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Prospare Limited

09278333

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 1 CASTLEWOOD BUSINESS PARK, SUTTON-IN-ASHFIELD, NG17 1BX
Incorporated 23/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
46690
Wholesale of other machinery and equipment

Officers

David Paul Bullock

secretary · Since 23/10/2014

Mrs Alison Hilary Barry

director · Since 23/10/2014

MARKETING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr David Paul Bullock

director · Since 23/10/2014

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr James Andrew Bullock

director · Since 23/10/2014

CHIEF EXECUTIVE OFFICER (CEO)

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mr Steven James Wing

director · Since 01/07/2020

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Thomas James Bullock

director · Since 20/06/2022

DIRECTOR

ENGLISH · ENGLAND · Age 31

Also on 2 other boards

Persons with Significant Control

Mr David Paul Bullock

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Unit 1, Castlewood Business Park, Sutton-In-Ashfield, NG17 1BX

Notified 31/10/2022

Mr James Andrew Bullock

25–50% shares
25–50% votes

British · England · Age 61

Unit 1, Castlewood Business Park, Sutton-In-Ashfield, NG17 1BX

Notified 31/10/2022

Mrs Alison Hilary Barry

25–50% shares
25–50% votes

British · England · Age 53

Unit 1, Castlewood Business Park, Sutton-In-Ashfield, NG17 1BX

Notified 27/03/2024

Former PSCs

Conspare Ltd

Ceased 31/10/2022

Mr James Robert Bullock

Ceased 27/03/2024

CompanyRankvs 235+ SIC 46140 peers
84

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.54× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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235Prospare Limited
83
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£561k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£297k

Fixed Assets

£151k

Debtors

£789k

16avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.54+£129k
20234.90—

Derived from filed accounts. Not audited figures.