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Componentsource Limited

02890788

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE WHITE BUILDING, READING, RG1 3AR
Incorporated 25/01/1994

Compliance

Last accounts

31/10/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

Industry

46510
Wholesale of computers, computer peripheral equipment and software
47410
Retail sale of computers, peripheral units and software in specialised stores
58290
Other software publishing

Officers

Adrian Robinson

director · Since 25/01/1994

DIRECTOR

BRITISH · ENGLAND · Age 60

Paul Klinger

secretary · Since 20/09/1995

SOLICITOR

BRITISH · CHANNEL ISLANDS · Age 79

Also on 7 other boards

Harold David James Kelly

director · Since 20/09/1995

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Nigel Farnworth

director · Since 06/04/2005

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Former PSCs

Mr Adrian Robinson

Ceased 17/02/2020

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/06/1996Registered 24/06/1996
charge
satisfied

MCGINLEY CONSTRUCTION SERVICES LIMITED

Created 08/11/1995Registered 09/11/1995Satisfied 04/03/2025

CompanyRankvs 129+ SIC 46510 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

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 going co

Key FinancialsYear ending 31/10/2024

Turnover

£35.2M

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£657k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£5.4M

Current Liabilities

£3.7M

Fixed Assets

£210k

Debtors

£3.0M

Cost of Sales

£30.6M

Gross Profit

£4.7M

Admin Expenses

£4.0M

Operating Profit

£651k

Profit After Tax

£496k

25avg. employees+1

Tax at Year End

Corp tax£158k
Dividends paid£363k

People Costs

Wages & salaries£2.1M
NI contributions£269k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46+£133k
20231.44-£502k
20221.70+£875k
20211.41

Derived from filed accounts. Not audited figures.