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Source Food Limited

15939804

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Building 18 Gateway 1000 Whittle Way, Arlington Business Park, Stevenage, SG1 2FP
Incorporated 05/09/2024

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 11/09/2025

Due 25/09/2026

On track

Industry

10890
Manufacture of other food products

Officers

Mr Philip Malamatinas

director · Since 05/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Philip Malamatinas

director · Since 05/09/2024

British · England · Age 41

Persons with Significant Control

Mr Philip Malamatinas

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

British · England · Age 41

Building 18 Gateway 1000, Whittle Way, Stevenage, SG1 2FP

Notified 05/09/2024

Change History

status → active
2026-06-25

Active

type → ltd
2026-06-25

Private Limited Company

address line1 → Building 18 Gateway 1000 Whittle Way
2026-06-25

BUILDING 18 GATEWAY 1000 WHITTLE WAY

post town → Stevenage
2026-06-25

STEVENAGE

CompanyRankvs 3987+ SIC 10890 peers
15

Financial strength10th percentile among SIC peers · 3/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3987Source Food Limited
24
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.

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity2/15 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

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

Going Concern Doubt

cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Tu

Key FinancialsYear ending 30/09/2025

Net Worth

-£35k

Balance sheet strength

Cash

£24

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£1k

Current Liabilities

£37k

Fixed Assets

£702

Debtors

£1k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.03

Derived from filed accounts. Not audited figures.