Multispark Erosion Limited
00844863
Healthy
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/10/1991
ENGINEER
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
director · Since 12/10/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 1 other board
Persons with Significant Control
Mr David Ian Sheldon
British · United Kingdom · Age 61
Church View Chambers, 38 Market Square, Toddington, LU5 6BS
Notified 06/04/2016
Mrs Tracey Ann Sheldon
British · United Kingdom · Age 60
Church View Chambers, 38 Market Square, Toddington, LU5 6BS
Notified 06/04/2016
Charges5 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 685+ SIC 25620 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£502k
Balance sheet strength
Cash
£91k
Cash in the bank
Net Current Assets
£36k
Working capital
Current Assets
£329k
Current Liabilities
£293k
Fixed Assets
£887k
Debtors
£238k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.12 | -£51k |
| 2024 | 1.00 | -£58k |
| 2023 | 1.67 | -£54k |
| 2022 | 1.75 | -£49k |
| 2021 | 4.13 | -£74k |
| 2020 | 4.39 | -£2k |
| 2019 | 2.98 | — |
Derived from filed accounts. Not audited figures.