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Uk Sourced Ltd

12202036

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

20 GREENBROOK ROAD, BURNLEY, BB12 6PD
Incorporated 11/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Codie Josef Simpson

director · Since 11/09/2019

ELECTRICIAN

ENGLISH · ENGLAND · Age 28

Also on 2 other boards

Mr Luke Alexander Needham

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 2 other boards

Persons with Significant Control

Mr Codie Josef Simpson

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

English · England · Age 28

20, Greenbrook Road, Burnley, BB12 6PD

Notified 11/09/2019

Mr Luke Alexander Needham

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

British · England · Age 28

20, Greenbrook Road, Burnley, BB12 6PD

Notified 03/10/2022

CompanyRankvs 33110+ SIC 47910 peers
49

Financial strength13th percentile among SIC peers · 3/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£30k

Current Liabilities

£21k

2avg. employees

Balance Sheet

Assets less current liabilities£9k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£3k
20231.84-£8k
20223.19
202117.10

Derived from filed accounts. Not audited figures.