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SOURCE INSURANCE LIMITED Active

Financial Services


Contact information


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Financial statements of SOURCE INSURANCE LIMITED

According to SOURCE INSURANCE LIMITED latest financial report submitted on 2023-12-31, the company has a Turnover of £13M, Gross-Profit of £7M while the Cash is £1M. Compared with the previous year, the company reported a Turnover increase of 25.07%, which is an equivalent of -3191171. At the same time, the Gross-Profit went up by 29.5%, or by -2099413.


Year:
2022 Not available
2021 Not available
2020 Not available
2019 Not available

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  • Reporting period

    12

  • Consolidated A/cs

    N

  • Profit after Tax

    £ 1.0 million

  • Working Capital

    £ 5.0 million

Cost of Sales

SOURCE INSURANCE LIMITED Business Credit Report

A Business Credit Report for SOURCE INSURANCE LIMITED is available for instant download. The report will provide you with a credit score and credit limit recommendation for SOURCE INSURANCE LIMITED, payment trends, if the company pays their Invoices on time, whether or not the company has any court judgements, ownership and group structure, up to 5 years of financial statements and much more. When you buy a Credit Report from Global Database, you will also have a 7 days free trial to our B2B Sales Platform.


Overall Credit Risk for

SOURCE INSURANCE LIMITED

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Key features

  • Credit Score and Credit Limit
  • Financial accounts for the past 5 years
  • Credit Officers
  • Document Filing history
  • Corporate Ownership
  • Outstanding & Satisfied Mortgages
  • Shareholder Information
  • Company Identity

SOURCE INSURANCE LIMITED Directors and key executives

SOURCE INSURANCE LIMITED currently employs 67 people. Compared with the previous year, the company has reported a staff decrease of 4%, which is an equivalent of 3 employees.
In order to view contact information, including emails and phone numbers for all the employees working at SOURCE INSURANCE LIMITED and to export them in XL or to your existing CRM, you can subscribe to our platform here.


Total Employee Count

Total employees

67

96%

1y growth

79%

2y growth

Management Level


4

Top

27

Middle

56

Operational

Employee Job Title Email Phone Country
Phil Lewis Human Resources And Compliance Manager
**********@thesource.co.uk
+447502****** GB
Julie Williams Broker Relationship Manager
**************@thesource.co.uk
+447960****** GB
Crystal Howard Finance Supervisor
**************@thesource.co.uk
+447581****** GB
Lyndsey Gullidge Quality Assurance And Auditing
****************@thesource.co.uk
+447961****** GB
Andrew Masters Director
****************@thesource.co.uk
- GB

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SOURCE INSURANCE LIMITED Ownership and Group Structure

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SOURCE INSURANCE LIMITED Shareholders and Ultimate Beneficial Owners (UBO)

There are currently 5 people with significant control at SOURCE INSURANCE LIMITED. One of of major shareholders of SOURCE INSURANCE LIMITED is ANDREW ALISTAIR MASTERS, which owns 715 ORDINARY shares, with a total value of 715 GBP and GAVIN LINDSAY DAVIDSON, which owns 70 ORDINARY shares, with a total value of 70 GBP and ALEXANDER MCLAUGHLAN, which owns 300 ORDINARY shares, with a total value of 300 GBP and SIMON JAMES WILSHER, which owns 300 ORDINARY shares, with a total value of 300 GBP and CAROLINE MICHELLE MASTERS, which owns 305 ORDINARY shares, with a total value of 305 GBP.


Name Quantity Share Type Value
ANDREW ALISTAIR MASTERS
715 ORDINARY 715 GBP
GAVIN LINDSAY DAVIDSON
70 ORDINARY 70 GBP
ALEXANDER MCLAUGHLAN
300 ORDINARY 300 GBP
SIMON JAMES WILSHER
300 ORDINARY 300 GBP
CAROLINE MICHELLE MASTERS
305 ORDINARY 305 GBP

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SOURCE INSURANCE LIMITED competitors:

Top 5 similar companies of SOURCE INSURANCE LIMITED are INSURE & GO INSURANCE SERVICES LIMITED, NEILSON FINANCIAL SERVICES LIMITED, INNOVATION PROPERTY (UK) LIMITED, ONE CALL INSURANCE SERVICES LIMITED, CLEAR INSURANCE MANAGEMENT LIMITED. View and export all the competitor list of SOURCE INSURANCE LIMITED by upgrading your account here.


INSURE & GO INSURANCE SERVICES LIMITED


Revenue
9,271,392.0
Age
25 years
Employees
115
Industry
View Foreign Insurance Companies Service Offices
Website
View http://insur***********

NEILSON FINANCIAL SERVICES LIMITED


Revenue
78,387,708.0
Age
13 years
Employees
250
Industry
View Financial Services
Website
View https://neil**********

INNOVATION PROPERTY (UK) LIMITED


Revenue
34,572,000.0
Age
26 years
Employees
228
Industry
View Foreign Insurance Companies Service Offices
Website
View http://innovation***************

ONE CALL INSURANCE SERVICES LIMITED


Revenue
65,131,710.0
Age
22 years
Employees
437
Industry
View Financial Services
Website
View http://onecallin**************

CLEAR INSURANCE MANAGEMENT LIMITED


Revenue
41,283,000.0
Age
26 years
Employees
381
Industry
View Financial Services
Website
View http://thecle************

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SOURCE INSURANCE LIMITED news & activities:


Turnover

SOURCE INSURANCE LIMITED has submitted new account statements and has reported a turnover of £13M, a 25.07% decrease year-over-year.

uk.globaldatabase.com

2023-12-31

EBITDA

The SOURCE INSURANCE LIMITED-based company said the adjusted EBITDA is now £1M, compared with the previous year of 2.1 million.

uk.globaldatabase.com

2023-12-31

Employees

SOURCE INSURANCE LIMITED number of employees has decreased by -4% compared with previous year and now represents a total number of 67.

uk.globaldatabase.com

2023-12-31

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Frequently Asked Questions regarding SOURCE INSURANCE LIMITED


Where is SOURCE INSURANCE LIMITED registered office?

SOURCE INSURANCE LIMITED is located at Global Reach Dunleavy Drive, United Kingdom.

How can I contact SOURCE INSURANCE LIMITED?

You can call SOURCE INSURANCE LIMITED at the following number +442920******

What is the website of SOURCE INSURANCE LIMITED?

SOURCE INSURANCE LIMITED website is https://thesource.co.uk/

How many people work at SOURCE INSURANCE LIMITED?

According to the latest account statement, there are currently 67 of employees working for SOURCE INSURANCE LIMITED.

How much revenue does SOURCE INSURANCE LIMITED make?

Based on the latest financial accounts submitted on 2023-12-31, the company made £13M for 2023, which went up by 25.07%.

What is SOURCE INSURANCE LIMITED EBITDA?

For 2023, SOURCE INSURANCE LIMITED has reported an EBITDA of £1M, which went up by 63.53% compared to previous year.

What is the Business Credit Score of SOURCE INSURANCE LIMITED and how reliable is the company?

In order to check the business credit score of SOURCE INSURANCE LIMITED, you can request a credit report. You will view the latest credit limit information, ownership, group structure, court judgements and much more.

Does SOURCE INSURANCE LIMITED pay their invoices on time?

By requesting a Business Credit Report for SOURCE INSURANCE LIMITED, you will be able to gain more insights about the SOURCE INSURANCE LIMITED payment trends.

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