SOVINI PROPERTY SERVICES LIMITED

1. SOVINI PROPERTY SERVICES LIMITED 2012-12-06 → present
2. SOVINI COMMERCIAL LIMITED 2012-06-13 → 2012-12-06
3. ONE VISION HOUSING PROPERTY SERVICES LIMITED 2010-09-20 → 2012-06-13

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The expected performance and commitments of Sovini Property Services Limited over the short and medium term have been reviewed and considered, and there is a reasonable expectation that Sovini Property Services Limited has adequate resources to continue in operational existence for foreseeable future, thus ensuring a period of at least 12 months after the date on which the report and financial statements are signed. For this reason, the Board continues to adopt the going concern basis in the financial statements.”

Significant events

• “Approved five-year plan (April 2025-March 2030) and annual budget to set strategic direction and financial targets.”
• “Groups formed to enhance service quality and customer experience. Sovini Property Services Limited is currently exceeding all Tenant Satisfaction Measures (TSMs).”
• “Accreditations obtained for installing solar PV, solar thermal, biomass boilers, air source and ground source heat pumps, supporting sustainability and customer needs.”
• “The Board approved a dividend of £1.6m to Sovini Commercial Limited, reflecting strong underlying performance and support for the Sovini group model.”
• “Sovini Property Services Limited is working with Sovini Limited to implement a new ERP system, with go-live anticipated in early 2026/27 to enhance integration and operational efficiency.”
• “Following Ian Fazakerley's retirement, succession planning ensured immediate appointment of a new Executive Director with deep company-specific knowledge, supporting continuity and strategic leadership.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.4%

  £32,841,000 → £32,970,000

• Cash

  -25.2%

  £568,000 → £425,000

• Net assets

  -30.8%

  £2,244,000 → £1,553,000

• Employees

  -3.5%

  313 → 302

• Operating profit

  +2.4%

  £1,196,000 → £1,225,000

• Profit before tax

  -4.7%

  £1,352,000 → £1,288,000

• Wages

  -2.9%

  £11,330,000 → £11,000,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers