PROMISING SOURCES LIMITED

Company number 12022921 · Active (Active - Proposal to Strike off)

PROMISING SOURCES LIMITED is a private limited company registered in LONDON, United Kingdom, incorporated on 29 May 2019. Its registered activity is buying and selling of own real estate. Its latest published accounts for the period ending 31 May 2024 show equity of £26k, total assets of £3,714. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Company age (years)1.6×6.256–12.986 · 0.18 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % 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
12022921 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
29 May 2019 (7 years)
Registered address
EC1V 2NX LONDON
Postcode area
London East Central
Activity
68100 Buying and selling of own real estate
Industry
Real estate activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202415 Feb 2025– –£26k£3,714 £0–0
31 May 202315 Feb 2024– –£1,840£32k £0–1
31 May 202215 Feb 2023– –£11k£19k £0–0
31 May 202115 Feb 2022– –£433£30k £0–0
31 May 202015 Mar 2021– –£100– –––

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

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Questions about PROMISING SOURCES LIMITED

What is the company number of PROMISING SOURCES LIMITED?

PROMISING SOURCES LIMITED is registered under company number 12022921 in the official register of United Kingdom. View it at the official register.

Is PROMISING SOURCES LIMITED still active?

Yes. PROMISING SOURCES LIMITED is registered as active (status: Active - Proposal to Strike off).

Has PROMISING SOURCES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PROMISING SOURCES LIMITED in the official data.

How likely is PROMISING SOURCES LIMITED to become insolvent?

Our model estimates a 0.00 % probability that PROMISING SOURCES LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PROMISING SOURCES LIMITED founded?

PROMISING SOURCES LIMITED was incorporated on 29 May 2019.

Where is PROMISING SOURCES LIMITED registered?

PROMISING SOURCES LIMITED's registered address is in EC1V 2NX LONDON (London East Central), United Kingdom.

What do the latest accounts of PROMISING SOURCES LIMITED show?

The latest published accounts (period ending 31 May 2024) show equity of £26k, total assets of £3,714, 0 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.