HomeCompanies in AdministrationSovereign Number 1 Ltd

Is Sovereign Number 1 Ltd in administration?

Last verified 11 July 2026
In AdministrationYes, Sovereign Number 1 Ltd (company number 11114586) entered administration on 27 June 2024.

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Sovereign Number 1 Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Administration
Company number11114586
Incorporated15 December 2017 (9 years old)
Registered officeC/O FRP ADVISORY TRADING LIMITED (GLASGOW OFFICE), 2nd Floor 110 Cannon Street, London, EC4N 6EU
Nature of business (SIC)68100: Buying and selling of own real estate
Date entered administration27 June 2024
Official noticeView the official notice ↗
Public registerView filing history ↗

About the business

Sovereign Number 1 Ltd is a UK limited company based in London, incorporated in 2017 and 7 years old when the administrator was appointed. Its registered activity is buying and selling of own real estate (SIC 68100). There have been 5 director appointments since incorporation, alongside 1 person with significant control. 2 charges have been registered against the company, 2 of which are still outstanding.

Statement of Affairs

No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.

Directors

5 people have been appointed as directors of Sovereign Number 1 Ltd.

DirectorStatusResigned
Emma Kayne+ 3 othersResigned24 Jun 2024
Carl Philip Brown+ 2 othersResigned2 Feb 2024
John Arthur Gibson+ 5 othersResigned26 Nov 2020
John Arthur Gibson+ 5 othersResigned25 Nov 2018
Dale Stephen Funnell+ 3 othersResigned10 Apr 2018

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Persons with significant control

Individuals or entities with significant influence or control.

3 ceased controls
  • Mr Dale Stephen Funnell · ceased 10 Apr 2018
  • Mr John Arthur Gibson · ceased 26 Nov 2020
  • Mr Carl Philip Brown · ceased 2 Feb 2024

Charges register

Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingSoho Green Pcc Limited/Cell 005
A registered charge · Created 24 Feb 2023 · Pending
OutstandingSoho Green Pcc LTD / Cell 005
A registered charge · Created 17 Jan 2023 · Pending

What happened

EventDateType
Notice of move from Administration to Dissolution25 June 2026AM23
Administrator's progress report21 January 2026AM10
Administrator's progress report18 July 2025AM10
Notice of extension of period of Administration23 June 2025AM19
Administrator's progress report16 January 2025AM10
42 earlier events · 2018 to 2024
Notice of deemed approval of proposals6 September 2024AM06
Statement of administrator's proposal16 August 2024AM03
Appointment of an administrator27 June 2024AM01
Registered office address changed27 June 2024AD01
Termination of appointment as a director25 June 2024TM01
Confirmation statement made with updates9 February 2024CS01
Cessation as a person with significant control8 February 2024PSC07
Notification as a person with significant control8 February 2024PSC01
Termination of appointment as a director2 February 2024TM01
Appointment as a director2 February 2024AP01
Registered office address changed5 January 2024AD01
Director's details changed15 September 2023CH01
Micro company accounts made up28 July 2023AA
Confirmation statement made with no updates22 April 2023CS01
Registration of charge , created15 March 2023MR01
Registration of charge , created2 February 2023MR01
Accounts for a dormant company made up24 August 2022AA
Confirmation statement made with updates22 April 2022CS01
Statement of capital following an allotment of shares22 April 2022SH01
Confirmation statement made with no updates29 November 2021CS01
Accounts for a dormant company made up8 February 2021AA
Cessation as a person with significant control27 November 2020PSC07
Confirmation statement made with updates27 November 2020CS01
Notification as a person with significant control27 November 2020PSC01
Termination of appointment as a director26 November 2020TM01
Appointment as a director26 November 2020AP01
Accounts for a dormant company made up28 October 2020AA
Withdrawal of a person with significant control statement23 November 2019PSC09
Notification as a person with significant control23 November 2019PSC01
Confirmation statement made with updates18 November 2019CS01
Accounts for a dormant company made up24 January 2019AA
Appointment as a director28 December 2018AP01
Confirmation statement made with no updates28 December 2018CS01
Registered office address changed6 December 2018AD01
Notification of a person with significant control statement25 November 2018PSC08
Termination of appointment as a director25 November 2018TM01
Registered office address changed26 June 2018AD01
Cessation as a person with significant control7 June 2018PSC07
Registered office address changed15 April 2018AD01
Appointment as a director15 April 2018AP01
Termination of appointment as a director12 April 2018TM01
Registered office address changed20 February 2018AD01
Incorporation15 December 2017NEWINC

What this means for you

If you are a creditor

Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.

A creditor's checklist

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.

How retention of title works

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Frequently asked questions

Is Sovereign Number 1 Ltd in administration?
Yes. Sovereign Number 1 Ltd (company number 11114586) entered administration on 27 June 2024.
What does Sovereign Number 1 Ltd do?
Sovereign Number 1 Ltd's registered nature of business is buying and selling of own real estate (SIC 68100).
Where is Sovereign Number 1 Ltd based?
Sovereign Number 1 Ltd's registered office is C/O FRP ADVISORY TRADING LIMITED (GLASGOW OFFICE), 2nd Floor 110 Cannon Street, London, EC4N 6EU. The registered office is the address held on the public register, which is not always the trading address.
When was Sovereign Number 1 Ltd founded?
Sovereign Number 1 Ltd was incorporated on 15 December 2017, 7 years before the administrator was appointed.
What is Sovereign Number 1 Ltd's company number?
Sovereign Number 1 Ltd's registered company number is 11114586.
Who has significant control of Sovereign Number 1 Ltd?
1 active person with significant control over Sovereign Number 1 Ltd is on the register: Mrs Emma Kayne.
Does Sovereign Number 1 Ltd have any outstanding charges?
2 outstanding charges are registered against Sovereign Number 1 Ltd out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at Sovereign Number 1 Ltd at risk?
When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
What does administration mean for creditors of Sovereign Number 1 Ltd?
Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
When did Sovereign Number 1 Ltd go into administration?
Sovereign Number 1 Ltd went into administration on 27 June 2024.

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