Sourcing - It Limited
- Small
- Active
- 31 years
- 17 employees
- £1,533,843 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Sourcing It Ltd from Reading UK: a small, active company established 31 years ago, employs 17 people, and holds £2,150,501 in assets. It’s a family business with three directors and two owners, operating from a real address. The company regularly imports electrical machinery and equipment (319 months) and exports machinery, boilers, and mechanical appliances (688 months).
The company’s website highlights its role as a global sourcing partner, delivering construction materials across Canada. It emphasizes 120 years of combined expertise, an extensive product range, and reliable nationwide delivery. Sourcing It Ltd operates from North Vancouver, B.C., and specializes in sourcing high-quality construction materials from global manufacturers. It also has a website, jclachancesourcingitltd.com, and a phone number, 17789992422.
Financially, Sourcing It Ltd’s report shows some concerning trends. Cash reserves fell by a significant 29%, dropping to £890,000. Creditors also decreased, but bank borrowings increased slightly. While net assets grew by 8.8%, reaching £810,000, trade debtors decreased by 8%, and total assets less current liabilities remained constant. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the decline in cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited. It’s possible the company is investing in growth or facing temporary cash flow challenges, but it’s something to keep an eye on.
Registered in England/Wales under the registration number 02876790, with a registered address at RG1 1AZ, England, Reading, Berkshire, 5th Floor R+ Building, 2 Blagrave Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
-
Individual
- 31 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 13 pages pdf report
-
Confirmation statement made on 2024-12-01 with no updatesDownload 3 pages pdf report
-
Registered office address changed from 2nd Floor, Aquis House 49 - 51 Blagrave Street Reading Berkshire RG1 1PL England to 5th Floor R+ Building 2 Blagrave Street Reading Berkshire RG1 1AZ on 2024-06-11Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sourcing - It Limited
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