Back to search

Sparta Foods Limited

09933049

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1ST FLOOR, KFC EARLS PARK ARLINGTON WAY, SHREWSBURY, SY1 4AB
Incorporated 31/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Russel Dewar Smith

director · Since 31/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Akram Khan

secretary · Since 25/09/2018

Also on 16 other boards

Mr Akram Khan

director · Since 25/09/2018

DIRECTOR

BRITISH · PORTUGAL · Age 57

Also on 16 other boards

Mr Parvaiz Khan

director · Since 25/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mr Saeed Muhammad

director · Since 25/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 8 other boards

Mr Sean Williams

director · Since 30/04/2024

SHAREHOLDER

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Russel Dewar Smith

Ceased 25/09/2018

Mr Akram Khan

Ceased 05/04/2022

Mr Thamboo Subashkaran

Ceased 20/06/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 12/02/2024Registered 15/02/2024
Charge
outstanding

HSBC UK BANK PLC

Created 01/02/2023Registered 06/02/2023

CompanyRankvs 13741+ SIC 56102 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity10/15 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 25/12/2024

Net Worth

-£2.3M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£3.5M

Working capital

Current Assets

£275k

Current Liabilities

£3.8M

Fixed Assets

£1.7M

Debtors

£245k

89avg. employees-15

Balance Sheet

Intangible assets£76k
Assets less current liabilities-£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£1.3M
20230.37-£380k
20220.39-£589k
20210.47+£11k
20201.86
20192.77
20180.30

Derived from filed accounts. Not audited figures.