source asset finance limited
source asset finance limited Company Information
Company Number
09486214
Next Accounts
Dec 2025
Shareholders
aneta walker
billy walker
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
c/o cmb partnership ltd, 7 wey court, guildford, surrey, GU1 4QU
Website
www.sourcefinanceuk.comsource asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ASSET FINANCE LIMITED at £473.1k based on a Turnover of £382.2k and 1.24x industry multiple (adjusted for size and gross margin).
source asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ASSET FINANCE LIMITED at £544.2k based on an EBITDA of £127.4k and a 4.27x industry multiple (adjusted for size and gross margin).
source asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ASSET FINANCE LIMITED at £761.4k based on Net Assets of £583.5k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Source Asset Finance Limited Overview
Source Asset Finance Limited is a live company located in guildford, GU1 4QU with a Companies House number of 09486214. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2015, it's largest shareholder is aneta walker with a 50% stake. Source Asset Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £382.2k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Source Asset Finance Limited Health Check
Pomanda's financial health check has awarded Source Asset Finance Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
2 Weak
Size
annual sales of £382.2k, make it smaller than the average company (£5.3m)
- Source Asset Finance Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.7%)
- Source Asset Finance Limited
6.7% - Industry AVG
Production
with a gross margin of 55.4%, this company has a comparable cost of product (55.4%)
- Source Asset Finance Limited
55.4% - Industry AVG
Profitability
an operating margin of 30.6% make it more profitable than the average company (9.1%)
- Source Asset Finance Limited
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Source Asset Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has an equivalent pay structure (£79.6k)
- Source Asset Finance Limited
£79.6k - Industry AVG
Efficiency
resulting in sales per employee of £191.1k, this is equally as efficient (£217.2k)
- Source Asset Finance Limited
£217.2k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (32 days)
- Source Asset Finance Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Source Asset Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Source Asset Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (29 weeks)
91 weeks - Source Asset Finance Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (69.2%)
12.6% - Source Asset Finance Limited
69.2% - Industry AVG
SOURCE ASSET FINANCE LIMITED financials
Source Asset Finance Limited's latest turnover from March 2024 is estimated at £382.2 thousand and the company has net assets of £583.5 thousand. According to their latest financial statements, Source Asset Finance Limited has 2 employees and maintains cash reserves of £147.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,504 | 25,811 | 35,683 | 5,175 | 10,840 | 15,219 | 2,206 | 989 | 1,483 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 15,504 | 25,811 | 35,683 | 5,175 | 10,840 | 15,219 | 2,206 | 989 | 1,483 |
| Stock & work in progress | |||||||||
| Trade Debtors | 28,800 | 38,511 | 22,325 | 24,706 | 20,286 | 17,481 | 11,293 | 33,025 | |
| Group Debtors | |||||||||
| Misc Debtors | 475,518 | 180,191 | 58,333 | ||||||
| Cash | 147,413 | 306,603 | 317,739 | 300,547 | 157,368 | 42,242 | 92,425 | 88,948 | 94,185 |
| misc current assets | |||||||||
| total current assets | 651,731 | 525,305 | 398,397 | 325,253 | 157,368 | 62,528 | 109,906 | 100,241 | 127,210 |
| total assets | 667,235 | 551,116 | 434,080 | 330,428 | 168,208 | 77,747 | 112,112 | 101,230 | 128,693 |
| Bank overdraft | 5,555 | 4,167 | |||||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 83,780 | 64,413 | 43,744 | 41,942 | 48,143 | 27,165 | 79,474 | 78,121 | 106,600 |
| total current liabilities | 83,780 | 64,413 | 49,299 | 46,109 | 48,143 | 27,165 | 79,474 | 78,121 | 106,600 |
| loans | 40,278 | 45,833 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 40,278 | 45,833 | |||||||
| total liabilities | 83,780 | 64,413 | 89,577 | 91,942 | 48,143 | 27,165 | 79,474 | 78,121 | 106,600 |
| net assets | 583,455 | 486,703 | 344,503 | 238,486 | 120,065 | 50,582 | 32,638 | 23,109 | 22,093 |
| total shareholders funds | 583,455 | 486,703 | 344,503 | 238,486 | 120,065 | 50,582 | 32,638 | 23,109 | 22,093 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 10,307 | 10,760 | 9,840 | 5,665 | 5,665 | 1,619 | 1,065 | 494 | 494 |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 285,616 | 138,044 | 55,952 | 24,706 | -20,286 | 2,805 | 6,188 | -21,732 | 33,025 |
| Creditors | |||||||||
| Accruals and Deferred Income | 19,367 | 20,669 | 1,802 | -6,201 | 20,978 | -52,309 | 1,353 | -28,479 | 106,600 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -40,278 | -5,555 | 45,833 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -159,190 | -11,136 | 17,192 | 143,179 | 115,126 | -50,183 | 3,477 | -5,237 | 94,185 |
| overdraft | -5,555 | 1,388 | 4,167 | ||||||
| change in cash | -159,190 | -5,581 | 15,804 | 139,012 | 115,126 | -50,183 | 3,477 | -5,237 | 94,185 |
source asset finance limited Credit Report and Business Information
Source Asset Finance Limited Competitor Analysis
Perform a competitor analysis for source asset finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in GU1 area or any other competitors across 12 key performance metrics.
source asset finance limited Ownership
SOURCE ASSET FINANCE LIMITED group structure
Source Asset Finance Limited has no subsidiary companies.
Ultimate parent company
SOURCE ASSET FINANCE LIMITED
09486214
source asset finance limited directors
Source Asset Finance Limited currently has 2 directors. The longest serving directors include Mr Billy Walker (Mar 2015) and Mrs Aneta Walker (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Billy Walker | England | 43 years | Mar 2015 | - | Director |
| Mrs Aneta Walker | England | 38 years | Jan 2019 | - | Director |
P&L
March 2024turnover
382.2k
-7%
operating profit
117.1k
0%
gross margin
55.5%
-4.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
583.5k
+0.2%
total assets
667.2k
+0.21%
cash
147.4k
-0.52%
net assets
Total assets minus all liabilities
source asset finance limited company details
company number
09486214
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
CMB PARTNERSHIP LIMITED
auditor
-
address
c/o cmb partnership ltd, 7 wey court, guildford, surrey, GU1 4QU
Bank
-
Legal Advisor
-
source asset finance 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 did not find charges/mortgages relating to source asset finance limited.
source asset finance 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.
Click to start generating capital raising & share issue transactions for SOURCE ASSET FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
source asset finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
