PROJECT SOURCE BIDCO LIMITED

Active London

Activities of other holding companies n.e.c.

108 employees website.com
Activities of other holding companies n.e.c.
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PROJECT SOURCE BIDCO LIMITED

Activities of other holding companies n.e.c.

Founded 3 Dec 2021 Active London, United Kingdom 108 employees website.com
Activities of other holding companies n.e.c.
Accounts Submitted 16 Jun 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 4 Dec 2025 Next due 16 Dec 2026 7 months remaining
Net assets £328K £3M 2024 year on year
Total assets £29M £933K 2024 year on year
Total Liabilities £28M £2M 2024 year on year
Charges 2
2 outstanding

Contact & Details

Contact

Registered Address

316a Beulah Hill London SE19 3HF United Kingdom

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for PROJECT SOURCE BIDCO LIMITED (13781706), an active company based in London, United Kingdom. Incorporated 3 Dec 2021. Activities of other holding companies n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2022–2024)

Cash in Bank

£3.60M

Increased by £3.03M (+528%)

Net Assets

£328.00k

Increased by £3.11M (+112%)

Total Liabilities

£28.46M

Decreased by £2.18M (-7%)

Turnover

£24.68M

Increased by £7.32M (+42%)

Employees

108

Increased by 7 (+7%)

Debt Ratio

99%

Decreased by 11 (-10%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

10 Allotments 18,547,328 Shares £18.56m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
19 Jul 20247,860£2k£0.25
19 Jul 202411,000£80k£7.3
13 Mar 20241,428£357£0.25
13 Mar 20242,000£2k£1
8 Feb 20236,426£2k£0.25

Officers

Officers

2 active 1 resigned
Status
Anthony RaffertyDirectorBritishScotland5520 May 2022Active
Khidhr ShafiqDirectorBritishEngland3814 Mar 2022Active

Shareholders

Shareholders (33)

Vespa Capital Iii Gp Llp
68.0%
388,550
Anthony Rafferty
2.4%
13,475

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 3 Dec 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

VESPA CAPITAL LLP united kingdom
PROJECT SOURCE BIDCO LIMITED Current Company
ORIGO SERVICES LIMITED united kingdom

Charges

Charges

2 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
24 Mar 2026OfficersChange to director Mr Gautham Radhakrishnan on 2026-03-24
24 Mar 2026OfficersChange to director Mr Garry Miller on 2026-03-24
4 Dec 2025Confirmation StatementConfirmation statement made on 2025-12-02 with updates
23 Oct 2025OfficersAppointment of Mr Thomas Patrick Mullally as director on 2025-07-22
16 Jun 2025AccountsAnnual accounts made up to 2024-12-31
24 Mar 2026 Officers

Change to director Mr Gautham Radhakrishnan on 2026-03-24

24 Mar 2026 Officers

Change to director Mr Garry Miller on 2026-03-24

4 Dec 2025 Confirmation Statement

Confirmation statement made on 2025-12-02 with updates

23 Oct 2025 Officers

Appointment of Mr Thomas Patrick Mullally as director on 2025-07-22

16 Jun 2025 Accounts

Annual accounts made up to 2024-12-31

Recent Activity

Latest Activity

Change to director Mr Gautham Radhakrishnan on 2026-03-24

3 weeks ago on 24 Mar 2026

Change to director Mr Garry Miller on 2026-03-24

3 weeks ago on 24 Mar 2026

Confirmation statement made on 2025-12-02 with updates

4 months ago on 4 Dec 2025

Appointment of Mr Thomas Patrick Mullally as director on 2025-07-22

5 months ago on 23 Oct 2025

Annual accounts made up to 2024-12-31

10 months ago on 16 Jun 2025