Irresistible Materials Ltd
06847082
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 16/03/2026
Due 30/03/2027
Industry
Officers
director · Since 22/12/2016
UNIVERSITY LECTURER
BRITISH · UNITED KINGDOM · Age 52
Also on 1 other board
director · Since 31/01/2025
DIRECTOR
INDIAN · UNITED STATES · Age 62
Persons with Significant Control
Tokyo Ohka Kogyo Co., Ltd
150 Nakamaruko, Nakahara-Ku, Kanagawa, 211-0012
Reg: 3020001069823 · Japan · Public Limited Company
Notified 23/10/2025
Charges0 outstanding
SPRK CAPITAL LIMITED
CompanyRankvs 35460+ SIC 72190 peers46
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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
delayed or not proceed as planned, and if alternative funding or cost reductions cannot be secured in a timely manner, this would cast significant doubt on the company’s ability to continue as a going concern. Nevertheless, based on the multiple options available and the directors’ reasonable expectation that funding will be secured, the financial statements have been prepared on a going conc
Key FinancialsYear ending 31/03/2025
Net Worth
£61
Balance sheet strength
Cash
£267k
Cash in the bank
Net Current Assets
-£5.7M
Working capital
Current Assets
£1.3M
Current Liabilities
£7.0M
Fixed Assets
£15k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.19 |
| 2024 | 0.13 |
| 2023 | 0.28 |
| 2022 | 1.03 |
| 2021 | 2.08 |
| 2020 | 0.79 |
| 2019 | 0.20 |
Derived from filed accounts. Not audited figures.