Source It Trading Ltd

Source It Trading Ltd is a small, active company based in London, UK, established sixteen years ago in 2009. With just one employee and £213,621 in assets, it operates from a virtual address shared by many other businesses – a bit of a red flag, really. The company is led by two directors and has one owner, Price David Andrew, although the list of owners changed nine years ago. It runs an e-commerce site and regularly imports prepared feathers, down, artificial flowers, and human hair products—a consistent import history spanning 27 months, with the last activity in February 2025.

The company’s website showcases a specialized business: manufacturing charity badges. It's a significant operation, supplying badges for over 20 years and even producing the iconic Marie Curie daffodil. They boast about sourcing, designing, and delivering over 7 million badges annually, working with charities worldwide. Their focus is on attractive, ethical badges and display materials to maximize visibility and fundraising efforts. The website even offers sample boxes to potential clients, a nice touch.

Financially, Source It Trading Ltd shows a mixed picture. Cash bank on hand increased by 16% to £210,000, a positive sign. However, accumulated depreciation on computer equipment increased by 47%, and total depreciation rose by 8.4%. Amounts owed to directors plummeted by a massive 95%, which is a bit unusual. Creditors decreased by 6.7%, suggesting better management of short-term debts. The company’s small size—meeting two of the three criteria for being classified as small—helps it remain nimble, but the decrease in equity is something to keep an eye on. There's no auditor mentioned, which is common for small companies exempt from an audit. Overall, Source It Trading Ltd seems to be holding its own, but the financial trends warrant closer observation.

Registered in England/Wales under the registration number 06891519, with a registered address at SW19 4DW, United Kingdom, London, D S Burge And Co Ltd, The Courtyard, 7 Francis Grove.

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