SOURCETHERMAL LTD
Executive Summary
Sourcethermal Ltd has demonstrated some financial improvement since inception, moving from negative equity to a modest positive net asset position. However, persistent negative net current assets and significant long-term liabilities highlight liquidity and solvency risks that warrant monitoring. The company’s small operational scale and sole director control emphasize the need for ongoing due diligence on cash flow and business prospects to assess sustainability.
View Full Analysis Report →Financials
- Year ending
- 2024-05-31
- Total net assets
- £3.38k
- Total liabilities
- £-18.19k£-10.18k vs previous year
- Total assets
- £38.07k£30.56k vs previous year
Annual accounts
Financial Year Ending | |
---|---|
26 February 2025 | |
31 May 2024 | |
21 February 2024 | |
31 May 2023 |
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