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Pure Sourcery Ltd

13646190

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)
  • Current liabilities exceed current assets (-10)

Details

GARDEN FLAT, BATH, BA2 4DN
Incorporated 27/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Gary Thomas

director · Since 27/09/2021

MANAGER

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Gary Thomas

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

British · England · Age 66

Garden Flat, 65 Great Pulteney Street, Bath, BA2 4DN

Notified 27/09/2021

CompanyRankvs 44046+ SIC 62020 peers
63

Financial strength86th percentile among SIC peers · 22/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees5/15 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.

Longevity5/15 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

£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£127k

Current Liabilities

£74k

Fixed Assets

£35k

1avg. employees+1

Balance Sheet

Assets less current liabilities£89k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73-£211k
20238.56+£225k
20223.65

Derived from filed accounts. Not audited figures.