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Findaspare Ltd

10512635

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 9 BUTTS ROAD, SWINDON, SN4 0PP
Incorporated 06/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Chris Waite

director · Since 07/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Chris Waite

75–100% shares

British · England · Age 51

Unit 9, Butts Road, Swindon, SN4 0PP

Notified 18/01/2024

CompanyRankvs 29068+ SIC 47910 peers
52

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£161k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£591k

Current Liabilities

£568k

Fixed Assets

£6k

Debtors

£70k

7avg. employees+2

Balance Sheet

Bank loans & overdrafts£61k
Assets less current liabilities£29k
Signed by 10512635 2024-04-01 2025-03-31 10512635 2025-03-31 10512635 core:RetainedEarningsAccumulatedLosses 2025-03-31 10512635 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04+£129k
20240.59+£312k
20230.25+£90k
20220.31

Derived from filed accounts. Not audited figures.