{"name":"SONATEX LIMITED","company_number":"08326878","status":"Active","type":"Private Limited Company","incorporated":"2012-12-11","dissolved":null,"registered_office":"128a Evington Road, Leicester, Leicestershire, LE2 1HL","postcode":"LE2 1HL","sic_codes":[{"code":68209,"description":"Other letting and operating of own or leased real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":3,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":115762,"cash":130638,"average_employees":3},{"financial_date":"2023-12-31","net_assets":134620,"cash":278562,"average_employees":3},{"financial_date":"2022-12-31","net_assets":176171,"cash":447978},{"financial_date":"2021-12-31","net_assets":181501,"cash":683622},{"financial_date":"2020-12-31","net_assets":170659,"cash":106479}],"officers":{"current":3,"resigned":1,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Sonatex Limited is a small, Leicester-based property investment company whose financial trajectory raises material concerns. While the £1.49M investment property portfolio demonstrates ongoing commitment to the sector — evidenced by £190,420 in capital additions during 2024 — the 36% decline in net assets over three years, a working capital deficit of £133,592, and a 53% cash drawdown signal mounting pressure from the higher interest rate environment. The company's total leverage (liabilities approximately 10.8x equity) significantly exceeds prudent sector norms, and its capacity to absorb further cost increases or income disruptions is severely constrained without refinancing or equity injection.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/sonatex","people":"https://www.companiesintheuk.co.uk/company/sonatex/people","filing_history":"https://www.companiesintheuk.co.uk/company/sonatex/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08326878","financials":"https://www.companiesintheuk.co.uk/company/sonatex/financial","control":"https://www.companiesintheuk.co.uk/company/sonatex/control","charges":"https://www.companiesintheuk.co.uk/company/sonatex/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/sonatex/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/sonatex"}