# CYGNET SOURCING LTD (14682749)

> CYGNET SOURCING LTD is an active private limited company (company number 14682749) incorporated on 22 February 2023, registered in Houghton Le Spring. Its registered activity is other activities of employment placement agencies (SIC 78109). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£33k and cash of £3,955, with 1 employee on average. Net assets fell 1346% on the prior period (−£2,299).

- Status: Active
- Incorporated: 2023-02-22
- Registered office: Houghton Le Spring, DH4 5QY
- SIC 78109: Other activities of employment placement agencies
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 206 comparable companies in Newcastle (median £4,362, upper quartile £36k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£33k | £3,955 | £17k | — | — | — | 1 |
| 2024-02-29 | −£2,299 | £3,680 | £36k | — | — | — | 0 |

size band micro.

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

- Net assets below zero: Net assets £-33,248 at 28 February 2025
- Net assets down 25% or more on the prior period: -1346.2% vs prior period
- Incorporated two to five years ago: Incorporated 22 February 2023

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

## Persons with significant control

- Mr Michael Alexander Hunter — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-02-22

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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/14682749
HTML: https://firmoscan.com/company/14682749-cygnet-sourcing-ltd