Spark Ev Technology Limited
10534288
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 11/12/2025
Due 25/12/2026
Industry
Officers
Former
director · Resigned 30/06/2025
director · Resigned 31/07/2025
Persons with Significant Control
Mr Justin Ott
British · United Kingdom · Age 40
Future Business Centre, Kings Hedges Road, Cambridge, CB4 2HY
Notified 21/12/2016
Charges1 outstanding
IAN THOMAS
UNIVERSITY OF EAST ANGLIA, AS OPERATOR OF THE LOW CARBON INNOVATION FUND
Change History
Active
Private Limited Company
FUTURE BUSINESS CENTRE
CAMBRIDGE
CompanyRankvs 37785+ SIC 62090 peers21
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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
to make a further loss for the 12 months ended 31 December 2023. Since the year end the company has continued to engage with a number of commercial partners. The company's ability to continue as a going concern is dependent upon meeting forecast cost control and revenue targets driven by contracts with commercial partners. The Directors have a reasonable expectation that the company has adequate r
Key FinancialsYear ending 31/12/2022
Net Worth
-£244k
Balance sheet strength
Cash
£108k
Cash in the bank
Net Current Assets
-£244k
Working capital
Current Assets
£209k
Current Liabilities
£453k
Fixed Assets
£473
Debtors
£101k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.46 | -£238k |
| 2021 | 0.98 | -£209k |
| 2020 | 1.92 | +£134k |
| 2019 | 1.95 | -£58k |
| 2018 | 2.40 | — |
Derived from filed accounts. Not audited figures.