36SOURCE LTD

Executive Summary

36SOURCE LTD operates as a micro-entity in the niche human health activities sector, aligning with typical small-scale, specialist health service providers. Its financial profile shows modest equity growth but constrained working capital, reflecting common liquidity challenges in this segment. The company's competitive position is that of a boutique operator with limited scalability, vulnerable to sector pressures such as regulatory demands and fluctuating healthcare demand.

36SOURCE LTD - Analysis Report

Company Number: 14025511

Analysis Date: 2025-07-29 15:25 UTC

1. Industry Classification
   36SOURCE LTD operates under SIC code 86900, categorized as "Other human health activities." This sector includes businesses engaged in health services not classified elsewhere, such as specialist health practitioners, complementary health services, and other ambulatory care activities. Key characteristics of this sector include a heavy emphasis on regulatory compliance, often small-scale operations with specialized expertise, and reliance on client trust and reputation. The sector tends to have low capital intensity but requires skilled personnel, often resulting in micro or small-sized enterprises dominating the landscape.

2. Relative Performance
   As a micro-entity, 36SOURCE LTD fits the typical profile of companies in this niche health activities sector, which often have minimal fixed assets and low turnover thresholds. Financially, the company reported net assets of £2,987 as of April 2024, up from £1,614 the previous year, indicating modest growth in shareholder equity but still at a very low base. Current assets decreased sharply from £2,931 to £426, while current liabilities remained high at over £11,000. This suggests working capital constraints, which is common in micro-sized health service providers relying on short-term debtor cycles and typically limited cash reserves. The company employs only one person, aligning with sector norms where many firms operate as sole practitioners or with minimal staff.

3. Sector Trends Impact
   The broader human health activities sector is influenced by trends such as increasing demand for personalized and alternative healthcare, rising regulatory scrutiny, and digital health adoption. Although the sector is fragmented, smaller providers face pressures from both public health service contracts and private healthcare competitors. The ongoing emphasis on compliance and quality assurance creates operational challenges, particularly for micro-entities with limited administrative capacity. Furthermore, post-pandemic healthcare demand fluctuations and supply chain disruptions may impact service delivery and cash flow for such small operators.

4. Competitive Positioning
   36SOURCE LTD occupies a niche, likely specialist role within the broader health services market. Its micro-entity status and single-employee structure suggest a boutique or consultancy-style operation rather than a scale competitor. Strengths include low fixed asset base and potentially flexible operational model. However, the relatively high current liabilities against minimal current assets indicate liquidity risks that could constrain growth or operational resilience compared to larger peers or more diversified health service firms. Without substantial capital or staff, the company may face difficulty scaling or competing on broader service offerings. Its sole director and significant control vested in one individual underscore a tightly held governance structure typical for very small health sector entities.