sourced network limited
sourced network limited Company Information
Company Number
13825997
Website
-Registered Address
capital house 6 webster court, warrington, WA5 8WD
Industry
Other business support service activities n.e.c.
Telephone
03331231330
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
sourced group limited 100%
sourced network limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCED NETWORK LIMITED at £397.1k based on a Turnover of £662.7k and 0.6x industry multiple (adjusted for size and gross margin).
sourced network limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCED NETWORK LIMITED at £6.2m based on an EBITDA of £1.3m and a 4.8x industry multiple (adjusted for size and gross margin).
sourced network limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCED NETWORK LIMITED at £2.7m based on Net Assets of £1.1m and 2.57x industry multiple (adjusted for liquidity).
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Sourced Network Limited Overview
Sourced Network Limited is a live company located in warrington, WA5 8WD with a Companies House number of 13825997. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2022, it's largest shareholder is sourced group limited with a 100% stake. Sourced Network Limited is a startup, small sized company, Pomanda has estimated its turnover at £662.7k with unknown growth in recent years.
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Sourced Network Limited Health Check
Pomanda's financial health check has awarded Sourced Network Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £662.7k, make it smaller than the average company (£3.8m)
- Sourced Network Limited
£3.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sourced Network Limited
- - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Sourced Network Limited
38.8% - Industry AVG
Profitability
an operating margin of 195.8% make it more profitable than the average company (6.3%)
- Sourced Network Limited
6.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (25)
- Sourced Network Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Sourced Network Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £132.5k, this is less efficient (£157.6k)
- Sourced Network Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (44 days)
- Sourced Network Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (33 days)
- Sourced Network Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sourced Network Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is average cash available to meet short term requirements (24 weeks)
25 weeks - Sourced Network Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (63.6%)
7.9% - Sourced Network Limited
63.6% - Industry AVG
SOURCED NETWORK LIMITED financials
Sourced Network Limited's latest turnover from December 2022 is estimated at £662.7 thousand and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Sourced Network Limited has 5 employees and maintains cash reserves of £43.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 125,212 |
| Group Debtors | 972,418 |
| Misc Debtors | 0 |
| Cash | 43,417 |
| misc current assets | 0 |
| total current assets | 1,141,047 |
| total assets | 1,141,047 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 20,485 |
| Group/Directors Accounts | 43,358 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 25,681 |
| total current liabilities | 89,524 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 89,524 |
| net assets | 1,051,523 |
| total shareholders funds | 1,051,523 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 1,097,630 |
| Creditors | 20,485 |
| Accruals and Deferred Income | 25,681 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 43,358 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 43,417 |
| overdraft | 0 |
| change in cash | 43,417 |
sourced network limited Credit Report and Business Information
Sourced Network Limited Competitor Analysis
Perform a competitor analysis for sourced network limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sourced network limited Ownership
SOURCED NETWORK LIMITED group structure
Sourced Network Limited has no subsidiary companies.
sourced network limited directors
Sourced Network Limited currently has 3 directors. The longest serving directors include Mr Stephen Moss (Jan 2022) and Mr Christopher Kirkwood (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Moss | England | 43 years | Jan 2022 | - | Director |
| Mr Christopher Kirkwood | United Kingdom | 45 years | Jan 2022 | - | Director |
| Mr Lee Wallace | England | 37 years | Jan 2022 | - | Director |
P&L
December 2022turnover
662.7k
0%
operating profit
1.3m
0%
gross margin
38.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.1m
0%
total assets
1.1m
0%
cash
43.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
sourced network limited company details
company number
13825997
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2022
age
2
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
capital house 6 webster court, warrington, WA5 8WD
last accounts submitted
December 2022
sourced network 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 sourced network limited.
sourced network limited Companies House Filings - See Documents
| date | description | view/download |
|---|
