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Primary Source Limited

02210875

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

112 MORDEN ROAD, SW19 3BP
Incorporated 14/01/1988

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Christopher John Duff

director · Since 31/01/1993

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Chris Duff

75–100% shares

British · England · Age 60

112 Morden Road, SW19 3BP

Notified 06/04/2016

CompanyRankvs 32209+ SIC 62012 peers
46

Financial strength17th percentile among SIC peers · 4/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£15k

Current Liabilities

£16k

Fixed Assets

£128

1avg. employees

Balance Sheet

Assets less current liabilities-£881
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£2k
20240.92+£64
20230.89+£55
20220.87-£51
20210.89-£6k
20200.30
20190.89

Derived from filed accounts. Not audited figures.