Source Ev Limited
Registered name: SOURCE EV LIMITED
Source Ev Limited made £1k revenue and a £7.5k loss in the year to 31 Dec 2024.
Source Ev Limited’s revenue was £1k in the year to 31 Dec 2024, with a loss of £7.5k and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £300 | £1k |
| Cost of sales | £297 | £402 |
| Gross profit | £3 | £644 |
| Operating profit | −£6.2k | −£8.3k |
| Profit before tax | −£7k | −£9k |
| Profit after tax | −£7k | −£7.5k |
| Profit (best available) | −£7k | −£7.5k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −2318% | −712.4% |
| Gross margin | 1% | 61.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £13.1k |
| Net assets | −£7k | £35.7k |
| Fixed assets | £33.8k | £56.2k |
| Current assets | £764 | £14.9k |
| Debtors | £41 | £101 |
| Deferred income | £1.4k | £5.1k |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −712.4%
- Profit ÷ revenue.
- Gross margin
- 61.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5377%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 485.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- —
- Now £35.7k
- Cash at bank
- —
- Now £13.1k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £5.1k
- Fixed assets
- —
- Now £56.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Source Ev UK LimitedRev. £1k · Profit −£7.3k
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£7.5k), from the Companies House accounts bulk data published Apr 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.