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Sourceasia Limited

05031222

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

34 Fore Street, Bovey Tracey, Devon, TQ13 9AD
Incorporated 02/02/2004

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

70229
Management consultancy activities

Officers

Paul John Wenman

director · Since 02/02/2004

British · United Kingdom · Age 67

Susie Wenman

secretary · Since 31/01/2005

British

Persons with Significant Control

Mr Paul John Wenman

25–50% shares
25–50% votes

British · United Kingdom · Age 67

Lyon House, Northcourt Lane, Abingdon, OX14 1PT

Notified 06/04/2016

Susie Wenman

25–50% shares
25–50% votes

British · United Kingdom · Age 67

Lyon House, Northcourt Lane, Abingdon, OX14 1PT

Notified 06/04/2016

Change History

officer appointedWENMAN, Susie
2026-06-09
officer appointedWENMAN, Paul John
2026-06-09
statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line134 Fore Street
2026-06-09

34 FORE STREET

post townDevon
2026-06-09

DEVON

CompanyRankvs 116115+ SIC 70229 peers
44

Financial strength4th percentile among SIC peers · 1/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

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

-£35k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£5k

Current Liabilities

£35k

Fixed Assets

£470

2avg. employees

Tax at Year End

VAT£249

Director Loans

Company owes directors£25k

Balance Sheet

Assets less current liabilities-£29k
Signed by Mr Paul Wenman 18 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.16+£2k£5k
20240.10+£5k£6k
20230.17-£1k£6k
20220.18-£6k£15k
20210.05

Derived from filed accounts. Not audited figures.