SORCE LIMITED Financials
- Company number
- 04324447CopyCopy
- Registered office
- 2 Toomers Wharf, Canal Walk, Newbury, Berkshire RG14 1DY
- Incorporated
- 19/11/2001
Company snapshot
- Status
- Active
- Employees
- 23 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
763.98%vs 20242024: £10.78K
Total Assets
-19.22%vs 20242024: £175.51K
Cash in Bank
No changevs 20242024: £13.00
Total Liabilities
18.97%vs 20242024: £684.16K
Employees
0vs 20242024: 23
In 2025, SORCE LIMITED reported net assets of £93.10K. The same filing shows total assets of £141.78K, cash in bank of £13.00 and total liabilities of £813.98K. Reported headcount was 23 in 2025. Total Liabilities rose from £684.16K in 2024 to £813.98K in 2025 (18.97%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
763.98%from £10.78K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SORCE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+902%vs 2023+217% a year compound (CAGR)
Cash in Bank
-97.2%vs 2023-83.4% a year compound (CAGR)
Total Assets
+37.6%vs 2023+17.3% a year compound (CAGR)
Total Liabilities
+69.8%vs 2023+30.3% a year compound (CAGR)
Employees
-4.2%vs 2023-1Biggest increase
Net Assets+902%
£9.29K in 2023 to £93.10K in 2025
Biggest decrease
Cash in Bank-97.2%
£469.00 in 2023 to £13.00 in 2025
SORCE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SORCE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 65.67%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 574.11%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to total assets
- 0.01%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SORCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 267.63K | 293.37K | 9.29K | 10.78K | 93.10K |
| Total Assets£ | 651.01K | 588.04K | 103.00K | 175.51K | 141.78K |
| Cash in Bank£ | 149.36K | 29.61K | 469.00 | 13.00 | 13.00 |
| Total Liabilities£ | 383.38K | 294.67K | 479.34K | 684.16K | 813.98K |
| Employees | 24 | 24 | 24 | 23 | 23 |
SORCE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SORCE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SORCE LIMITED reported net assets of £93.10K for 2025. That compares with £10.78K in 2024, a change of 763.98%.
SORCE LIMITED reported total assets of £141.78K for 2025. That compares with £175.51K in 2024, a change of -19.22%.
SORCE LIMITED reported cash in bank of £13.00 for 2025. That compares with £13.00 in 2024.
SORCE LIMITED reported 23 employees in 2025, compared with 23 in 2024.
Between 2023 and 2025, SORCE LIMITED's net assets rose by 902%, cash in bank fell by 97.2%, total assets rose by 37.6% and total liabilities rose by 69.8%. Net assets compounded at 217% a year across the two years to 2025, from £9.29K to £93.10K. Reported headcount went from 24 in 2023 to 23 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.