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Smallspark Space Systems Limited

11549041

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SUITE 5 2ND FLOOR BULMAN HOUSE, NEWCASTLE UPON TYNE, NE3 3LS
Incorporated 03/09/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/01/2025

Due 22/01/2026

Overdue

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Joseph James Ward

director · Since 03/09/2018

CHIEF EXECUTIVE OFFICER

BRITISH · WALES · Age 30

Also on 1 other board

Mr Andrew William Gerald Carroll

director · Since 01/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Deepbridge Ned Limited

director · Since 27/11/2023

Also on 21 other boards

Mr Craig Fennell

director · Since 27/11/2023

CHAIRMAN

BRITISH · WALES · Age 63

Persons with Significant Control

Mr Joseph James Ward

25–50% shares
25–50% votes

English · United Kingdom · Age 30

Cardiff Business Technology Centree, Senghennydd Road, Cardiff, CF24 4AY

Notified 03/09/2018

Kcp Nominees Limited

25–50% shares
25–50% votes

Hyde Park House, Manfred Road, London, SW15 2RS

Reg: 10830297 · Companies House · Private Company Limited By Shares

Notified 31/10/2024

Insolvency History1 case

creditors voluntary liquidation16/09/2025

Andrew D Haslam (practitioner) · Antonya Allison (practitioner) · Allan David Kelly (practitioner)

CompanyRankvs 48030+ SIC 72190 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity8/15 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

Insolvency history: -10 pts

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

-£230k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£150k

Working capital

Current Assets

£33k

Current Liabilities

£183k

Fixed Assets

£69k

Debtors

£23k

16avg. employees-5

Tax at Year End

Corp tax-£80k
VAT£45k

Director Loans

Directors owe company£5k

Balance Sheet

Intangible assets£20k
Assets less current liabilities-£81k
Signed by Mr Joseph Ward 9 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.18-£615k£905k
20242.45-£192k£905k
20238.68+£360k
20227.24+£431k
20210.47-£116k
20200.33-£99k
20190.21

Derived from filed accounts. Not audited figures.