Sourced Fashion Ltd
Registered name: SOURCED FASHION LTD
Sourced Fashion Ltd made £231k revenue and a £17 loss in the year to 28 Feb 2025.
Sourced Fashion Ltd’s revenue fell 68% to £231k in the year to 28 Feb 2025, with a loss of £17 and 1 employee. The company is classified under “retail sale of clothing in specialised stores” and is based in Rugby; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Rugby, West Midlands
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £719k | £231k |
| Cost of sales | — | £450k | £137k |
| Gross profit | — | £269k | £94.5k |
| Operating profit | — | £27.4k | £5.1k |
| Profit after tax | — | £180 | −£17 |
| Profit (best available) | — | £180 | −£17 |
| Employees (average) | 3 | 3 | 1 |
| Ratios | |||
| Profit margin | — | 0% | 0% |
| Gross margin | — | 37.4% | 40.9% |
| Revenue per employee | — | £240k | £231k |
| Profit per employee | — | £60 | −£17 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼67.9% |
| Profit growth | — | — | ▼109.4% |
| Headcount growth | — | 0% | ▼66.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £43.6k | £20.4k | £1.2k |
| Net assets | £20.3k | £19.5k | £19.5k |
| Fixed assets | £1.5k | £1.9k | £0 |
| Current assets | £83.8k | £87.2k | £21.2k |
| Debtors | — | £0 | £19.7k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 40.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £231k
- Revenue ÷ average employees.
- Profit per employee
- −£17
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▼0%
- Now £19.5k
- Cash at bank
- ▼94%
- Now £1.2k
- Headcount
- ▼67%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
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- Profit
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£17), from the Companies House accounts bulk data published Dec 2025. 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.