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Spear Technology Limited

07131171

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Retford Enterprise, Randall Way, Retford, DN22 7GR
Incorporated 20/01/2010

Compliance

Last accounts

31/08/2024

unaudited abridged

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

61900
Other telecommunications activities

Officers

Mr Stuart Pearson

director · Since 20/01/2010

IT SPECIALIST

BRITISH · ENGLAND · Age 50

Also on 18 other boards

Stuart Pearson

director · Since 20/01/2010

British · England · Age 50

Former

Andrew Thomas Perry

director · Resigned 15/08/2024

Persons with Significant Control

Spear Technology Holdings Limited

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

70, Clarkehouse Road, Sheffield, S10 2LJ

Reg: 15818266 · England And Wales · Private Limited Company

Notified 15/08/2024

Former PSCs

Mr Stuart Pearson

Ceased 15/08/2024

Change History

officer appointedPEARSON, Stuart
2026-06-17
statusactive
2026-06-17

Active

typeltd
2026-06-17

Private Limited Company

address line1Retford Enterprise
2026-06-17

RETFORD ENTERPRISE

post townRetford
2026-06-17

RETFORD

CompanyRankvs 5581+ SIC 61900 peers
44

Financial strength8th percentile among SIC peers · 2/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£23k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£407k

Working capital

Current Assets

£38k

Current Liabilities

£446k

Fixed Assets

£391k

Debtors

£34k

2avg. employees

Tax at Year End(2022)

Corp tax-£13k
Dividends paid£202k

Balance Sheet

Intangible assets£391k
Bank loans & overdrafts£10k
Assets less current liabilities-£16k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£54k
20230.08-£25k
20220.04-£191k
20210.11-£272k
20200.08
20190.01
20180.05

Derived from filed accounts. Not audited figures.