Sourcing International Limited

Sourcing International Limited is a small, active company based in Wigston, UK, founded four years ago in 2020. With eleven employees and £210,584 in assets, it operates from a real address and is overseen by four directors, with Jeffries Lee Thomas John as the sole owner. The company regularly imports drinks, alcohol, and vinegar—a consistent activity over the past five months—and occasionally exports paper and paperboard products, with one month of export activity recorded as of January 2025.

The company's website reveals a specialized business focused on sourcing industrial fruit juice concentrates and essential oils for the wholesale food trade. It acts as an agent for several producers in Brazil and Mexico, offering a range of products including Concord Grape Juice Concentrate. The website emphasizes its ability to source hard-to-find items and provide regulatory documentation, catering to modern companies and their compliance needs. It even offers Zoom calls for client communication.

Financially, Sourcing International Limited shows some concerning trends. While turnover isn’t explicitly stated, net assets have decreased by 38%, dropping to £230,000. Cash reserves have also fallen significantly, decreasing by 67% to £100,000. Bank borrowings have increased, and trade debtors have risen considerably, suggesting potential issues with customer payments. However, creditors have also decreased, indicating some improvement in debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity warrants closer attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 12943631, with a registered address at LE18 2FL, England, Wigston, Unit A1 Bowbridge Works, Chartwell Drive.

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