Outsource Uk Limited
02609884
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/02/2015
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
secretary · Since 26/11/2024
director · Since 01/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 3 other boards
Persons with Significant Control
Newick Holdings Ltd
Azzurri House, Walsall Business Park, Walsall, WS9 0RB
Reg: 13165980 · The Register Of Companies For England And Wales · Private Company Limited By Shares
Notified 26/02/2021
Former PSCs
Mr Paul Dominic Jameson
Ceased 26/02/2021
Charges1 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")
PAUL DOMINIC JAMESON
LLOYDS BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
LLOYDS TSB COMMERCIAL FINANCE LIMITED TRADING AS ALEX LAWRIE FACTORS
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 147260+ SIC 78109 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/05/2024
Net Worth
-£118k
Balance sheet strength
Cash
£260k
Cash in the bank
Profit Before Tax
-£411k
Bottom line earnings
Net Current Assets
-£1.2M
Working capital
Current Assets
£10.0M
Current Liabilities
£11.3M
Fixed Assets
£1.1M
Debtors
£9.8M
Cost of Sales
£65.6M
Admin Expenses
£4.9M
Profit After Tax
-£325k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | -£325k |
| 2023 | 0.91 | +£42k |
| 2022 | 0.91 | — |
Derived from filed accounts. Not audited figures.