Source Ev UK Limited
Registered name: SOURCE EV UK LIMITED
Part of Source Ev Limited groupSource Ev UK Limited made £1k revenue and a £7.3k loss in the year to 31 Dec 2024.
Source Ev UK Limited’s revenue was £1k in the year to 31 Dec 2024, with a loss of £7.3k and 0 employees. The company is classified under “electrical installation” 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
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.
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 | £388 |
| Gross profit | £3 | £651 |
| Operating profit | −£6.2k | −£8.1k |
| Profit before tax | −£7k | −£8.8k |
| Profit after tax | −£7k | −£7.3k |
| Profit (best available) | −£7k | −£7.3k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −2318% | −699.4% |
| Gross margin | 1% | 62.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £10.5k |
| Net assets | −£7k | £28.7k |
| Fixed assets | £33.8k | £51.2k |
| Current assets | £764 | £12.4k |
| Debtors | £41 | £101 |
| Deferred income | £1.4k | £5k |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −699.4%
- Profit ÷ revenue.
- Gross margin
- 62.7%
- 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
- 4923%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 477%
- 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 £28.7k
- Cash at bank
- —
- Now £10.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £5k
- Fixed assets
- —
- Now £51.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Source Ev Limitedultimate parent75–100%
- Source Ev UK 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).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£7.3k), 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.