# SORCE LIMITED (04324447)

> SORCE LIMITED is an active private limited company (company number 04324447) incorporated on 19 November 2001, registered in Newbury. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 30 November 2025, showing net assets of £93k and cash of £13, with 23 employees on average. Net assets rose 764% on the prior period (£11k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2001-11-19
- Registered office: Newbury, RG14 1DY
- SIC 62012: Business and domestic software development
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,268 comparable companies in Reading (median £3,333, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £93k | £13 | — | £572k | — | — | 23 |
| 2024-11-30 | £11k | £13 | — | £524k | — | — | 23 |
| 2023-11-30 | £9,287 | £469 | — | £454k | — | — | 24 |

current ratio 0.25; net assets trend rising; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £93,102 at 30 November 2025
- Net assets up 10% or more on the prior period: +764.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.25
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 19 November 2001

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Alistair Meek Milne — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-04-06
- Mr John Nicklin — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04324447
HTML: https://firmoscan.com/company/04324447-sorce-limited