Spongewell Limited
09837836
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 21/10/2025
Due 04/11/2026
Industry
Officers
Persons with Significant Control
Mr Jeffrey Roy Moore
British · England · Age 58
20 Havelock Road, Hastings, TN34 1BP
Notified 06/04/2016
Change History
Active
Private Limited Company
20 HAVELOCK ROAD
HASTINGS
CompanyRankvs 24203+ SIC 70229 peers63
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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
fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent tha
Key FinancialsYear ending 31/03/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£230k
Working capital
Current Assets
£256k
Current Liabilities
£26k
Debtors
£253k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.82 | +£240k |
| 2024 | 37.31 | +£595k |
| 2022 | 621.56 | +£115k |
| 2021 | 275.80 | +£135k |
| 2020 | 451.34 | +£193k |
| 2019 | 611.87 | — |
Derived from filed accounts. Not audited figures.