Back to search

Eurosource Limited

01842950

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

UNIT 10 BLOCK G PENMAEN INDUSTRIAL ESTATE, BLACKWOOD, NP12 2DQ
Incorporated 22/08/1984

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

29/12/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Toby Scott Richards

director · Since 08/06/2015

DIRECTOR

BRITISH · WALES · Age 42

Also on 5 other boards

Ms Karen Tovey

secretary · Since 16/11/2021

Persons with Significant Control

Sourc'D Group Ltd

75–100% shares

Ty Allforo, Angel Lane, Bargoed, CF81 9AG

Reg: 09506185 · Uk · Limited Company

Notified 12/07/2019

Former PSCs

Mr Stephen Karl Williams

Ceased 28/06/2019

Mr Toby Scott Richards

Ceased 12/07/2019

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 21/12/2016Registered 11/01/2017Satisfied 25/11/2021
Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 17/01/2014Registered 24/01/2014Satisfied 25/11/2021

Insolvency History1 case

corporate voluntary arrangement

Susan Purnell (practitioner) · Leigh Jane Holmes (practitioner)

CompanyRankvs 5267+ SIC 71129 peers
61

Financial strength85th percentile among SIC peers · 21/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£103k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£75k

Current Liabilities

£45k

Fixed Assets

£102k

Debtors

£28k

1avg. employees-1

Tax at Year End

VAT£8k

Balance Sheet

Intangible assets£102k
Bank loans & overdrafts£29k
Assets less current liabilities£132k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.66-£96k£153k
20240.58

Derived from filed accounts. Not audited figures.