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Source Advisors Limited

05852134

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

Floor 3 20 Farringdon Street, London, EC4A 4AB
Incorporated 20/06/2006

Previously known as

Government Grant & Tax Consultants Limited · until 01/02/2024

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

69203
Tax consultancy

Officers

Luke Giuilio Hamm

director · Since 25/09/2018

British · England · Age 39

Pritesh Lalloo

director · Since 01/12/2024

British · England · Age 45

Former

Business Information Research & Reporting Ltd

corporate director · Resigned 20/06/2006

Irene Lesley Harrison

secretary · Resigned 20/06/2006

Mary Elizabeth Penn

secretary · Resigned 09/10/2006

Timothy James Croft

secretary · Resigned 14/09/2015

Timothy James Croft

director · Resigned 14/09/2015

Mandy Susan Elizabeth Wilson

director · Resigned 14/09/2015

Darrel John Connell

director · Resigned 07/12/2016

Russell George Healey

director · Resigned 01/10/2017

Jeremy Charles William Tear

director · Resigned 31/01/2018

Amy-Louise Mary Crofton

director · Resigned 17/09/2018

John Robert Penn

director · Resigned 01/03/2020

Dominic Alex Bartholdi

director · Resigned 16/02/2024

Clive Martin Flood

director · Resigned 16/02/2024

Steven John Phillips

director · Resigned 05/11/2024

Persons with Significant Control

Innovation Consulting Group Limited

75–100% shares

2nd Floor Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU

Notified 30/09/2020

Former PSCs

Mr John Robert Penn

Ceased 06/04/2016

The Business Advisory Limited

Ceased 30/09/2020

Mr Jeremy Charles William Tear

Ceased 06/04/2016

Foresight Vct Plc

Ceased 06/04/2016

Charges0 outstanding

Charge
satisfied

JOHN PENN · JEREMY TEAR

Created 09/03/2020Registered 19/03/2020Satisfied 08/03/2023
Charge
satisfied

FORESIGHT VCT PLC

Created 09/03/2020Registered 18/03/2020Satisfied 12/04/2023
Charge
satisfied

SANTANDER UK PLC

Created 09/03/2020Registered 11/03/2020Satisfied 12/04/2023
Charge
satisfied

FORESIGHT VCT PLC

Created 01/10/2015Registered 06/10/2015Satisfied 12/04/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/09/2006Registered 21/09/2006Satisfied 11/07/2014

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Floor 3 20 Farringdon Street
2026-06-09

FLOOR 3

post townLondon
2026-06-09

LONDON

officer appointedHAMM, Luke Giuilio
2026-06-09
officer appointedLALLOO, Pritesh
2026-06-09

CompanyRankvs 33+ SIC 69203 peers
90

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£4.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£5.3M

Current Liabilities

£1.4M

Fixed Assets

£486k

Debtors

£4.1M

Profit After Tax

£1.5M

51avg. employees+12

Tax at Year End

Corp tax£53k

Balance Sheet

Intangible assets£475k
Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20243.70
20226.56
20213.17
20202.39
20192.32
20187.12

Derived from filed accounts. Not audited figures.