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Sourcing - It Limited

02876790

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

2ND FLOOR MARITIME PLACE, CHATHAM MARITIME, ME4 4QZ
Incorporated 01/12/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Ms Andrea Louise Wemyss

director · Since 24/01/1994

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mrs Deborah Claridge

secretary · Since 01/09/2012

Mr Stephen Wemyss

director · Since 01/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

Ms Andrea Louise Wemyss

25–50% shares

British · United Kingdom · Age 61

2nd Floor, Aquis House, 49-51, Blagrave Street, Reading, RG1 1PL

Notified 06/04/2016

Mr Stephen Wemyss

25–50% shares

British · United Kingdom · Age 56

2nd Floor, Aquis House, 49-51, Blagrave Street, Reading, RG1 1PL

Notified 06/04/2016

Charges1 outstanding

A registered charge
satisfied

LLOYDS TSB BANK PLC

DEBENTURE

Created 23/07/2007Registered 07/08/2026Satisfied 07/08/2026
Charge
satisfied

LLOYDS BANK PLC

Created 12/08/2020Registered 12/08/2020Satisfied 25/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 13/03/2015Registered 24/03/2015Satisfied 08/12/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 23/07/2007Registered 11/08/2007

CompanyRankvs 15+ SIC 62020 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£622k

Balance sheet strength

Cash

£396k

Cash in the bank

Net Current Assets

£506k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.0M

Fixed Assets

£299k

Debtors

£996k

16avg. employees-1

Balance Sheet

Assets less current liabilities£805k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49-£188k
20231.53

Derived from filed accounts. Not audited figures.