FIRST SOURCE TECHNOLOGIES LTD
Company number 12739892 · Active · London WC1N 3AX
FIRST SOURCE TECHNOLOGIES LTD is an active private limited company (company number 12739892) incorporated on 14 July 2020, registered in London. Its registered activity is other software publishing (SIC 58290). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£16k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1998% on the prior period (−£771).
By net assets it sits in the bottom quarter of 2,698 comparable companies in London (median £100, upper quartile £9,081).
Key dates
- Incorporated
- 14 July 2020
- Next accounts due
- 30 April 2027 — in 193 days
- Confirmation statement due
- 28 July 2027 — in 282 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 58290
- Other software publishing
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 62030
- Computer facilities management activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 July 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£16k | — | — | £29k | — | — | 1 |
| 31 July 2024 | −£771 | — | — | £29k | — | — | — |
- Current ratio
- 0.44 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 27/100 (grade E)
- -15 Negative net assets — Net assets £-16,173 at 2025-07-31
- -8 Net assets falling — -1997.7% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.44
- +8 Established — Incorporated 2020-07-14 (6 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 Ashish Mahajan — owns 25–50% of shares; holds 25–50% of voting rights · since 14 July 2020
- Shubham Verma — owns 25–50% of shares; holds 25–50% of voting rights · since 29 June 2026
- Mr Ravi Verma — owns 25–50% of shares; holds 25–50% of voting rights · since 14 July 2020 · ceased 10 September 2021
- Mr Shubham Verma — owns 25–50% of shares; holds 25–50% of voting rights · since 10 September 2021 · ceased 6 May 2026
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 (other software publishing), closest in incorporation date.
- SALABLE LIMITED — London, inc. Jul 2020
- LANDSCAPE VENTURES LTD — London, inc. Jul 2020
- STARTBOOK LTD — London, inc. Jul 2020
- SUMMITECH DIGITAL LTD — London, inc. Jul 2020
- AVSTC LIMITED — London, inc. Jul 2020
- ISLAND BRIDGE NETWORKS (UK) LTD — London, inc. Jul 2020
Reminders for FIRST SOURCE TECHNOLOGIES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.