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Main Source Technologies Ltd

08644068

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4TH FLOOR, WATFORD, WD17 1HP
Incorporated 09/08/2013

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 09/08/2025

Due 23/08/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr James Alphonse Mccall

director · Since 09/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr James Alphonse Mccall

75–100% shares
75–100% votes
Appoint directors

British · England · Age 49

278 Whippendell Road, Watford, WD18 7NL

Notified 09/08/2016

CompanyRankvs 86640+ SIC 62020 peers
37

Financial strength9th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

Longevity13/15 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 31/08/2025

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£3k

Current Liabilities

£10k

1avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£239
20240.30
20230.31
20220.32

Derived from filed accounts. Not audited figures.