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Topsource Worldwide (Uk) Ltd

04626779

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 02/01/2003

Compliance

Last accounts

30/03/2025

audit exemption subsidiary

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

63110
Data processing, hosting and related activities

Officers

Mr William Wallace Hastings

secretary · Since 02/01/2003

MANAGER

AMERICAN · UNITED KINGDOM · Age 58

Also on 9 other boards

Mr William Wallace Hastings

director · Since 02/01/2003

MANAGER

AMERICAN · ENGLAND · Age 58

Also on 9 other boards

Mr Bryan Nicholas Davies

director · Since 12/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Mr. Nima Abrishamchian

director · Since 02/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 9 other boards

Persons with Significant Control

Topsource Worldwide Group Limited

75–100% shares
75–100% votes
Appoint directors

Labs House, Office 807, Labs House 15-19,, London, WC1A 2TH

Reg: 12987655 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 14/12/2020

Former PSCs

Mr William Wallace Hastings

Ceased 14/12/2020

Charges2 outstanding

Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 26/10/2022Registered 28/10/2022
Charge
satisfied

ELM CORPORATE CREDIT DESIGNATED ACTIVITY COMPANY (AS SECURITY AGENT)

Created 21/12/2020Registered 22/12/2020Satisfied 25/11/2022
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 29/04/2014Registered 30/04/2014Satisfied 04/01/2021
charge
satisfied

CLYDESDALE BANK PLC

Created 24/07/2008Registered 26/07/2008Satisfied 23/02/2016
charge
outstanding

MARLBOROUGH LIMITED

Created 01/02/2007Registered 21/02/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 21/09/2005Registered 29/09/2005Satisfied 31/07/2008

CompanyRankvs 1722+ SIC 63110 peers
63

Financial strength89th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength22/25 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.

Liquidity6/20 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 31/03/2020

Net Worth

£114k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£1.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£3.3M

Fixed Assets

£1.9M

Debtors

£972k

Profit After Tax

£613k

782avg. employees

Balance Sheet

Bank loans & overdrafts£72k
Assets less current liabilities£894k
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent Ratio
20200.69

Derived from filed accounts. Not audited figures.