source escrow limited
source escrow limited Company Information
Company Number
02959240
Next Accounts
Apr 2025
Shareholders
j.t. kevill
richard glaister
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
godington hall godington, bicester, oxfordshire, OX27 9AE
Website
-source escrow limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ESCROW LIMITED at £606.6k based on a Turnover of £186.3k and 3.26x industry multiple (adjusted for size and gross margin).
source escrow limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ESCROW LIMITED at £0 based on an EBITDA of £-208.8k and a 6.37x industry multiple (adjusted for size and gross margin).
source escrow limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ESCROW LIMITED at £283.2k based on Net Assets of £162.2k and 1.75x industry multiple (adjusted for liquidity).
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Source Escrow Limited Overview
Source Escrow Limited is a dissolved company that was located in oxfordshire, OX27 9AE with a Companies House number of 02959240. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 1994, it's largest shareholder was j.t. kevill with a 50% stake. The last turnover for Source Escrow Limited was estimated at £186.3k.
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Source Escrow Limited Health Check
Pomanda's financial health check has awarded Source Escrow Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £186.3k, make it smaller than the average company (£600.7k)
- Source Escrow Limited
£600.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 142%, show it is growing at a faster rate (3%)
- Source Escrow Limited
3% - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
- Source Escrow Limited
69.7% - Industry AVG
Profitability
an operating margin of -112.1% make it less profitable than the average company (42.4%)
- Source Escrow Limited
42.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Source Escrow Limited
4 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)
- Source Escrow Limited
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £93.2k, this is less efficient (£155.7k)
- Source Escrow Limited
£155.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Source Escrow Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (35 days)
- Source Escrow Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Source Escrow Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1142 weeks, this is more cash available to meet short term requirements (12 weeks)
1142 weeks - Source Escrow Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.6%, this is a lower level of debt than the average (64%)
4.6% - Source Escrow Limited
64% - Industry AVG
SOURCE ESCROW LIMITED financials
Source Escrow Limited's latest turnover from October 2019 is estimated at £186.3 thousand and the company has net assets of £162.2 thousand. According to their latest financial statements, Source Escrow Limited has 2 employees and maintains cash reserves of £169.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,140 | 14,235 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | 9,729 | 9,671 | ||||||||
| Tax | -1,948 | -1,936 | ||||||||
| Profit After Tax | 7,781 | 7,735 | ||||||||
| Dividends Paid | 10,000 | |||||||||
| Retained Profit | 7,781 | -2,265 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14 | 19 | 25 | 508,534 | 408,545 | 453,060 | 453,080 | 453,106 | 341,141 | |
| Intangible Assets | ||||||||||
| Investments & Other | 508,500 | 508,500 | 508,500 | |||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 508,514 | 508,519 | 508,525 | 508,534 | 408,545 | 453,060 | 453,080 | 453,106 | 341,141 | |
| Stock & work in progress | ||||||||||
| Trade Debtors | 900 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | ||
| Group Debtors | ||||||||||
| Misc Debtors | 4,249 | 500 | 500 | 300 | ||||||
| Cash | 169,918 | 13,446 | 11,859 | 18,895 | 11,448 | 13,258 | 7,910 | 3,251 | 4,838 | 2,576 |
| misc current assets | ||||||||||
| total current assets | 169,918 | 18,595 | 12,659 | 19,695 | 11,748 | 13,558 | 8,210 | 3,551 | 5,138 | 2,876 |
| total assets | 169,918 | 527,109 | 521,178 | 528,220 | 520,282 | 422,103 | 461,270 | 456,631 | 458,244 | 344,017 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 7,733 | 176 | 127,043 | 127,701 | 126,332 | 127,023 | 127,213 | |||
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 120,431 | 116,675 | 127,643 | 127,487 | ||||||
| total current liabilities | 7,733 | 120,607 | 116,675 | 127,643 | 127,487 | 127,043 | 127,701 | 126,332 | 127,023 | 127,213 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 36,194 | 37,822 | 41,917 | |||||||
| total long term liabilities | 36,194 | 37,822 | 41,917 | |||||||
| total liabilities | 7,733 | 156,801 | 154,497 | 169,560 | 127,487 | 127,043 | 127,701 | 126,332 | 127,023 | 127,213 |
| net assets | 162,185 | 370,308 | 366,681 | 358,660 | 392,795 | 295,060 | 333,569 | 330,299 | 331,221 | 216,804 |
| total shareholders funds | 162,185 | 370,308 | 366,681 | 358,660 | 392,795 | 295,060 | 333,569 | 330,299 | 331,221 | 216,804 |
| Oct 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 5 | 6 | 9 | 11 | 15 | 20 | 26 | 35 | 47 | |
| Amortisation | ||||||||||
| Tax | -1,948 | -1,936 | ||||||||
| Stock | ||||||||||
| Debtors | -5,149 | 4,349 | 500 | 300 | ||||||
| Creditors | 7,557 | 176 | -127,043 | -658 | 1,369 | -691 | -190 | 127,213 | ||
| Accruals and Deferred Income | -120,431 | 3,756 | -10,968 | 156 | 127,487 | |||||
| Deferred Taxes & Provisions | -36,194 | -1,628 | -4,095 | 41,917 | ||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -508,500 | 508,500 | ||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | -41,916 | 100,000 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 156,472 | 1,587 | -7,036 | 7,447 | -1,810 | 5,348 | 4,659 | -1,587 | 2,262 | 2,576 |
| overdraft | ||||||||||
| change in cash | 156,472 | 1,587 | -7,036 | 7,447 | -1,810 | 5,348 | 4,659 | -1,587 | 2,262 | 2,576 |
source escrow limited Credit Report and Business Information
Source Escrow Limited Competitor Analysis
Perform a competitor analysis for source escrow limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in OX27 area or any other competitors across 12 key performance metrics.
source escrow limited Ownership
SOURCE ESCROW LIMITED group structure
Source Escrow Limited has no subsidiary companies.
Ultimate parent company
SOURCE ESCROW LIMITED
02959240
source escrow limited directors
Source Escrow Limited currently has 2 directors. The longest serving directors include Mr John Kevill (Sep 1995) and Mr Anthony Glaister (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Kevill | England | 62 years | Sep 1995 | - | Director |
| Mr Anthony Glaister | England | 72 years | Mar 2015 | - | Director |
P&L
October 2019turnover
186.3k
+129%
operating profit
-208.8k
0%
gross margin
69.8%
-4.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
162.2k
-0.56%
total assets
169.9k
-0.68%
cash
169.9k
+11.64%
net assets
Total assets minus all liabilities
source escrow limited company details
company number
02959240
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 1994
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2019
previous names
N/A
accountant
-
auditor
-
address
godington hall godington, bicester, oxfordshire, OX27 9AE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
source escrow limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to source escrow limited. Currently there are 0 open charges and 1 have been satisfied in the past.
source escrow limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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source escrow limited Companies House Filings - See Documents
| date | description | view/download |
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