Original Source Limited

Original Source Limited is a small, active company based in Manchester, UK, founded five years ago in 2019. With two employees and £117,921 in assets, it’s a family-run business with two directors and owners, Keogh Daniel Christian and Keogh Patricia. The company operates from a real address, with only one other business registered at the same location. It’s a wholesale and retail operation, specializing in clothing and footwear.

The business regularly imports clothing and accessories that aren't knitted or crocheted—a total of 16 months of import activity, with the latest shipment arriving in February 2025. It also exports clothing and accessories made by knitting or crocheting, with three months of export activity recorded as of March 2023.

Financially, Original Source Limited shows some concerning trends. Cash reserves have fallen by 43%, dropping to £54,000, and current assets have decreased by 52%, sitting at £120,000. Creditors have plummeted by a massive 96%, now at just £6,600—a good sign, perhaps, but the drop is quite drastic. Debtors have also decreased significantly, down 66% to £48,000. Equity, however, has increased by 30%, reaching £110,000, which is a positive sign. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

The company's description of principal activities mentions wholesale of clothing and footwear and retail sale of clothing in specialised stores. It's clear that the business is trying to stay afloat, but the significant decrease in cash and assets suggests it’s facing financial pressure. The increase in equity, however, could be due to retained earnings or other factors, and it's difficult to say for sure without more detailed information.

Registered in England/Wales under the registration number 12065208, with a registered address at M40 0AB, Manchester, Greater Manchester, 69 Marleyer Close, Moston.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.