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Devsource Limited

05858650

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

TECHNOLOGY HOUSE 151, MILTON KEYNES, MK9 1LH
Incorporated 27/06/2006

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 23/07/2025

Due 06/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Dennis Ian Jones

director · Since 27/06/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 15 other boards

Mr Dennis Ian Jones

secretary · Since 01/09/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 15 other boards

Persons with Significant Control

Mr Dennis Ian Jones

75–100% shares

British · England · Age 59

Technology House, 151, Milton Keynes, MK9 1LH

Notified 01/06/2016

Former PSCs

Mr Allan Young

Ceased 12/02/2026

CompanyRankvs 1672+ SIC 62012 peers
83

Financial strength89th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.93× · 20/20
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 strength22/25 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.

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 30/06/2025

Net Worth

£154k

Balance sheet strength

Cash

£143k

Cash in the bank

Net Current Assets

£154k

Working capital

Current Assets

£233k

Current Liabilities

£80k

Fixed Assets

£3

Debtors

£90k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.93-£29k
20244.37-£83k
20236.34-£53k
20224.58-£16k
20215.14+£74k
20207.79-£50k
20196.46-£10k
20185.99

Derived from filed accounts. Not audited figures.