SRC GROUP LIMITED
Company number 05251463 · Monitor this company
Executive summary
SRC Group Limited has a very weak financial position characterised by near‑zero cash, heavy reliance on intercompany debtors (£193k) and director loans (£100k), and no tangible assets. Although net assets are positive (£21.5k), the business is highly fragile and would become insolvent if related parties delayed payments or if directors withdrew support. Immediate cash flow monitoring, converting director loans into equity, and assessing the collectibility of group debtors are critical steps to avoid further deterioration.
Shareholders' funds
£21,543
Balance sheet as at 2024-09-28
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-10-06
- Employees
- 2 (2024 accounts)
- Registered office
- Cairn Doon, Buds Road, Cannock Wood, England, WS15 4NB
- Postcode
- WS15 4NB
- Capital
- 10 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-09-28
- Next due by
- 2027-06-28
- Financial year end
- 28 September
Confirmation statement
- Last statement dated
- 2026-10-05
- Next due by
- 2027-10-19
Nature of business (SIC)
- 43390 Other building completion and finishing
Officers 2 current · 2 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Contact details
- Website
- http://www.srcgroupltd.co.uk
Among its peers
Among the biggest employers
of 204 similar companies in WS, with 2 staff. Among the oldest 25% of its local peers.
Competitors Walsall
This company ranks 88 among other building completion and finishing in Walsall.
The class of 2004
36%
of the 1,293 companies in this sector incorporated in 2004 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.