Back to search

Sourcecode Uk Limited

04843410

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Duo, Level 6, 280 Bishopsgate, London, EC2M 4RB
Incorporated 23/07/2003

Previously known as

Miflow Limited · until 29/06/2005

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

62090
Other information technology service activities

Officers

Sarah Visbeek

director · Since 17/12/2025

AMERICAN · UNITED STATES · Age 43

Also on 5 other boards

Mr Stephen Andrew Elop

director · Since 06/04/2026

CANADIAN · UNITED STATES · Age 62

Also on 4 other boards

Sarah Visbeek

director · Since 17/12/2025

American · United States · Age 43

Stephen Andrew Elop

director · Since 06/04/2026

Canadian · United States · Age 62

Former

Justin Oliver Mullen

director · Resigned 13/06/2006

Willem Adriaan Van Wyk

director · Resigned 13/06/2006

Brian Alan Colbeck

director · Resigned 31/12/2007

Ruan Scott

secretary · Resigned 31/12/2009

Ruan Scott

director · Resigned 31/12/2009

Hendrik Peter Laubscher

director · Resigned 31/12/2009

Dennis Lewes Parker

director · Resigned 03/08/2015

Warren Bingham

secretary · Resigned 03/03/2016

Waren Bingham

director · Resigned 03/03/2016

Steven Rees-Pullman

director · Resigned 09/03/2017

Hubert Cheng

secretary · Resigned 09/01/2018

Hubert Cheng

director · Resigned 09/01/2018

Jared Kenneth Briggs

secretary · Resigned 01/03/2018

Jared Kenneth Briggs

director · Resigned 01/03/2018

Loyd Evan Ellis

secretary · Resigned 07/02/2019

Loyd Evan Ellis Jr

director · Resigned 14/10/2020

Shelley Hall

secretary · Resigned 14/10/2020

John David Ederer

director · Resigned 14/10/2020

Keith Toshio Fujinaga

director · Resigned 13/04/2022

Eric Brandon Johnson

director · Resigned 01/04/2023

Jeffrey Allan Christianson

secretary · Resigned 01/05/2023

Jeffrey Allan Christianson

director · Resigned 01/05/2023

Amit Kasturilal Mathradas

director · Resigned 17/12/2025

Eric Michael Emans

director · Resigned 31/12/2025

Burt Chao

director · Resigned 12/05/2026

Persons with Significant Control

Nintex Uk Limited

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

16, Great Queen Street, London, WC2B 5AH

Reg: 08057414 · Companies House · Private Limited Company

Notified 15/01/2025

Former PSCs

K2 Software, Inc.

Ceased 15/01/2025

Charges0 outstanding

Charge
satisfied

TPG SPECIALITY LENDING EUROPE I ADVISORS LTD.

Created 02/12/2020Registered 03/12/2020Satisfied 16/11/2021
Charge
satisfied

PNC BANK, NATIONAL ASSOCIATION

Created 25/07/2019Registered 02/08/2019Satisfied 26/11/2020
charge
satisfied

SILICON VALLEY BANK

Created 09/01/2012Registered 13/01/2012Satisfied 15/07/2019
charge
satisfied

SILICON VALLEY BANK

Created 09/07/2010Registered 17/07/2010Satisfied 12/07/2019
charge
satisfied

SQUARE 1 BANK

Created 28/03/2008Registered 08/04/2008Satisfied 04/01/2012

Change History

statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line1Duo, Level 6
2026-06-14

DUO, LEVEL 6

post townLondon
2026-06-14

LONDON

officer appointedELOP, Stephen Andrew
2026-06-14
officer appointedVISBEEK, Sarah
2026-06-14

CompanyRankvs 31388+ SIC 62090 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

performed, 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 c

Key FinancialsYear ending 31/12/2020

Net Worth

-£7.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£534k

Bottom line earnings

Net Current Assets

-£6.0M

Working capital

Current Assets

£42.6M

Current Liabilities

£48.6M

Debtors

£41.5M

Profit After Tax

£43k

34avg. employees

Tax at Year End

Corp tax£46k

People Costs

Wages & salaries£4.0M
NI contributions£472k

Balance Sheet

Assets less current liabilities-£6.0M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20200.88

Derived from filed accounts. Not audited figures.