SOURCE DEVELOPMENT (CORNWALL) LIMITED
Company number 07285259 · Active · Truro TR1 2DP
SOURCE DEVELOPMENT (CORNWALL) LIMITED is an active private limited company (company number 07285259) incorporated on 15 June 2010, registered in Truro. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 30 June 2025, showing net assets of −£120k and cash of £353, with 1 employee on average. Net assets fell 6% on the prior period (−£114k).
By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).
Key dates
- Incorporated
- 15 June 2010
- Next accounts due
- 30 March 2027 — in 164 days
- Confirmation statement due
- 29 June 2027 — in 255 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- SIC 41202
- Construction of domestic buildings
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 June 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | −£120k | £353 | £24k | £115k | — | — | 1 |
| 30 June 2024 | −£114k | £2,123 | £0 | £142k | — | — | 1 |
- Current ratio
- 0.21 — current liabilities exceed current assets
- Cash per employee
- £353
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 35/100 (grade D)
- -15 Negative net assets — Net assets £-120,272 at 2025-06-30
- -8 Current liabilities exceed current assets — Current ratio 0.21
- +8 Established — Incorporated 2010-06-15 (16 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Simon John Williams — owns 75–100% of shares; holds 75–100% of voting rights · since 6 April 2016
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (development of building projects), closest in incorporation date.
- BOURNE VALLEY DEVELOPMENTS LTD — Poole, inc. Jun 2010
- CEREALIA LTD — Selby, inc. Jun 2010
- PROSERPINA LTD — Near Selby, inc. Jun 2010
- CORMORAN LIMITED — Falmouth, inc. Jun 2010
- LAMPETIA LTD — Selby, inc. Jun 2010
- HUDDIES LTD — Sheringham, inc. Jun 2010
Reminders for SOURCE DEVELOPMENT (CORNWALL) LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.