Spar City Tower Limited
06744206
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 17/01/2026
Due 31/01/2027
Industry
Officers
secretary · Since 29/10/2013
Former
corporate secretary · Resigned 07/11/2008
director · Resigned 07/11/2008
Persons with Significant Control
Mr Paul Antony Stone
British · England · Age 59
2-4, Oxford Road, Manchester, M1 5QA
Notified 05/12/2016
Mr Robert Hinchey
British · England · Age 43
2-4, Oxford Road, Manchester, M1 5QA
Notified 06/11/2023
Change History
Active
Private Limited Company
2-4 OXFORD ROAD
MANCHESTER
CompanyRankvs 3052+ SIC 47110 peers64
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/05/2025
Net Worth
£161k
Balance sheet strength
Cash
£81k
Cash in the bank
Net Current Assets
-£153k
Working capital
Current Assets
£304k
Current Liabilities
£457k
Fixed Assets
£409k
Debtors
£128k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.66 | -£11k |
| 2024 | 1.65 | +£17k |
| 2023 | 1.39 | +£51k |
| 2022 | 1.37 | +£50k |
| 2021 | 1.00 | -£70k |
| 2020 | 1.54 | -£29k |
| 2019 | 1.30 | — |
Derived from filed accounts. Not audited figures.