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Ethically Sourced Products Limited

04024969

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BLACK AND YELLOW BUILDING, UNIT 1, LEICESTER, LE5 3PA
Incorporated 03/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14131
Manufacture of men's outerwear
14132
Manufacture of women's outerwear

Officers

Mr Richard Dominic Olley

director · Since 03/07/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 6 other boards

Mrs Jane Elizabeth Olley

secretary · Since 10/01/2018

Persons with Significant Control

Mr Richard Dominic Olley

50–75% shares
50–75% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 60

Black And Yellow Building, Unit 1, 30 Stonebridge Street, Leicester, LE5 3PA

Notified 01/07/2016

Mrs Jane Olley

25–50% shares
25–50% votes

British · England · Age 54

Black And Yellow Building, Unit 1, 30 Stonebridge Street, Leicester, LE5 3PA

Notified 18/03/2024

Charges1 outstanding

Charge
outstanding

LEICESTER CITY COUNCIL

Created 23/01/2018Registered 25/01/2018

CompanyRankvs 129+ SIC 14131 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
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 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.

Liquidity2/20 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 30/06/2025

Net Worth

£775k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£350k

Working capital

Current Assets

£261k

Current Liabilities

£611k

Fixed Assets

£2.1M

Debtors

£196k

57avg. employees

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43+£0
20250.43+£18k
20240.48+£172k
20230.47+£195k
20220.36+£191k
20210.22+£171k
20200.17+£10k
20190.13-£37k
20180.18

Derived from filed accounts. Not audited figures.