How many employees does Source Advisors Limited have?

Source Advisors Limited reported an average of 41 employees in the year to 31 Dec 2025.

Is Source Advisors Limited profitable?

Yes — Source Advisors Limited reported a profit of £518k in the year to 31 Dec 2025.

Company No. 05852134 · Incorporated 20 Jun 2006

Source Advisors Limited

Registered name: SOURCE ADVISORS LIMITED

Part of Innovation Consulting Group Limited group

Source Advisors Limited made £518k profit in the year to 31 Dec 2025 (revenue not disclosed).

Source Advisors Limited reported £518k profit in the year to 31 Dec 2025; its revenue was not disclosed. It had 41 employees. The company is classified under “tax consultancy” and is based in London; we hold 3 years of its filed accounts.

Profit onlySection M · Professional, scientific and technical activitiesSIC 69203Tax consultancy

Status: Active
Location: London, London
Age: 20 yrs · since 2006
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£518k

Growth —

Profit margin

—

Employees

Change ▼19.6%

Profit / employee

£12.6k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Profit after tax	£1.5m	−£5.2m	£518k
Profit (best available)	£1.5m	−£5.2m	£518k
Employees (average)	46	51	41
Ratios
Profit margin	—	—	—
Profit per employee	£31.8k	−£102k	£12.6k
Growth (year on year)
Headcount growth	—	—	▼19.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£624k	£1.2m	£1m
Net assets	£9.5m	£4.4m	£4.9m
Fixed assets	£587k	£486k	£404k
Current assets	£10.1m	£5.3m	£5.7m
Debtors	£878k	£544k	£1.3m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £12.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲12%; Now £4.9m
Cash at bank: ▼15%; Now £1m
Headcount: ▼20%; Now 41
Deferred income: —; Now —
Fixed assets: ▼17%; Now £404k

Corporate ownership

Group structure

Ownership chain

Innovation Consulting Group Limited (registered outside the UK register)ultimate parent75–100%
Source Advisors Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £518k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.