£5.50m
−3%vs Dec 2024Active02864963Private limited companyCardiff
SOURCE INSURANCE LIMITED
Significant control: Andrew Alistair Masters (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Activities of insurance agents and brokers (SIC 66220). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
SOURCE INSURANCE LIMITED is an active private limited company (company number 02864963) incorporated on 22 October 1993, registered in Cardiff. Its registered activity is activities of insurance agents and brokers (SIC 66220). Latest medium accounts cover the period ending 31 December 2025, showing net assets of £5.50m and cash of £1.09m, with 60 employees on average. Turnover was £9.89m and profit for the year −£145k. Net assets fell 3% on the prior period (£5.64m).
Peer position · net assets
By net assets it sits in the top quarter of 81 comparable companies in Cardiff (median £14k, upper quartile £79k).
02
Ownership and control
- Mr Andrew Alistair Masters
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 22 October 199333 yrs ago
- Next accounts due
- 30 September 2027in 341 days
- Confirmation statement due
- 5 November 2026in 12 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 66220
- Activities of insurance agents and brokers
- Accounts type
- Medium
- Size band
- SmallCompanies Act thresholds
05
Financials
£1.09m
+9%vs Dec 2024£9.89m
−22%vs Dec 202460
−13%vs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £5.50m | £1.09m | £10.54m | — | £9.89m | −£145k | 60 |
| 31 December 2024 | £5.64m | £1.01m | £14.28m | — | £12.64m | £834k | 69 |
| 31 December 2023 | — | — | — | — | — | — | — |
| 31 December 2022 | — | — | — | — | — | — | — |
Net margin-1.5%Profit for the year ÷ turnover
Cash per employee£18kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £5,495,385 at 31 December 2025
- Cash at bank of £50,000 or moreCash £1,093,536
- Three or more accounting periods on record4 periods on record
- Incorporated five or more years agoIncorporated 22 October 1993
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 341 days
- Confirmation statement duein 12 days
- Accounts period endNet assets £5.50m · medium accounts
- Accounts period endNet assets £5.64m · medium accounts
- Accounts period end
- Accounts period end
- Incorporated
08
Similar companies in Cardiff
- FOUNDAT LIMITEDMonmouth · inc. Dec 1999
- BARRIE HIGHFIELD & ASSOCIATES LIMITEDChepstow · inc. Mar 2000
- AGE CONCERN MORGANNWG TRADING LIMITEDAberdare · inc. Mar 2000
- THOMAS, CARROLL (BROKERS) LIMITEDCaerphilly · inc. Aug 2000
- THOMAS, CARROLL PRIVATE CLIENTS LIMITEDCaerphilly · inc. Sept 2000
- LAUREL COURT ASSOCIATES LIMITEDMid Glamorgan · inc. Sept 2000
All companies incorporated on 22 October 1993 · in Oct 1993.
09
Reminders for SOURCE INSURANCE LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.