SOURCE INSURANCE LIMITED

Company number 02864963 · Active

SOURCE INSURANCE LIMITED is a private limited company registered in CARDIFF, United Kingdom, incorporated on 22 Oct 1993. Its registered activity is activities of insurance agents and brokers. Its latest published accounts for the period ending 31 Dec 2025 show equity of £5.5m, total assets of £11.8m, turnover of £9.9m, a result of −£145k. It has filed 7 sets of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %

Medium risk

Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent

Turnover (log)5.6×6.00802–7.22806 · 0.65 % became insolvent

Operating margin5.5×-0.203077–-0.0180698 · 0.63 % became insolvent

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent

Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent

Late filings0.8×0–1 · 0.09 % became insolvent

Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number: 02864963 · official register
Status: Active
Legal form: Private Limited Company
Incorporated: 22 Oct 1993 (33 years)
Registered address: CF11 0SN CARDIFF
Postcode area: Cardiff
Activity: 66220 Activities of insurance agents and brokers
Industry: Activities auxiliary to financial services
Accounts overdue: No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period end	Published	Turnover	Result	Equity	Total assets	Current liabilities	Cash	Employees
31 Dec 2025	19 Aug 2026	£9.9m	−£145k	£5.5m	£11.8m	£6.3m	£1.1m	60
31 Dec 2024	15 Aug 2025	£12.6m	£834k	£5.6m	£15.5m	£9.8m	£1.0m	69
31 Dec 2023	15 Aug 2024	£12.7m	£1.0m	£5.3m	£15.9m	£10.5m	£1.2m	67
31 Dec 2022	15 Aug 2023	£12.7m	£1.6m	£4.8m	£17.5m	£12.6m	£2.7m	70
31 Dec 2021	15 Aug 2022	£13.0m	£955k	£4.0m	£16.4m	£12.3m	£1.5m	89
31 Dec 2020	15 Aug 2021	£12.9m	£1.3m	£3.1m	£16.1m	£12.9m	£1.2m	92
31 Dec 2019	15 Aug 2020	£13.3m	£1.3m	£3.0m	£16.0m	£12.9m	£1.4m	–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about SOURCE INSURANCE LIMITED

What is the company number of SOURCE INSURANCE LIMITED?

SOURCE INSURANCE LIMITED is registered under company number 02864963 in the official register of United Kingdom. View it at the official register.

Is SOURCE INSURANCE LIMITED still active?

Yes. SOURCE INSURANCE LIMITED is registered as active (status: Active).

Has SOURCE INSURANCE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SOURCE INSURANCE LIMITED in the official data.

How likely is SOURCE INSURANCE LIMITED to become insolvent?

Our model estimates a 0.14 % probability that SOURCE INSURANCE LIMITED becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was SOURCE INSURANCE LIMITED founded?

SOURCE INSURANCE LIMITED was incorporated on 22 Oct 1993.

Where is SOURCE INSURANCE LIMITED registered?

SOURCE INSURANCE LIMITED's registered address is in CF11 0SN CARDIFF (Cardiff), United Kingdom.

What do the latest accounts of SOURCE INSURANCE LIMITED show?

The latest published accounts (period ending 31 Dec 2025) show equity of £5.5m, total assets of £11.8m, turnover of £9.9m, a result of −£145k, 60 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.