SOVINI COMMERCIAL LIMITED

1. SOVINI COMMERCIAL LIMITED 2016-03-30 → present
2. SOVINI MAINTENANCE LIMITED 2012-12-06 → 2016-03-30
3. SOVINI PROPERTY SERVICES LIMITED 2012-06-13 → 2012-12-06
4. SOVINI LIMITED 2012-04-04 → 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

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The expected performance and commitments of the group and the company over the short and medium term have been reviewed and considered, and there is a reasonable expectation that the group has adequate resources to continue in operational existence for the 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.”

Group structure

1. SOVINI COMMERCIAL LIMITED · parent
   1. Sovini Land Acquisition Limited 100% · UK · Acquisition and sale of development land and development package deals
   2. Sovini Construction Limited 100% · UK · House builder - develops for Sovini Developments
   3. Sovini Waste Solutions Limited 100% · UK · Skip hire, waste transfer and environmental services
   4. Sovini Property Services Limited 100% · UK · Repair and maintenance services to the Sovini group
   5. Sovini Trade Supplies Limited 100% · UK · Building materials supplier / trade counter
   6. Amianto Services Limited 100% · UK · Licenced and unlicenced asbestos management/removal services
   7. Teal Scaffold Limited 100% · UK · Scaffold erection services
   8. Sovini Homes 100% · UK · dormant
   9. Sovini Environmental 100% · UK · dormant

Significant events

• “The Board approved the annual business plan and 5-year financial forecast, setting out growth targets including turnover of £98.0m and EBITDA of £7.6m by 2029/30.”
• “The Board approved a dividend of £2.6m to Sovini Limited, reflecting strong underlying performance and support for the Sovini group model.”
• “Following Ian Fazakerley's retirement, succession planning ensured immediate appointment of a new Executive Director.”

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

  -6.9%

  £77,272,000 → £71,967,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +26.5%

  £1,875,000 → £2,371,000

• Profit before tax

  +42.4%

  £1,496,000 → £2,131,000

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