Spirit Implement Limited
07300197
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/11/2018
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 3 other boards
director · Since 28/04/2022
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 7 other boards
Persons with Significant Control
Mr Duncan Hay Richardson
British · England · Age 60
Spirit House, Saffron Way, Leicester, LE2 6UP
Notified 06/07/2016
Spirit Health Group Ltd
Spirit House, Saffron Way, Leicester, LE2 6UP
Reg: 09037763 · Companies House · Limited Company
Notified 22/11/2018
Charges2 outstanding
MEIF II - DEBT ESEM LP ACTING BY ITS GENERAL PARTNER MAVEN MEIF II ESEM DEBT GP LTD
HSBC UK BANK PLC
CompanyRankvs 107327+ SIC 70229 peers27
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the directors have a reasonable expectation that the company can meet its liabilities as they fall due, and the director has therefore concluded there is not a material uncertainty in relation to going concern and as such has deemed it appropriate for the financial statements to be prepared on the going concern basis. The financial statements have been prepared on a going concern basis The com
Key FinancialsYear ending 31/03/2025
Net Worth
-£1.5M
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£1.5M
Working capital
Current Assets
£539k
Current Liabilities
£2.0M
Fixed Assets
£419
Debtors
£538k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.26 | -£407k | £380k |
| 2024 | 0.06 | -£263k | — |
| 2023 | 0.22 | -£254k | — |
| 2022 | 0.42 | -£322k | — |
| 2021 | 0.14 | -£255k | — |
| 2020 | 1.03 | +£18k | — |
| 2019 | 0.77 | — | — |
| 2018 | 1.04 | — | — |
Derived from filed accounts. Not audited figures.