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Source (South West) Ltd

16010040

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)

Details

Woodlands Station Road, Trusham, Newton Abbot, TQ13 0NL
Incorporated 10/10/2024

Compliance

Next accounts due

10/07/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

68100
Buying and selling of own real estate
68310
Real estate agencies

Officers

William James Acock

director · Since 10/10/2024

British · England · Age 40

Persons with Significant Control

Mr William James Acock

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

British · England · Age 40

Woodlands, Station Road, Newton Abbot, TQ13 0NL

Notified 10/10/2024

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Woodlands Station Road
2026-06-09

WOODLANDS STATION ROAD

post townNewton Abbot
2026-06-09

NEWTON ABBOT

CompanyRankvs 147629+ SIC 68100 peers
32

Financial strength24th percentile among SIC peers · 6/25
Employees59th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

Current Liabilities

£2k

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production