Spartan Mf Limited
09436089
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/08/2021
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 32 other boards
director · Since 25/01/2022
CHAIRMAN
BRITISH · ENGLAND · Age 64
Also on 47 other boards
Persons with Significant Control
Maccess Group Limited
Bevis Green Works, Mill Road, Bury, BL9 6RE
Notified 06/04/2016
Charges6 outstanding
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CompanyRankvs 58560+ SIC 45320 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
owed within 12 months from the signing date. Having considered the above, the Directors remain confident in the on-going prospects of the business and its ability to continue to operate as a going concern. It is on that basis the Directors believe the business continues to operate as a going concern. Future developments The Company plans to continue to expand its portfolio of stores by ide
Key FinancialsYear ending 31/03/2025
Turnover
£30.5M
Annual revenue
Net Worth
-£4.9M
Balance sheet strength
Cash
£599k
Cash in the bank
Profit Before Tax
-£2.0M
Bottom line earnings
Net Current Assets
-£5.5M
Working capital
Current Assets
£19.4M
Current Liabilities
£24.9M
Fixed Assets
£1.2M
Debtors
£3.9M
Cost of Sales
£18.3M
Gross Profit
£12.2M
Admin Expenses
£13.9M
Operating Profit
-£1.7M
Profit After Tax
-£2.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | -£2.0M |
| 2024 | 0.84 | -£2.1M |
| 2023 | 0.96 | — |
Derived from filed accounts. Not audited figures.