NEW SOURCE LTD
Company number 12005477 · Active · London N2 9FG
NEW SOURCE LTD is an active private limited company (company number 12005477) incorporated on 20 May 2019, registered in London. Its registered activity is hotels and similar accommodation (SIC 55100). Latest abridged accounts cover the period ending 31 May 2025, showing net assets of £301k and cash of £97k, with 54 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 8% on the prior period (£278k).
By net assets it sits in the top quarter of 2,036 comparable companies in London (median £100, upper quartile £79k).
Key dates
- Incorporated
- 20 May 2019
- Next accounts due
- 28 February 2027 — in 133 days
- Confirmation statement due
- 3 June 2027 — in 228 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 55100
- Hotels and similar accommodation
- SIC 78109
- Other activities of employment placement agencies
- SIC 78200
- Temporary employment agency activities
- Accounts type
- Unaudited Abridged
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 May 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £301k | £97k | £510k | £344k | — | — | 54 |
| 31 May 2024 | £278k | £108k | £597k | £421k | — | — | 61 |
- Current ratio
- 1.76 — comfortable
- Cash per employee
- £1,800
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 80/100 (grade A)
- +10 Positive net assets — Net assets £301,365 at 2025-05-31
- +8 Comfortable liquidity — Current ratio 1.76
- +4 Cash reserves — Cash £97,226
- +8 Established — Incorporated 2019-05-20 (7 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
- (persons with significant control statement) — · since 20 May 2019
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 London
Same activity (hotels and similar accommodation), closest in incorporation date.
- LIGHT HUMAN HOTELS & RESORTS LIMITED — London, inc. May 2019
- MERIDIAN HOTELS LIMITED — London, inc. May 2019
- CHAI AND BISCUIT LIMITED — London, inc. May 2019
- TRIBAL HOSTELS LIMITED — London, inc. May 2019
- AG FORCE LIMITED — London, inc. May 2019
- AG HOSPITALITY SERVICES LIMITED — London, inc. May 2019
Reminders for NEW SOURCE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.