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Source Electrical Services Limited

12130710

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

46 BOULEVARD, WESTON-SUPER-MARE, BS23 1NF
Incorporated 31/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr Paul Lanning

director · Since 01/04/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr Ian James Rogers

director · Since 01/04/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mrs Linda Anne Rogers

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

British · England · Age 48

Unit 3 Laurel House, Station Road, Weston Super Mare, BS22 6AR

Notified 31/07/2019

Mr Ian James Rogers

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

Unit 3 Laurel House, Station Road, Weston Super Mare, BS22 6AR

Notified 25/01/2024

CompanyRankvs 849+ SIC 33140 peers
75

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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849Source Electrical Services Limited
70
How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity7/15 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 31/07/2025

Net Worth

£155k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£429k

Current Liabilities

£270k

Fixed Assets

£166k

Debtors

£240k

22avg. employees+4

Tax at Year End(2024)

Corp tax£17k
VAT£10k

Director Loans(2024)

Company owes directors£2k
Directors owe company£24k

Balance Sheet

Assets less current liabilities£325k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.59-£46k—
20242.09+£19k£200k
20231.88+£33k—
20221.77+£34k£489k
20212.16+£44k—
20201.71——

Derived from filed accounts. Not audited figures.