sovereign rarities limited
sovereign rarities limited Company Information
Company Number
10092412
Next Accounts
Dec 2025
Shareholders
ian goldbart
royal mint
View AllGroup Structure
View All
Industry
Retail sale of antiques including antique books, in stores
Registered Address
2nd floor 17-19 maddox street, london, W1S 2QH
Website
www.sovr.co.uksovereign rarities limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN RARITIES LIMITED at £5.9m based on a Turnover of £16.5m and 0.36x industry multiple (adjusted for size and gross margin).
sovereign rarities limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN RARITIES LIMITED at £4.5m based on an EBITDA of £1.2m and a 3.6x industry multiple (adjusted for size and gross margin).
sovereign rarities limited Estimated Valuation
Pomanda estimates the enterprise value of SOVEREIGN RARITIES LIMITED at £22.9m based on Net Assets of £9.9m and 2.31x industry multiple (adjusted for liquidity).
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Sovereign Rarities Limited Overview
Sovereign Rarities Limited is a live company located in london, W1S 2QH with a Companies House number of 10092412. It operates in the retail sale of antiques including antique books in stores sector, SIC Code 47791. Founded in March 2016, it's largest shareholder is ian goldbart with a 44.9% stake. Sovereign Rarities Limited is a young, mid sized company, Pomanda has estimated its turnover at £16.5m with declining growth in recent years.
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Sovereign Rarities Limited Health Check
Pomanda's financial health check has awarded Sovereign Rarities Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £16.5m, make it larger than the average company (£159.7k)
£16.5m - Sovereign Rarities Limited
£159.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (11.9%)
-6% - Sovereign Rarities Limited
11.9% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (49.8%)
18.4% - Sovereign Rarities Limited
49.8% - Industry AVG
Profitability
an operating margin of 7.3% make it less profitable than the average company (13.2%)
7.3% - Sovereign Rarities Limited
13.2% - Industry AVG
Employees
with 11 employees, this is above the industry average (5)
11 - Sovereign Rarities Limited
5 - Industry AVG
Pay Structure
on an average salary of £112.4k, the company has a higher pay structure (£36.8k)
£112.4k - Sovereign Rarities Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£120k)
£1.5m - Sovereign Rarities Limited
£120k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (68 days)
3 days - Sovereign Rarities Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (122 days)
22 days - Sovereign Rarities Limited
122 days - Industry AVG
Stock Days
it holds stock equivalent to 298 days, this is in line with average (298 days)
298 days - Sovereign Rarities Limited
298 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (18 weeks)
2 weeks - Sovereign Rarities Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.4%, this is a lower level of debt than the average (50.6%)
13.4% - Sovereign Rarities Limited
50.6% - Industry AVG
SOVEREIGN RARITIES LIMITED financials
Sovereign Rarities Limited's latest turnover from March 2024 is £16.5 million and the company has net assets of £9.9 million. According to their latest financial statements, Sovereign Rarities Limited has 11 employees and maintains cash reserves of £71.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 16,502,227 | 26,561,547 | 22,785,800 | 20,057,190 | 12,594,073 | |||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 13,462,607 | 22,528,165 | 17,482,516 | 15,607,555 | 10,142,306 | |||
| Gross Profit | 3,039,620 | 4,033,382 | 5,303,284 | 4,449,635 | 2,451,767 | |||
| Admin Expenses | 1,836,037 | 1,808,400 | 1,744,271 | 1,375,991 | 1,086,352 | |||
| Operating Profit | 1,203,583 | 2,224,982 | 3,559,013 | 3,073,644 | 1,365,415 | |||
| Interest Payable | 144,743 | 111,411 | 46,325 | 22,825 | 19,948 | |||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 1,058,840 | 2,113,571 | 3,512,688 | 3,050,819 | 1,345,467 | |||
| Tax | -280,991 | -405,223 | -658,231 | -580,295 | -258,570 | |||
| Profit After Tax | 777,849 | 1,708,348 | 2,854,457 | 2,470,524 | 1,086,897 | |||
| Dividends Paid | 641,715 | 570,413 | 427,810 | 213,905 | ||||
| Retained Profit | 136,134 | 1,137,935 | 2,426,647 | 2,256,619 | 1,086,897 | |||
| Employee Costs | 1,236,685 | 1,211,111 | 1,267,644 | 1,023,840 | 768,654 | |||
| Number Of Employees | 11 | 10 | 9 | 9 | 8 | 9 | 7 | 7 |
| EBITDA* | 1,238,990 | 2,252,100 | 3,587,174 | 3,108,125 | 1,391,873 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,050 | 88,858 | 97,201 | 31,856 | 32,401 | 38,593 | 57,948 | 68,271 |
| Intangible Assets | ||||||||
| Investments & Other | 12,301 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 25,236 | 25,236 | 25,236 | 25,236 | ||||
| Total Fixed Assets | 97,587 | 114,194 | 122,537 | 57,192 | 32,501 | 38,693 | 58,048 | 68,371 |
| Stock & work in progress | 11,024,764 | 12,958,535 | 10,974,680 | 8,352,353 | 5,238,512 | 2,746,915 | 1,994,078 | 1,101,646 |
| Trade Debtors | 150,860 | 552,094 | 737,443 | 780,703 | 568,142 | 159,812 | 166,705 | 54,943 |
| Group Debtors | ||||||||
| Misc Debtors | 96,645 | 71,525 | 161,116 | 67,993 | 116,227 | 126,096 | 119,069 | 33,977 |
| Cash | 71,537 | 175,089 | 33,492 | 239,532 | 250,085 | 467,787 | 635,853 | 464,931 |
| misc current assets | ||||||||
| total current assets | 11,343,806 | 13,757,243 | 11,906,731 | 9,440,581 | 6,172,966 | 3,500,610 | 2,915,705 | 1,655,497 |
| total assets | 11,441,393 | 13,871,437 | 12,029,268 | 9,497,773 | 6,205,467 | 3,539,303 | 2,973,753 | 1,723,868 |
| Bank overdraft | 340,827 | 3,246,773 | 1,772,568 | 1,034,955 | 323,418 | |||
| Bank loan | ||||||||
| Trade Creditors | 832,652 | 404,237 | 258,563 | 1,229,507 | 1,313,329 | 333,954 | 97,146 | 273,122 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 354,670 | 443,317 | 1,358,962 | 1,020,783 | 612,811 | 336,337 | 329,283 | 163,516 |
| total current liabilities | 1,528,149 | 4,094,327 | 3,390,093 | 3,285,245 | 2,249,558 | 670,291 | 426,429 | 436,638 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 1,528,149 | 4,094,327 | 3,390,093 | 3,285,245 | 2,249,558 | 670,291 | 426,429 | 436,638 |
| net assets | 9,913,244 | 9,777,110 | 8,639,175 | 6,212,528 | 3,955,909 | 2,869,012 | 2,547,324 | 1,287,230 |
| total shareholders funds | 9,913,244 | 9,777,110 | 8,639,175 | 6,212,528 | 3,955,909 | 2,869,012 | 2,547,324 | 1,287,230 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,203,583 | 2,224,982 | 3,559,013 | 3,073,644 | 1,365,415 | |||
| Depreciation | 35,407 | 27,118 | 28,161 | 34,481 | 26,458 | 42,101 | 30,983 | 14,700 |
| Amortisation | ||||||||
| Tax | -280,991 | -405,223 | -658,231 | -580,295 | -258,570 | |||
| Stock | -1,933,771 | 1,983,855 | 2,622,327 | 3,113,841 | 2,491,597 | 752,837 | 892,432 | 1,101,646 |
| Debtors | -376,114 | -274,940 | 49,863 | 189,563 | 398,461 | 134 | 196,854 | 88,920 |
| Creditors | 428,415 | 145,674 | -970,944 | -83,822 | 979,375 | 236,808 | -175,976 | 273,122 |
| Accruals and Deferred Income | -88,647 | -915,645 | 338,179 | 407,972 | 276,474 | 7,054 | 165,767 | 163,516 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 3,607,652 | -632,009 | -376,012 | -451,424 | -500,906 | |||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 12,201 | 100 | ||||||
| cash flow from investments | -12,201 | |||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -144,743 | -111,411 | -46,325 | -22,825 | -19,948 | |||
| cash flow from financing | -144,743 | -111,411 | -46,325 | -22,825 | -19,948 | |||
| cash and cash equivalents | ||||||||
| cash | -103,552 | 141,597 | -206,040 | -10,553 | -217,702 | -168,066 | 170,922 | 464,931 |
| overdraft | -2,905,946 | 1,474,205 | 737,613 | 711,537 | 323,418 | |||
| change in cash | 2,802,394 | -1,332,608 | -943,653 | -722,090 | -541,120 | -168,066 | 170,922 | 464,931 |
sovereign rarities limited Credit Report and Business Information
Sovereign Rarities Limited Competitor Analysis
Perform a competitor analysis for sovereign rarities limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in W1S area or any other competitors across 12 key performance metrics.
sovereign rarities limited Ownership
SOVEREIGN RARITIES LIMITED group structure
Sovereign Rarities Limited has 1 subsidiary company.
sovereign rarities limited directors
Sovereign Rarities Limited currently has 4 directors. The longest serving directors include Mr Ian Goldbart (Mar 2016) and Mrs Madeleine Goldbart (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Goldbart | 61 years | Mar 2016 | - | Director | |
| Mrs Madeleine Goldbart | England | 61 years | Mar 2016 | - | Director |
| Mr Leighton John | United Kingdom | 50 years | Jun 2016 | - | Director |
| Mr Anthony Drake | United Kingdom | 72 years | Oct 2016 | - | Director |
P&L
March 2024turnover
16.5m
-38%
operating profit
1.2m
-46%
gross margin
18.5%
+21.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.9m
+0.01%
total assets
11.4m
-0.18%
cash
71.5k
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
sovereign rarities limited company details
company number
10092412
Type
Private limited with Share Capital
industry
47791 - Retail sale of antiques including antique books, in stores
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
2nd floor 17-19 maddox street, london, W1S 2QH
Bank
-
Legal Advisor
-
sovereign rarities 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 found 1 charges/mortgages relating to sovereign rarities limited. Currently there are 1 open charges and 0 have been satisfied in the past.
sovereign rarities 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.
Click to start generating capital raising & share issue transactions for SOVEREIGN RARITIES LIMITED. This can take several minutes, an email will notify you when this has completed.
sovereign rarities limited Companies House Filings - See Documents
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