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Source Group International Holdings Limited

11042276

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

Dixcart House Addlestone Road, Bourne Business Park, Addlestone, KT15 2LE
Incorporated 01/11/2017

Previously known as

Source Group International Ltd · until 08/06/2021

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Lawrence Hargreaves

director · Since 01/11/2017

RECRUITMENT

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Mr Ashley James Charles Dexter

director · Since 13/10/2021

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Lawrence Hargreaves

director · Since 01/11/2017

British · England · Age 48

Ashley James Charles Dexter

director · Since 13/10/2021

British · United Kingdom · Age 51

Former

Gavin Tew

secretary · Resigned 12/05/2025

Gavin Tew

director · Resigned 12/05/2025

Persons with Significant Control

Mr Lawrence Hargreaves

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

British · England · Age 48

Dixcart House, Addlestone Road, Addlestone, KT15 2LE

Notified 01/11/2017

Former PSCs

Mr Gavin Tew

Ceased 12/05/2025

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 17/06/2021Registered 18/06/2021
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 07/01/2020Registered 07/01/2020Satisfied 02/12/2022

Change History

statusactive
2026-06-25

Active

typeltd
2026-06-25

Private Limited Company

address line1Dixcart House Addlestone Road
2026-06-25

DIXCART HOUSE ADDLESTONE ROAD

post townAddlestone
2026-06-25

ADDLESTONE

CompanyRankvs 44482+ SIC 96090 peers
34

Financial strength96th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. However, because not all future events or conditions can be predicted this statement i

Key FinancialsYear ending 31/12/2024

Net Worth

£571k

Balance sheet strength

Cash

£904k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

-£558k

Working capital

Current Assets

Current Liabilities

£558k

Fixed Assets

£56k

Debtors

£11.7M

Cost of Sales

£48.3M

Admin Expenses

£9.4M

Profit After Tax

£1.1M

1avg. employees+1

Tax at Year End

Corp tax£396k

People Costs

Wages & salaries£5.9M

Balance Sheet

Intangible assets£31k
Bank loans & overdrafts£85k
Assets less current liabilities£86k
Prepared with CCH Software