Spark2life
05895562
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 03/08/2025
Due 17/08/2026
Industry
Officers
director · Since 23/01/2017
CHARITY MANAGER
BRITISH · ENGLAND · Age 65
Also on 1 other board
director · Since 25/04/2019
DIRECTOR OF FINANCE AND ADMINISTRATION
BRITISH · ENGLAND · Age 67
Also on 1 other board
secretary · Since 05/03/2024
director · Since 29/07/2025
CIVIL SERVANT
BRITISH · ENGLAND · Age 41
Also on 2 other boards
director · Since 29/07/2025
BUSINESS CONSULTANT
BRITISH · UNITED KINGDOM · Age 42
Also on 4 other boards
director · Since 29/07/2025
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
director · Since 01/10/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 7 other boards
CompanyRankvs 37+ SIC 85600 peers80
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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
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
have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going con
Key FinancialsYear ending 31/03/2025
Net Worth
£950k
Balance sheet strength
Cash
£617k
Cash in the bank
Net Current Assets
£924k
Working capital
Current Assets
£933k
Current Liabilities
£9k
Fixed Assets
£26k
Debtors
£316k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 103.01 | +£3k |
| 2024 | 94.80 | +£483k |
| 2021 | 10.81 | +£249k |
| 2020 | 22.50 | +£166k |
| 2019 | 1.51 | — |
Derived from filed accounts. Not audited figures.