Company Overview
Sovereign Chemicals Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 20 November 1996, so this is a well established company. Sovereign Chemicals Limited has been in business for 29 years and 4 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

C/O Bostik Ltd, Common Road, Stafford, ST16 3EH
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Companies House Data
Company NameSOVEREIGN CHEMICALS LIMITED
Company Number03281228
Registered Office AddressC/O Bostik Ltd
 Common Road
 ST16 3EH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/11/1996
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date12/12/2016
Returns Last Made Up Date14/11/2015
Directors & Members
Show Resigned
Karen Kane - Director
(British, 55 years old, born January 1971)
Appointed 01 December 2021
 Active
Julien Latrille - Director
(French, 54 years old, born September 1972)
Appointed 01 March 2021
 Active
Robert Massey - Director
(Irish, 52 years old, born February 1974)
Appointed 17 December 2020
 Active
Secretaries
Show Resigned
Karen Kane - Secretary
Appointed 30 November 2020
 Active
Other Company Directorships
Karen Kane
ARKEMA HOLDING LIMITED
ARKEMA UK LIMITED
AVDEL HOLDING LIMITED
AVDEL UK LIMITED
EVODE LIMITED
LAMBSON LIMITED
LAYBOND PRODUCTS LIMITED
SIROFLEX LIMITED
THE LAYBOND GROUP LIMITED
TI AUTOMOTIVE PENSION PLAN TRUSTEE LIMITED
Julien Latrille
BOSTIK LIMITED
EVODE LIMITED
Robert Massey
ARKEMA HOLDING LIMITED
ARKEMA UK LIMITED
BOSTIK LIMITED
EVODE LIMITED
LAMBSON LIMITED
SIROFLEX LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 1,806,000 1,806,000 1,938,000
Current Assets 17,133,000 17,133,000 16,214,000
Creditors Due Within One Year 2,099,000 2,099,000 1,604,000
Working Cap 15,034,000 15,034,000 14,610,000
Total Assets Less Current Liabilities 16,840,000 16,840,000 16,548,000
Long-term Liabilities 328,000 328,000 369,000
Net Assets 16,512,000 16,512,000 16,179,000
Share Capital & Reserves
Share Cap 15,000,000 15,000,000 15,000,000
Profit & Loss Reserves 1,512,000 1,512,000 1,179,000
Other Reserves 0 0 0
Shareholders Funds 16,512,000 16,512,000 16,179,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 9.5% 9.5% 10.7%
Stocks Inventory 3.1% 3.1% 3.2%
Debtors 7.0% 7.0% 8.0%
Cash Bank In Hand 3.9% 3.9% 0.4%
Current Assets 90.5% 90.5% 89.3%
Creditors Due Within One Year 11.1% 11.1% 8.8%
Net Current Assets Liabilities 79.4% 79.4% 80.5%
Creditors Due After One Year 1.7% 1.7% 2.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 87.2% 87.2% 89.1%
Called Up Share Capital 79.2% 79.2% 82.6%
Share Capital Allotted Called Up Paid 79.2% 79.2% 82.6%
Profit Loss Account Reserve 8.0% 8.0% 6.5%
Shareholder Funds 87.2% 87.2% 89.1%
Capital Employed - - -
Total Assets Less Current Liabilities 88.9% 88.9% 91.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 8.2 8.2 10.1
Solvency Ratio 7.8 7.8 9.2
Reserves to Assets 0.1 0.1 0.1
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 18,939,000 18,939,000 18,152,000
Debt 2,427,000 2,427,000 1,973,000
Net Assets/Debt 16,512,000 16,512,000 16,179,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around ST16 3EH
EVODE LIMITED
C/O BOSTIK LIMITED, COMMON ROAD, STAFFORD, ST16 3EH
Document Filings
Termination of appointment of Xavier Jean Joseph Durand-Delacre as a director on 31 December 2025
Confirmation statement made on 1 November 2025 with no updates
Confirmation statement made on 1 November 2024 with updates
Statement of capital on 5 August 2024
Statement by Directors
Solvency Statement dated 02/07/24
Resolutions
Confirmation statement made on 1 November 2023 with no updates
Confirmation statement made on 1 November 2022 with no updates
Termination of appointment of Patricia Pilar Martinez-Merello Diaz De Miranda as a director on 1 December 2021
Appointment of Mr Xavier Jean Joseph Durand-Delacre as a director on 1 December 2021
Appointment of Ms Karen Maria Kane as a director on 1 December 2021
Termination of appointment of Jon Herve Roger Michot as a director on 1 December 2021
Confirmation statement made on 1 November 2021 with updates
Change of details for Arkema Ltd as a person with significant control on 18 December 2020
Appointment of Mr Julien Latrille as a director on 1 March 2021
Termination of appointment of Roland Albers as a director on 23 February 2021
Appointment of Ms Patricia Pilar Martinez-Merello Diaz De Miranda as a director on 17 December 2020
Appointment of Mr Robert Peter Massey as a director on 17 December 2020
Termination of appointment of Gary Jonathan Dee as a director on 20 November 2020
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