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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

SOURCE LOGISTICS LTD

Private Limited Company (Ltd.)•Dissolved

Summary

Country🇬🇧United Kingdom
StatusDissolved
Registration Number07366132
Founded06/09/2010
PurposeService activities incidental to air transportation; Other professional, scientific and technical activities n.e.c.
AddressGrasshays Norton Lane, Kewstoke, Weston-Super-Mare, North Somerset, BS22 9YP
Confirmation StatementNext due: 19/09/2025; Last made up: 05/09/2024

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusDissolved
Registration Date06/09/2010
Registry Authority—
Registered Capital1

Source: — · Last updated: 02/12/2025

Timeline (33 events)

26/05/2026

Address updated

Kewstoke, Weston-Super-Mare, North Somerset

01/05/2025

Status changed

active → active - proposal to strike off

06/09/2010

Appointed Gary Owen (person)

Appointed as Secretary

Network

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Network depth

Ownership & Management

Persons with significant control

Gary Owen

75–100% shares

Appointed: 05/09/2016

87.5%
Gary Owen

75–100% shares

Appointed: 05/09/2016

87.5%

Officers & directors

Gary Owen

Director

Appointed: 06/09/2010

—
Gary Owen

Secretary

Appointed: 06/09/2010

—

Ownership Timeline (1 changes)

05/09/2016

Appointed Gary Owen (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Grasshays Norton Lane

Kewstoke, Weston-Super-Mare

North Somerset

BS22 9YP

Financials

Key figures from annual accounts filings.

Convert to

2015

Turnover: £45.9K

Key figures

Turnover

2011—
2012—
2013—
2014—
2015£45,931
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Profit / (loss)

2011£2,800
2012£8,444
2013£8,444
2014—
2015£8,725
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Gross profit

2011—
2012—
2013—
2014—
2015£7,605
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Operating profit

2011—
2012—
2013—
2014—
2015£-2,411
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Total assets

2011£2,801
2012£8,445
2013£8,445
2014£11,136
2015£8,726
2016£2,399
2017£250
2018£245
2019£245
2020£245
2021£245
2022£245
2023£245
2024£245

Net Assets Liabilities

2011—
2012—
2013—
2014—
2015—
2016—
2017£250
2018£245
2019£245
2020£245
2021£245
2022£245
2023£245
2024£245

Equity

2011—
2012—
2013—
2014—
2015—
2016—
2017£250
2018£245
2019£245
2020£245
2021£245
2022£245
2023£245
2024£245

Current Assets

2011£11,945
2012£24,397
2013£24,397
2014£19,418
2015£13,010
2016£3,214
2017£249
2018£244
2019£244
2020£244
2021£244
2022£244
2023£244
2024£244

Net Current Assets Liabilities

2011£2,132
2012£10,561
2013£10,561
2014£13,898
2015£8,726
2016£2,398
2017£249
2018£244
2019£244
2020£244
2021£244
2022£244
2023£244
2024£244

Total Assets Less Current Liabilities

2011£5,472
2012£13,066
2013£13,066
2014£15,778
2015£8,726
2016£2,399
2017£250
2018£245
2019£245
2020£245
2021£245
2022£245
2023£245
2024£245

Debtors

2011—
2012—
2013£4,181
2014—
2015£13,010
2016£3,214
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Number Shares Allotted

2011—
2012—
20131
2014—
20151
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Par Value Share

2011—
2012—
2013£1
2014—
2015£1
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Admin expenses

2011—
2012—
2013—
2014—
2015£10,016
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Accruals Deferred Income

2011£2,671
2012£4,621
2013—
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Called Up Share Capital

2011£1
2012£1
2013£1
2014—
2015£1
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Called Up Share Capital Not Paid Not Expressed As Current Asset

2011—
2012—
2013—
2014£1
2015—
2016£1
2017£1
2018£1
2019£1
2020£1
2021£1
2022£1
2023£1
2024£1

Cash Bank In Hand

2011£10,861
2012£20,627
2013£20,627
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Cost Sales

2011—
2012—
2013—
2014—
2015£38,326
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Creditors Due Within One Year

2011£9,813
2012£13,836
2013£13,836
2014£5,520
2015£4,284
2016£816
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Fixed Assets

2011£3,340
2012£2,505
2013£2,505
2014£1,879
2015£0
2016—
2017£0
2018£0
2019£0
2020—
2021—
2022—
2023—
2024—

Gross Profit Loss

2011—
2012—
2013—
2014—
2015£7,605
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Net Assets Liabilities Including Pension Asset Liability

2011£2,801
2012£8,445
2013£8,445
2014£11,136
2015£8,726
2016£2,399
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Operating Profit Loss

2011—
2012—
2013—
2014—
2015£-2,411
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Profit Loss Account Reserve

2011£2,800
2012£8,444
2013£8,444
2014—
2015£8,725
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Profit Loss For Period

2011—
2012—
2013—
2014—
2015£-2,411
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Profit Loss On Ordinary Activities Before Tax

2011—
2012—
2013—
2014—
2015£-2,411
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Provisions For Liabilities Charges

2011—
2012—
2013£4,641
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Share Capital Allotted Called Up Paid

2011—
2012—
2013£1
2014—
2015£1
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Shareholder Funds

2011£2,801
2012£8,445
2013£8,445
2014£11,136
2015£8,726
2016£2,399
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Stocks Inventory

2011£1,084
2012£3,770
2013£3,770
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets

2011£3,340
2012£2,505
2013£2,505
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Cost Or Valuation

2011£4,454
2012£4,454
2013£4,454
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Depreciation

2011£1,114
2012£1,949
2013£2,575
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Depreciation Charged In Period

2011—
2012£835
2013£626
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Turnover Gross Operating Revenue

2011—
2012—
2013—
2014—
2015£45,931
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—
Metric20112012201320142015201620172018201920202021202220232024
Turnover————£45,931—————————
Profit / (loss)£2,800£8,444£8,444—£8,725—————————
Gross profit————£7,605—————————
Operating profit————£-2,411—————————
Total assets£2,801£8,445£8,445£11,136£8,726£2,399£250£245£245£245£245£245£245£245
Net Assets Liabilities——————£250£245£245£245£245£245£245£245
Equity——————£250£245£245£245£245£245£245£245
Current Assets£11,945£24,397£24,397£19,418£13,010£3,214£249£244£244£244£244£244£244£244
Net Current Assets Liabilities£2,132£10,561£10,561£13,898£8,726£2,398£249£244£244£244£244£244£244£244
Total Assets Less Current Liabilities£5,472£13,066£13,066£15,778£8,726£2,399£250£245£245£245£245£245£245£245
Debtors——£4,181—£13,010£3,214————————
Number Shares Allotted——1—1—————————
Par Value Share——£1—£1—————————
Admin expenses————£10,016—————————
Accruals Deferred Income£2,671£4,621————————————
Called Up Share Capital£1£1£1—£1—————————
Called Up Share Capital Not Paid Not Expressed As Current Asset———£1—£1£1£1£1£1£1£1£1£1
Cash Bank In Hand£10,861£20,627£20,627———————————
Cost Sales————£38,326—————————
Creditors Due Within One Year£9,813£13,836£13,836£5,520£4,284£816————————
Fixed Assets£3,340£2,505£2,505£1,879£0—£0£0£0—————
Gross Profit Loss————£7,605—————————
Net Assets Liabilities Including Pension Asset Liability£2,801£8,445£8,445£11,136£8,726£2,399————————
Operating Profit Loss————£-2,411—————————
Profit Loss Account Reserve£2,800£8,444£8,444—£8,725—————————
Profit Loss For Period————£-2,411—————————
Profit Loss On Ordinary Activities Before Tax————£-2,411—————————
Provisions For Liabilities Charges——£4,641———————————
Share Capital Allotted Called Up Paid——£1—£1—————————
Shareholder Funds£2,801£8,445£8,445£11,136£8,726£2,399————————
Stocks Inventory£1,084£3,770£3,770———————————
Tangible Fixed Assets£3,340£2,505£2,505———————————
Tangible Fixed Assets Cost Or Valuation£4,454£4,454£4,454———————————
Tangible Fixed Assets Depreciation£1,114£1,949£2,575———————————
Tangible Fixed Assets Depreciation Charged In Period—£835£626———————————
Turnover Gross Operating Revenue————£45,931—————————

Documents

Final Gazette dissolved via voluntary strike-off

01/07/2025

View

First Gazette notice for voluntary strike-off

15/04/2025

View

Strike off from register

05/04/2025

View

Accounts for a dormant company made up to 20 October 2024

31/03/2025

View

Annual Accounts

Accounts for the accounting period ending on: 20/10/2024

Filed: 20/10/2024

View

Confirmation statement

07/10/2024

View

Accounts for a dormant company made up to 20 October 2023

02/05/2024

View

Annual Accounts

Accounts for the accounting period ending on: 20/10/2023

Filed: 20/10/2023

View

Confirmation statement

19/09/2023

View

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🇮🇪KILDALE LIMITED🇮🇪BRAMBURY LIMITED🇮🇪AVONMOUNT LIMITED🇬🇧Mr Thomas Peter WatsonAntonio FERREIRA CAETANO🇬🇧HAYDON, Margaret Penelope
Net margin (2015)Net margin
19%
Operating margin (2015)Operating margin
-5.2%
Current ratio (2016)Current ratio
3.94×
YoY profit / (loss) (2011 vs 2012)YoY profit / (loss)
+201.6%
Gross margin (2015)Gross margin
16.6%

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2015)
19%
Gross margin (2015)
16.6%
Operating margin (2015)
-5.2%
Administrative expenses % of revenue (2015)
21.8%

Growth

YoY profit / (loss) (2011 vs 2012)
+201.6%
  1. –North Somerset
  2. –SOURCE LOGISTICS LTD
YoY total assets (2011 vs 2012)
+201.5%
YoY net current assets (2011 vs 2012)
+395.4%
YoY total assets (2013 vs 2014)
+31.9%
YoY net current assets (2013 vs 2014)
+31.6%
YoY total assets (2014 vs 2015)
-21.6%
YoY net current assets (2014 vs 2015)
-37.2%
YoY total assets (2015 vs 2016)
-72.5%
YoY net current assets (2015 vs 2016)
-72.5%
YoY total assets (2016 vs 2017)
-89.6%
YoY net current assets (2016 vs 2017)
-89.6%
YoY total assets (2017 vs 2018)
-2%
YoY net current assets (2017 vs 2018)
-2%
CAGR total assets (2011–2024)
-17.1%

Efficiency & returns

Return on assets (net) (2011)
100%
Return on assets (net) (2012)
100%
Return on assets (net) (2013)
100%
Asset turnover (2015)
5.26×
Return on assets (net) (2015)
100%
Return on assets (operating) (2015)
-27.6%

Working capital & liquidity

Current ratio (2011)
1.22×
Net current assets (2011)
£2,132
Current ratio (2012)
1.76×
Net current assets (2012)
£10,561
Current ratio (2013)
1.76×
Net current assets (2013)
£10,561
Current ratio (2014)
3.52×
Net current assets (2014)
£13,898
Current ratio (2015)
3.04×
Net current assets (2015)
£8,726
Current ratio (2016)
3.94×
Net current assets (2016)
£2,398
Net current assets (2017)
£249
Net current assets (2018)
£244
Net current assets (2019)
£244
Net current assets (2020)
£244
Net current assets (2021)
£244
Net current assets (2022)
£244
Net current assets (2023)
£244
Net current assets (2024)
£244

Receivables & payables

Debtor days (2015)
103days

Capital structure

Equity ratio (2017)
100%
Equity ratio (2018)
100%
Equity ratio (2019)
100%
Equity ratio (2020)
100%
Equity ratio (2021)
100%
Equity ratio (2022)
100%
Equity ratio (2023)
100%
Equity ratio (2024)
100%

Quality & mix

Operating profit as % of gross profit (2015)
-31.7%
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