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Sparkplus Services Ltd

08909657

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

23 COAST ROAD, NEWCASTLE UPON TYNE, NE7 7RN
Incorporated 25/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81100
Combined facilities support activities
96090
Other personal service activities

Officers

Mr Babajide Jacob Kolajo

director · Since 07/05/2024

DIRECTOR

NIGERIAN · UNITED KINGDOM · Age 39

Mr Christie Oreoluwa Olanrewaju

director · Since 15/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 18

Also on 1 other board

Mrs Janet Adeola Lanre-Fatunmise

secretary · Since 21/05/2026

Persons with Significant Control

Mr Babajide Jacob Kolajo

50–75% shares

Nigerian · England · Age 39

23, Coast Road, Newcastle Upon Tyne, NE7 7RN

Notified 24/11/2023

Former PSCs

Mrs Janet Lanre-Fatunmise

Ceased 24/11/2023

CompanyRankvs 314+ SIC 81100 peers
81

Financial strength88th percentile among SIC peers · 22/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.14× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/01/2025

Net Worth

£86k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£119k

Current Liabilities

£23k

Fixed Assets

£4k

3avg. employees-2

Balance Sheet

Assets less current liabilities£100k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20255.14-£1k
20246.02-£269
20236.02-£16k
202240.16+£5k
20213.40+£96k
20200.46+£1k
20190.31

Derived from filed accounts. Not audited figures.