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Smartsource Solutions Ltd

06729870

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

PRESIDENT PARK, SHEFFIELD, S4 7UR
Incorporated 22/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Matthew Adam Cotton

director · Since 28/08/2009

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Mr Matthew Adam Cotton

secretary · Since 02/10/2009

Also on 8 other boards

Persons with Significant Control

Mr Matthew Adam Cotton

50–75% shares

British · England · Age 53

President Park, President Way, Sheffield, S4 7UR

Notified 10/10/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 22/10/2019Registered 26/10/2019
charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2009Registered 25/09/2009

CompanyRankvs 2652+ SIC 46900 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.72× · 16/20
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/08/2025

Net Worth

£269k

Balance sheet strength

Cash

£231k

Cash in the bank

Net Current Assets

£226k

Working capital

Current Assets

£539k

Current Liabilities

£314k

Fixed Assets

£45k

Debtors

£209k

9avg. employees

Tax at Year End

Corp tax£49k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£270k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.72+£9k
20241.45+£39k
20231.60-£96k
20221.86-£79k
20212.19-£42k
20201.80+£98k
20191.68+£58k
20181.49

Derived from filed accounts. Not audited figures.