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Sp-Az-Iii Ltd

09048905

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

125 Kingsway, London, WC2B 6NH
Incorporated 20/05/2014

Previously known as

Bubbleology Uk - Ii Limited · until 16/12/2025

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Assad Khan

director · Since 20/05/2014

British · England · Age 46

Persons with Significant Control

Impulse Brands Group Ltd

75–100% shares
75–100% votes

125, Kingsway, London, WC2B 6NH

Reg: 07255800 · Companies House · Limited

Notified 20/05/2017

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/05/2020Registered 26/05/2020

Change History

officer appointedKHAN, Assad
2026-06-06
statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line1125 Kingsway
2026-06-06

125 KINGSWAY

post townLondon
2026-06-06

LONDON

CompanyRankvs 13707+ SIC 56102 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£139k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£385k

Working capital

Current Assets

£184k

Current Liabilities

£569k

Fixed Assets

£246k

Debtors

£166k

9avg. employees-9

Balance Sheet

Assets less current liabilities-£139k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£111k
20230.40-£41k
20220.90+£59k
20210.68+£104k
20200.50+£42k
20190.25+£47k
20180.20

Derived from filed accounts. Not audited figures.