SOVEREIGN PLUMBING LIMITED Financials
- Company number
- 03054836CopyCopy
- Registered office
- 3a Quay View Business Park, Barnards Way, Lowestoft, Suffolk NR32 2HD
- Incorporated
- 10/05/1995
Company snapshot
- Status
- Active
- Employees
- 17 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
23.79%vs 20242024: £495.29K
Total Assets
43.88%vs 20242024: £1.05M
Cash in Bank
-5.72%vs 20242024: £663.70K
Total Liabilities
66.75%vs 20242024: £485.87K
Employees
+6vs 20242024: 11
In 2025, SOVEREIGN PLUMBING LIMITED reported net assets of £613.11K. The same filing shows total assets of £1.51M, cash in bank of £625.75K and total liabilities of £810.16K. Reported headcount was 17 in 2025. Total Assets rose from £1.05M in 2024 to £1.51M in 2025 (43.88%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
23.79%from £495.29K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SOVEREIGN PLUMBING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+55.4%vs 2023+24.7% a year compound (CAGR)
Cash in Bank
+5.8%vs 2023+2.8% a year compound (CAGR)
Total Assets
+63.6%vs 2023+27.9% a year compound (CAGR)
Total Liabilities
+78.1%vs 2023+33.5% a year compound (CAGR)
Employees
+54.5%vs 2023+6Biggest increase
Total Liabilities+78.1%
£454.77K in 2023 to £810.16K in 2025
Every indicator Okredo holds for SOVEREIGN PLUMBING LIMITED rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOVEREIGN PLUMBING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 40.67%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 53.74%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 77.24%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 41.50%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOVEREIGN PLUMBING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 188.15K | 263.12K | 394.46K | 495.29K | 613.11K |
| Total Assets£ | 442.62K | 692.53K | 921.57K | 1.05M | 1.51M |
| Cash in Bank£ | 234.58K | 360.16K | 591.63K | 663.70K | 625.75K |
| Total Liabilities£ | 215.04K | 394.51K | 454.77K | 485.87K | 810.16K |
| Employees | 10 | 8 | 11 | 11 | 17 |
SOVEREIGN PLUMBING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOVEREIGN PLUMBING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SOVEREIGN PLUMBING LIMITED reported net assets of £613.11K for 2025. That compares with £495.29K in 2024, a change of 23.79%.
SOVEREIGN PLUMBING LIMITED reported total assets of £1.51M for 2025. That compares with £1.05M in 2024, a change of 43.88%.
SOVEREIGN PLUMBING LIMITED reported cash in bank of £625.75K for 2025. That compares with £663.70K in 2024, a change of -5.72%.
SOVEREIGN PLUMBING LIMITED reported 17 employees in 2025, compared with 11 in 2024.
Between 2023 and 2025, SOVEREIGN PLUMBING LIMITED's net assets rose by 55.4%, cash in bank rose by 5.8%, total assets rose by 63.6% and total liabilities rose by 78.1%. Net assets compounded at 24.7% a year across the two years to 2025, from £394.46K to £613.11K. Reported headcount went from 11 in 2023 to 17 in 2025 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.