Source Business Services Limited
08759377
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 23/10/2025
Due 06/11/2026
Industry
Officers
Persons with Significant Control
Mr Malcolm Head
British · England · Age 73
25, Lambert Cross, Saffron Walden, CB10 2DP
Notified 01/06/2016
Change History
Active
Private Limited Company
BUSINESS & TECHNOLOGY CENTRE
SAFFRON WALDEN
CompanyRankvs 13527+ SIC 69202 peers47
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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
Turnover
£18k
Annual revenue
Net Worth
-£43
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£58
Working capital
Current Assets
£222
Current Liabilities
£280
Fixed Assets
£0
Profit After Tax
£503
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | — |
| 2024 | 4.01 | — |
| 2023 | 0.00 | — |
| 2022 | 114.00 | — |
| 2021 | 413.33 | -£965 |
| 2020 | Infinity | +£551 |
| 2019 | 8.40 | — |
Derived from filed accounts. Not audited figures.