SOURCE ENERGY SOLUTIONS LTD
Company number SC718441 · Active · Glasgow G42 8QN
SOURCE ENERGY SOLUTIONS LTD is an active private limited company (company number SC718441) incorporated on 28 December 2021, registered in Glasgow. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £4,749, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 35% on the prior period (£7,346).
By net assets it sits in the lower half of 809 comparable companies in Glasgow (median £5,206, upper quartile £35k).
Key dates
- Incorporated
- 28 December 2021
- Next accounts due
- 30 September 2026 — 19 days overdue
- Confirmation statement due
- 11 January 2027 — in 84 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 43210
- Electrical installation
- SIC 43220
- Plumbing, heat and air-conditioning installation
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £4,749 | — | — | £1,375 | — | — | 2 |
| 31 December 2023 | £7,346 | — | — | £486 | — | — | — |
- Current ratio
- 7.61 — comfortable
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: 54/100 (grade C)
- +10 Positive net assets — Net assets £4,749 at 2024-12-31
- -8 Net assets falling — -35.4% vs prior period
- +8 Comfortable liquidity — Current ratio 7.61
- +4 Past first filings — Incorporated 2021-12-28
- -10 Accounts overdue — Due 2026-09-30
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 Matthew Hoy Sharkey — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 28 December 2021
- Mr Barry Kimmet — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 28 December 2021 · ceased 15 May 2025
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 Glasgow
Same activity (electrical installation), closest in incorporation date.
- SCOTT LITTLE LIMITED — Hamilton, inc. Dec 2021
- MCES ELECTRICAL LTD — Glasgow, inc. Dec 2021
- CJK ELECTRICAL (SCOTLAND) LIMITED — Motherwell, inc. Dec 2021
- ELDERSLIE ELECTRICAL SERVICES LTD — Elderslie, inc. Jan 2022
- TEAM GORDON LTD — Glasgow, inc. Dec 2021
- CMW JOINERY & ELECTRICAL LTD — Glasgow, inc. Jan 2022
Reminders for SOURCE ENERGY SOLUTIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.