SOURCE SOLUTIONS ENGINEERING LIMITED

Company number 10318331 · Active · Portsmouth PO6 3TH

C
Firmoscan score 60/100

SOURCE SOLUTIONS ENGINEERING LIMITED is an active private limited company (company number 10318331) incorporated on 8 August 2016, registered in Portsmouth. Its registered activity is other activities of employment placement agencies (SIC 78109). Latest small accounts cover the period ending 31 August 2025, showing net assets of £1,218 and cash of £43k, with 1 employee on average. Net assets fell 92% on the prior period (£15k).

By net assets it sits in the lower half of 203 comparable companies in Portsmouth (median £5,135, upper quartile £58k).

Key dates

Incorporated
8 August 2016
Next accounts due
31 May 2027 — in 226 days
Confirmation statement due
22 August 2027 — in 309 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 78109
Other activities of employment placement agencies
SIC 78200
Temporary employment agency activities
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 31 August 2025

Net assets
Net assetsAug 2024: £15k; Aug 2025: £1,218£15k£1,218Aug 2024Aug 2025
Cash at bank
Cash at bankAug 2024: £55k; Aug 2025: £43k£55k£43kAug 2024Aug 2025
Average employees
Average employeesAug 2024: 1; Aug 2025: 111Aug 2024Aug 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025£1,218£43k£20k£63k——1
31 August 2024£15k£55k£14k£56k——1
Current ratio
1
Cash per employee
£43k

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 60/100 (grade C)

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 Horspool — owns 25–50% of shares; holds 25–50% of voting rights; has significant influence or control · since 8 August 2016
  • Mr Thomas James — owns 25–50% of shares; holds 25–50% of voting rights; has significant influence or control · since 8 August 2016 · ceased 30 November 2022

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 Portsmouth

Same activity (other activities of employment placement agencies), closest in incorporation date.

Reminders for SOURCE SOLUTIONS ENGINEERING LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.