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Netspark Limited

04260577

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

C/O REM (UK) GLENFIELD MILL, NELSON, BB9 8AW
Incorporated 27/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Mohammed Azam Ali

director · Since 27/01/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Mr Michael Roach

director · Since 27/01/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Braithwaite Holdings Limited

75–100% shares
75–100% votes

Glenfield Mill, Glenfield Road, Nelson, BB9 8AW

Reg: 06343015 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 13/06/2025Registered 17/06/2025
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 31/05/2024Registered 05/06/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 31/05/2024Registered 05/06/2024
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 21/11/2019Registered 26/11/2019Satisfied 13/03/2026
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 27/01/2014Registered 30/01/2014Satisfied 13/03/2026
Charge
satisfied

JULIE BRAITHWAITE · CHRISTOPHER HARRY BRAITHWAITE

Created 27/01/2014Registered 27/01/2014Satisfied 15/04/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/10/2001Registered 19/10/2001Satisfied 03/06/2024
charge
satisfied

THE HSBC ENTERPRISE FUND FOR THE NORTH WEST, THE HSBC UK EUROPEAN FUND FOR THE NORTH WEST OFENG

Created 05/10/2001Registered 19/10/2001Satisfied 16/01/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/10/2001Registered 19/10/2001Satisfied 03/06/2024
charge
satisfied

JOHN COLIN MCMAHON AND WILLIAM ECCLES

Created 05/10/2001Registered 12/10/2001Satisfied 18/10/2013

CompanyRankvs 1882+ SIC 31090 peers
47

Financial strength92th percentile among SIC peers · 23/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£371k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£949k

Working capital

Current Assets

£921

Current Liabilities

£950k

Fixed Assets

£1.4M

Debtors

£921

0avg. employees

Tax at Year End

Corp tax£53k

Balance Sheet

Assets less current liabilities£486k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00-£1.3M
2023+£319k

Derived from filed accounts. Not audited figures.