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C Sparks & Sons Limited

01018080

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SPARKS TRANSPORT, GLASTONBURY, BA6 9AG
Incorporated 19/07/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Adrian Cyril Sparks

director

British

Jonathan David Sparks

director · Since 28/12/2013

British

Tristan Charles Sparks

director · Since 09/10/2018

British

Former

Adrian Cyril Sparks

secretary · Resigned 16/12/2012

Adrian Cyril Sparks

director · Resigned 28/12/2013

David John Sparks

director · Resigned 30/06/2006

Jonathan David Sparks

director · Resigned 28/12/2013

Shirley Ann Sparks

director · Resigned 28/12/2013

Shirley Ann Sparks

director · Resigned 13/07/2016

Stephanie Sparks

director · Resigned 30/06/2006

Stuart Leonard Summers

director · Resigned 16/12/2019

CompanyRankvs 287970+ SIC 49410 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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28797C Sparks & Sons Limited
47
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty in relation to going concern We draw your attention to the going concern accounting policy note in the financial statements which explains how the company's liabilities exceeded its assets at the balance sheet date

Key FinancialsYear ending 31/01/2022

Turnover

£16.3M

Annual revenue

Net Worth

-£202k

Balance sheet strength

Cash

£149k

Cash in the bank

Profit Before Tax

£538k

Bottom line earnings

Net Current Assets

-£1.4M

Working capital

Current Assets

£4.1M

Current Liabilities

£5.5M

Fixed Assets

£4.7M

Debtors

£3.8M

Cost of Sales

£13.2M

Gross Profit

£3.1M

Admin Expenses

£2.3M

Operating Profit

£821k

Profit After Tax

£788k

145avg. employees

People Costs

Wages & salaries£5.0M
NI contributions£519k

Balance Sheet

Bank loans & overdrafts£1.0M
Assets less current liabilities£3.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20220.74

Derived from filed accounts. Not audited figures.