Sparta Promotions Ltd
08214183
Some Concerns
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
29/02/2024
group
Next accounts due
27/02/2026
Confirmation statement
Last: 19/01/2026
Due 02/02/2027
Industry
Officers
director · Since 13/09/2012
COMPANY DIRECTOR
BRITISH · UNITED ARAB EMIRATES · Age 36
Also on 3 other boards
Former
secretary · Resigned 25/09/2012
secretary · Resigned 07/01/2018
Persons with Significant Control
Mr Anthony Oluwafemi Olaseni Joshua
British · United Arab Emirates · Age 36
10, Queen Street Place, London, EC4R 1AG
Notified 13/09/2016
Change History
Active
Private Limited Company
10 QUEEN STREET PLACE
LONDON
CompanyRankvs 5073+ SIC 93199 peers53
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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
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 director with respect to going concern
Key FinancialsYear ending 28/02/2023
Net Worth
£86
Balance sheet strength
Cash
£72.4M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£96.3M
Current Liabilities
£158k
Fixed Assets
£62k
Debtors
£23.9M
Cost of Sales
£5.2M
Admin Expenses
£1.9M
Profit After Tax
£29.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 611.36 | — |
| 2022 | 32.77 | +£8.5M |
| 2021 | 45.74 | +£6.6M |
| 2020 | 6.13 | +£54.4M |
| 2019 | 18.72 | — |
Derived from filed accounts. Not audited figures.