The Source Cafe Bar Ltd
04249819
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
Former
secretary · Resigned 01/10/2004
corporate secretary · Resigned 27/07/2007
director · Resigned 06/11/2009
Persons with Significant Control
Miss Rachel Elizabeth Scaiff
British · United Kingdom · Age 56
Unit C11, Tweedale Industrial Estate, Telford, TF7 4JR
Notified 01/07/2016
Former PSCs
Mr James Joseph Moore
Ceased 23/12/2018
Charges1 outstanding
DEVON AND CORNWALL SECURITIES LIMITED
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
UNIT C11 TWEEDALE INDUSTRIAL ESTATE
TELFORD
CompanyRankvs 8113+ SIC 56302 peers43
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£58k
Balance sheet strength
Cash
£116
Cash in the bank
Net Current Assets
£205k
Working capital
Current Assets
£274k
Current Liabilities
£69k
Fixed Assets
£596k
Debtors
£274k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.96 | -£21k |
| 2024 | 4.33 | +£8k |
| 2023 | 4.02 | -£18k |
| 2022 | 0.48 | +£30k |
| 2021 | — | +£29k |
| 2020 | — | +£29k |
Derived from filed accounts. Not audited figures.