Sovereign Motors Worthing Limited

Key Facts

Net Assets

Current: £4,194

Previous: £3,648

Change: +546 (+15%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £8,040

Previous: £18,552

Change: -£10,512 (-56.7%)

Comment: Current assets fell significantly.

Cash

Current: £90

Previous: £152

Change: -£62 (-40.8%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £12,234

Previous: £12,200

Change: +£34 (+0.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £4,194

Previous: £6,352

Change: -£2,158 (-34%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.