover of £60.6k and 0.9x industry multiple (adjusted for size and gross margin).
sovereign health and insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED at £153.3k based on an EBITDA of £30.5k and a 5.03x industry multiple (adjusted for size and gross margin).
sovereign health and insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED at £1.6m based on Net Assets of £939.2k and 1.72x industry multiple (adjusted for liquidity).
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Sovereign Health And Insurance Services Limited Overview
Sovereign Health And Insurance Services Limited is a live company located in shipley, BD17 7EZ with a Companies House number of 07401863. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 2010, it's largest shareholder is sovereign health care with a 100% stake. Sovereign Health And Insurance Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £60.6k with declining growth in recent years.
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Sovereign Health And Insurance Services Limited Health Check
Pomanda's financial health check has awarded Sovereign Health And Insurance Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £60.6k, make it smaller than the average company (£3m)
£60.6k - Sovereign Health And Insurance Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.8%)
-14% - Sovereign Health And Insurance Services Limited
6.8% - Industry AVG
Production
with a gross margin of 95%, this company has a comparable cost of product (95%)
95% - Sovereign Health And Insurance Services Limited
95% - Industry AVG
Profitability
an operating margin of 50.3% make it more profitable than the average company (19.6%)
50.3% - Sovereign Health And Insurance Services Limited
19.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (19)
8 - Sovereign Health And Insurance Services Limited
19 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Sovereign Health And Insurance Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £7.6k, this is less efficient (£126.4k)
£7.6k - Sovereign Health And Insurance Services Limited
£126.4k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (73 days)
100 days - Sovereign Health And Insurance Services Limited
73 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sovereign Health And Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sovereign Health And Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 213 weeks, this is more cash available to meet short term requirements (33 weeks)
213 weeks - Sovereign Health And Insurance Services Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.9%, this is a lower level of debt than the average (58.1%)
23.9% - Sovereign Health And Insurance Services Limited
58.1% - Industry AVG
SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED financials
Sovereign Health And Insurance Services Limited's latest turnover from December 2023 is £60.6 thousand and the company has net assets of £939.2 thousand. According to their latest financial statements, Sovereign Health And Insurance Services Limited has 8 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,578 | 80,708 | 86,536 | 95,464 | 114,497 | 126,829 | 103,772 | 94,048 | 116,829 | 137,893 | 146,812 | 79,868 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | 30,492 | 52,794 | 60,450 | 72,087 | 87,586 | 105,316 | 87,566 | 78,177 | 103,002 | 122,218 | 131,696 | 62,095 | |
| Interest Payable | |||||||||||||
| Interest Receivable | 4,497 | 1,031 | 633 | 1,492 | 1,061 | 29 | 57 | 35 | 41 | 35 | 17 | ||
| Pre-Tax Profit | 34,989 | 53,825 | 60,450 | 72,720 | 89,078 | 106,377 | 87,595 | 78,234 | 103,037 | 122,259 | 131,731 | 62,112 | |
| Tax | 89 | -11,486 | -13,817 | -16,982 | -236 | -16,862 | -15,396 | -20,617 | -28,421 | -28,130 | -13,300 | ||
| Profit After Tax | 34,989 | 53,914 | 48,964 | 58,903 | 72,096 | 106,141 | 70,733 | 62,838 | 82,420 | 93,838 | 103,601 | 48,812 | |
| Dividends Paid | |||||||||||||
| Retained Profit | 34,989 | 53,914 | 48,964 | 58,903 | 72,096 | 106,141 | 70,733 | 62,838 | 82,420 | 93,838 | 103,601 | 48,812 | |
| Employee Costs | |||||||||||||
| Number Of Employees | 8 | 8 | 10 | 10 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | ||
| EBITDA* | 30,492 | 52,794 | 60,450 | 72,087 | 87,586 | 105,316 | 87,566 | 78,177 | 103,002 | 122,218 | 131,696 | 62,095 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | |||||||||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 16,597 | 15,540 | 20,014 | 30,064 | 27,519 | 29,635 | 35,973 | 40,723 | 40,963 | 24,634 | 43,197 | 70,626 | 62,258 |
| Group Debtors | |||||||||||||
| Misc Debtors | 6,961 | 7,132 | 6,878 | 5,745 | 4,671 | 8,848 | 5,109 | 4,877 | 4,878 | 5,175 | 5,111 | 4,568 | 8,051 |
| Cash | 1,210,338 | 1,168,435 | 1,047,657 | 1,019,685 | 1,059,105 | 887,570 | 876,589 | 775,309 | 470,110 | 393,973 | 291,968 | 195,400 | 213,797 |
| misc current assets | |||||||||||||
| total current assets | 1,233,896 | 1,191,107 | 1,074,549 | 1,055,494 | 1,091,295 | 926,053 | 917,671 | 820,909 | 515,951 | 423,782 | 340,276 | 270,594 | 284,106 |
| total assets | 1,233,896 | 1,191,107 | 1,074,549 | 1,055,494 | 1,091,295 | 926,053 | 917,671 | 820,909 | 515,951 | 423,782 | 340,276 | 270,594 | 284,106 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 8,127 | 8,766 | 9,256 | ||||||||||
| Group/Directors Accounts | 275,171 | 255,724 | 176,085 | 213,070 | 201,046 | 190,829 | 169,029 | 128,944 | |||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 19,564 | 31,211 | 48,206 | 41,130 | 147,858 | 64,929 | 184,488 | 327,488 | 85,368 | 75,619 | 75,898 | 99,415 | 87,094 |
| total current liabilities | 294,735 | 286,935 | 224,291 | 254,200 | 348,904 | 255,758 | 353,517 | 327,488 | 85,368 | 75,619 | 84,025 | 108,181 | 225,294 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 294,735 | 286,935 | 224,291 | 254,200 | 348,904 | 255,758 | 353,517 | 327,488 | 85,368 | 75,619 | 84,025 | 108,181 | 225,294 |
| net assets | 939,161 | 904,172 | 850,258 | 801,294 | 742,391 | 670,295 | 564,154 | 493,421 | 430,583 | 348,163 | 256,251 | 162,413 | 58,812 |
| total shareholders funds | 939,161 | 904,172 | 850,258 | 801,294 | 742,391 | 670,295 | 564,154 | 493,421 | 430,583 | 348,163 | 256,251 | 162,413 | 58,812 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 30,492 | 52,794 | 60,450 | 72,087 | 87,586 | 105,316 | 87,566 | 78,177 | 103,002 | 122,218 | 131,696 | 62,095 | |
| Depreciation | |||||||||||||
| Amortisation | |||||||||||||
| Tax | 89 | -11,486 | -13,817 | -16,982 | -236 | -16,862 | -15,396 | -20,617 | -28,421 | -28,130 | -13,300 | ||
| Stock | |||||||||||||
| Debtors | 886 | -4,220 | -8,917 | 3,619 | -6,293 | -2,599 | -4,518 | -241 | 16,032 | -18,499 | -26,886 | 4,885 | 70,309 |
| Creditors | -8,127 | -639 | -490 | 9,256 | |||||||||
| Accruals and Deferred Income | -11,647 | -16,995 | 7,076 | -106,728 | 82,929 | -119,559 | -143,000 | 242,120 | 9,749 | -279 | -23,517 | 12,321 | 87,094 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | 17,959 | 40,108 | 64,957 | -52,077 | 159,826 | -11,880 | -67,778 | 305,142 | 76,102 | 96,527 | 110,512 | 74,836 | |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 19,447 | 79,639 | -36,985 | 12,024 | 10,217 | 21,800 | 169,029 | -128,944 | 128,944 | ||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 4,497 | 1,031 | 633 | 1,492 | 1,061 | 29 | 57 | 35 | 41 | 35 | 17 | ||
| cash flow from financing | 23,944 | 80,670 | -36,985 | 12,657 | 11,709 | 22,861 | 169,058 | 57 | 35 | 41 | -128,909 | 138,961 | |
| cash and cash equivalents | |||||||||||||
| cash | 41,903 | 120,778 | 27,972 | -39,420 | 171,535 | 10,981 | 101,280 | 305,199 | 76,137 | 102,005 | 96,568 | -18,397 | 213,797 |
| overdraft | |||||||||||||
| change in cash | 41,903 | 120,778 | 27,972 | -39,420 | 171,535 | 10,981 | 101,280 | 305,199 | 76,137 | 102,005 | 96,568 | -18,397 | 213,797 |
sovereign health and insurance services limited Credit Report and Business Information
Sovereign Health And Insurance Services Limited Competitor Analysis
Perform a competitor analysis for sovereign health and insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BD17 area or any other competitors across 12 key performance metrics.
sovereign health and insurance services limited Ownership
SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED group structure
Sovereign Health And Insurance Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
SOVEREIGN HEALTH AND INSURANCE SERVICES LIMITED
07401863
sovereign health and insurance services limited directors
Sovereign Health And Insurance Services Limited currently has 10 directors. The longest serving directors include Mr Simon Davies (Jul 2016) and Mrs Janet Fortune (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Davies | England | 67 years | Jul 2016 | - | Director |
| Mrs Janet Fortune | England | 67 years | Jul 2016 | - | Director |
| Ms Nerissa Stewart | England | 39 years | Oct 2019 | - | Director |
| Mr Keith Hinds | England | 65 years | Jan 2020 | - | Director |
| Dr Andrew Dawson | England | 70 years | Jan 2020 | - | Director |
| Mrs Susan Sedgwick | England | 70 years | Jan 2020 | - | Director |
| Mr Richard Craven | England | 59 years | Jan 2022 | - | Director |
| Mr Neil McCallum | England | 45 years | Dec 2023 | - | Director |
| Mr Paul Oldfield | England | 60 years | Mar 2025 | - | Director |
| Mr David Heffron | England | 59 years | Mar 2025 | - | Director |
P&L
December 2023turnover
60.6k
-25%
operating profit
30.5k
-42%
gross margin
95%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
939.2k
+0.04%
total assets
1.2m
+0.04%
cash
1.2m
+0.04%
net assets
Total assets minus all liabilities
sovereign health and insurance services limited company details
company number
07401863
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
gweco 485 limited (November 2010)
accountant
-
auditor
BDO LLP
address
the waterfront, 2nd floor, west wing, shipley, BD17 7EZ
Bank
HSBC BANK PLC
Legal Advisor
GORDONS LLP
sovereign health and insurance services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to sovereign health and insurance services limited.
sovereign health and insurance services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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sovereign health and insurance services limited Companies House Filings - See Documents
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