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Sourceful Ltd

11260656

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

COLONY, MANCHESTER, M1 3BR
Incorporated 16/03/2018

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/06/2025

Due 24/06/2026

On track

Industry

47990
Other retail sale not in stores, stalls or markets
74909
Other professional, scientific and technical activities

Officers

Ms Shiran Zheng

director · Since 16/03/2018

COMPANY DIRECTOR

CHINESE · UNITED KINGDOM · Age 35

Also on 2 other boards

Mr Wing Yung Chan

director · Since 01/06/2020

CEO

BRITISH · ENGLAND · Age 35

Mr Daniel Hillel Rimer

director · Since 08/02/2021

INVESTOR

SWISS,CANADIAN · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Wing Yung Chan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 35

31, 388 Deansgate, Manchester, M3 4LB

Notified 20/02/2024

Former PSCs

Ms Shiran Zheng

Ceased 10/12/2020

Mr Wing Yung Chan

Ceased 16/02/2024

CompanyRankvs 1390+ SIC 47990 peers
82

Financial strength100th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 26.55× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 pts

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

Longevity8/15 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 31/03/2021

Net Worth

£7.7M

Balance sheet strength

Cash

£7.6M

Cash in the bank

Net Current Assets

£7.7M

Working capital

Current Assets

£8.0M

Current Liabilities

£300k

Fixed Assets

£25k

Debtors

£265k

6avg. employees+5

Balance Sheet

Intangible assets£3k
Assets less current liabilities£7.7M

EstimatesDerived

YearCurrent Ratio
202126.55
20200.70
20190.62

Derived from filed accounts. Not audited figures.