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 limitedEstimated Valuation
£4.5m
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 limitedEstimated Valuation
£22.9m
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 LimitedOverview
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.
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
Health Rating4out of 5
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 (61 days)
3 days - Sovereign Rarities Limited
61 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
EXPORT
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
1,575,666
1,449,719
944,588
Other Income Or Grants
Cost Of Sales
13,462,607
22,528,165
17,482,516
15,607,555
10,142,306
975,327
945,612
613,798
Gross Profit
3,039,620
4,033,382
5,303,284
4,449,635
2,451,767
600,339
504,107
330,790
Admin Expenses
1,836,037
1,808,400
1,744,271
1,375,991
1,086,352
207,332
185,755
284,984
Operating Profit
1,203,583
2,224,982
3,559,013
3,073,644
1,365,415
393,007
318,352
45,806
Interest Payable
144,743
111,411
46,325
22,825
19,948
Interest Receivable
4,139
2,752
581
Pre-Tax Profit
1,058,840
2,113,571
3,512,688
3,050,819
1,345,467
397,146
321,104
46,388
Tax
-280,991
-405,223
-658,231
-580,295
-258,570
-75,458
-61,010
-9,277
Profit After Tax
777,849
1,708,348
2,854,457
2,470,524
1,086,897
321,688
260,094
37,110
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
321,688
260,094
37,110
Employee Costs
1,236,685
1,211,111
1,267,644
1,023,840
768,654
348,451
250,392
294,274
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
435,108
349,335
60,506
* 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
393,007
318,352
45,806
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
-75,458
-61,010
-9,277
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
-149,459
-811,170
-702,699
Investing Activities
capital expenditure
-22,746
-20,660
-82,971
Change in Investments
12,201
100
cash flow from investments
-12,201
-22,746
-20,660
-83,071
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
1,000,000
1,250,120
interest
-144,743
-111,411
-46,325
-22,825
-19,948
4,139
2,752
581
cash flow from financing
-144,743
-111,411
-46,325
-22,825
-19,948
4,139
1,002,752
1,250,701
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
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sovereign rarities limited. Get real-time insights into sovereign rarities limited's credit score, group structure and payment trends.
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.
The largest shareholders in Sovereign Rarities Limited include Ian Goldbart and Royal Mint.
ian goldbart
44.88%
royal mint
23.37%
madeleine goldbart
14.03%
napier brown holdings
6.49%
lucy goldbart
3.51%
robert goldbart
3.51%
michael goldbart
3.51%
ziv itzhaki
0.7%
sovereign rarities limited directors
Sovereign Rarities Limited currently has 4 directors.
The longest serving directors include
Mrs Madeleine Goldbart (Mar 2016) and
Mr Ian Goldbart (Mar 2016).
47791 - Retail sale of antiques including antique books, in stores
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
None
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 limitedCompanies House Filings - See Documents
