Heatsource (Wales) Limited
08316757
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
30/12/2026
Confirmation statement
Last: 13/09/2025
Due 27/09/2026
Industry
Officers
director · Since 10/12/2012
MANAGER
BRITISH · UNITED KINGDOM
Also on 2 other boards
Persons with Significant Control
Pug Group Limited
Reg: 11579959 · The Register Of Companies For England And Wales · Limited Company
Notified 31/03/2021
Former PSCs
Mr Matthew Evan Powell
Ceased 31/03/2021
Mr Morgan Rhys Powell
Ceased 31/03/2021
Miss Kelsey Powell
Ceased 31/03/2021
CompanyRankvs 24090+ SIC 43220 peers48
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£57k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£55k
Working capital
Current Assets
£798k
Current Liabilities
£854k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£2k |
| 2024 | 0.93 | -£16k |
| 2023 | 0.78 | — |
Derived from filed accounts. Not audited figures.