Source Chemicals Ltd
10362537
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
27/06/2026
Confirmation statement
Last: 06/09/2025
Due 20/09/2026
Industry
Officers
Persons with Significant Control
Mr Paul Smith
British · United Kingdom · Age 43
49, Whitegate, Littleborough, OL15 8PU
Notified 07/09/2016
Change History
Active
Private Limited Company
49 WHITEGATE
LITTLEBOROUGH
CompanyRankvs 1389+ SIC 46750 peers38
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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 30/09/2024
Net Worth
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£14k
Current Liabilities
£22k
Fixed Assets
£22
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.65 | +£26k |
| 2023 | 0.16 | -£29k |
| 2021 | 0.75 | — |
Derived from filed accounts. Not audited figures.