SOURCEFUL LTD

11260656
Active Manchester
78 employees website.com
Supply chain, manufacturing and commerce models Procurement & sourcing platforms
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SOURCEFUL LTD

11260656
Founded 16 Mar 2018 Active Manchester, England 78 employees website.com
Supply chain, manufacturing and commerce models Procurement & sourcing platforms

Previous Company Names

CHAN COMMUNICATIONS LIMITED 16 Mar 2018 — 24 Dec 2019
Accounts Submitted 15 Apr 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 10 Jun 2025 Next due 24 Jun 2026 9 days remaining
Net assets £6M £6M 2024 year on year
Total assets £7M £6M 2024 year on year
Total Liabilities £2M £220K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Colony 5 Piccadilly Place Manchester M1 3BR England

Email

info@example.com

Website

www.example.com

Full company profile for SOURCEFUL LTD (11260656), an active supply chain, manufacturing and commerce models company based in Manchester, England. Incorporated 16 Mar 2018. 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 group
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Balance Sheet & P&L (2021–2024)

Cash in Bank

£6.25M

Decreased by £4.96M (-44%)

Net Assets

£5.78M

Decreased by £5.71M (-50%)

Total Liabilities

£1.62M

Decreased by £219.80k (-12%)

Turnover

£3.69M

Decreased by £721.90k (-16%)

Employees

78

Decreased by 5 (-6%)

Debt Ratio

22%

Increased by 8 (+57%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 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

Funding Rounds 2

Investors (6)

Investor NameInvestor SinceParticipating Rounds
Investor 3Sept 2021Series A, Seed
Investor 4Sept 2021Series A, Seed
Investor 5Sept 2021Seed

Share Capital

Share Capital

Share allotments and capital structure

33 Allotments 6,876,810 Shares £24.09m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
29 Oct 20253,505£0.01£0.01
18 Aug 20231,688£3k£1.71
18 Aug 20231,111£11.11£0.01
18 Aug 20231,679£4k£2.68
17 Jul 20231,835£3k£1.71

Officers

Officers

2 active 1 resigned
Status
Daniel Hillel RimerDirectorSwiss,canadianEngland558 Feb 2021Active
Wing Yung ChanDirectorBritishEngland351 Jun 2020Active

Shareholders

Shareholders (81)

Mr Wing Yung Chan
46.7%
10,083,000
Index Ventures X (jersey) Lp
10.1%
2,174,311

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Wing Yung Chan

British

Active
Notified 20 Feb 2024
Residence England
DOB March 1991
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent,right To Appoint And Remove Directors

Wing Yung Chan

Ceased 16 Feb 2024

Ceased

Shiran Zheng

Ceased 10 Dec 2020

Ceased

Group Structure

Group Structure

SOURCEFUL LTD Current Company
THH GROUP LTD united kingdom

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
29 Oct 2025CapitalAllotment of shares (GBP 215.89705) on 29 Oct 2025
10 Jun 2025Confirmation StatementConfirmation statement made on 10 Jun 2025 with updates
15 Apr 2025AccountsAnnual accounts made up to 31 Dec 2024
12 Jun 2024OfficersChange to director Mr Daniel Hillel Rimer on 10 Jun 2024
10 Jun 2024Confirmation StatementConfirmation statement made on 10 Jun 2024 with updates
29 Oct 2025 Capital

Allotment of shares (GBP 215.89705) on 29 Oct 2025

10 Jun 2025 Confirmation Statement

Confirmation statement made on 10 Jun 2025 with updates

15 Apr 2025 Accounts

Annual accounts made up to 31 Dec 2024

12 Jun 2024 Officers

Change to director Mr Daniel Hillel Rimer on 10 Jun 2024

10 Jun 2024 Confirmation Statement

Confirmation statement made on 10 Jun 2024 with updates

Recent Activity

Latest Activity

Allotment of shares (GBP 215.89705) on 29 Oct 2025

7 months ago on 29 Oct 2025

Confirmation statement made on 10 Jun 2025 with updates

1 years ago on 10 Jun 2025

Annual accounts made up to 31 Dec 2024

1 years ago on 15 Apr 2025

Change to director Mr Daniel Hillel Rimer on 10 Jun 2024

2 years ago on 12 Jun 2024

Confirmation statement made on 10 Jun 2024 with updates

2 years ago on 10 Jun 2024