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Unitspark Limited

02175157

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT K LAMBS FARM BUSINESS PARK, SWALLOWFIELD READING, RG7 1PQ
Incorporated 07/10/1987

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 16/08/2026

Due 30/08/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Ian Gordon Wallace

director · Since 14/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Ian Gordon Wallace

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 62

Unit K, Lambs Farm Business Park, Swallowfield Reading, RG7 1PQ

Notified 01/01/2019

Former PSCs

Mr Robert Peter Horne

Ceased 01/01/2019

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/09/2023Registered 12/09/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/02/2013Registered 22/02/2013Satisfied 11/05/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/07/1994Registered 07/07/1994Satisfied 11/05/2022

CompanyRankvs 46+ SIC 25990 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

generated. Thus they continue to adopt a going concern basis in preparing the financial statements. The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going

Key FinancialsYear ending 31/12/2025

Net Worth

£8.1M

Balance sheet strength

Cash

£6.8M

Cash in the bank

Profit Before Tax

£3.1M

Bottom line earnings

Net Current Assets

£7.4M

Working capital

Current Assets

£10.5M

Current Liabilities

£3.1M

Fixed Assets

£804k

Debtors

£3.7M

Admin Expenses

£2.4M

Profit After Tax

£2.4M

99avg. employees+98

Tax at Year End

Corp tax£292k
Dividends paid£200k

People Costs

Wages & salaries£5.2M

Balance Sheet

Intangible assets£39k
Bank loans & overdrafts£0
Assets less current liabilities£8.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.38+£2.0M
20242.47+£1.9M
20232.39—

Derived from filed accounts. Not audited figures.