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Spag Construction Ltd

11892056

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DAMER HOUSE, WICKFORD, SS12 9HA
Incorporated 19/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
70229
Management consultancy activities

Officers

Mr Stuart James Powell

director · Since 19/03/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Stuart James Powell

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 46

Damer House, Meadow Way, Wickford, SS12 9HA

Notified 12/01/2024

Former PSCs

Mr Stuart James Powell

Ceased 03/04/2019

Mrs Lesley Joyce Powell

Ceased 12/01/2024

Charges0 outstanding

Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 12/08/2019Registered 14/08/2019Satisfied 02/12/2022
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 02/08/2019Registered 05/08/2019Satisfied 19/12/2023

CompanyRankvs 33794+ SIC 68100 peers
59

Financial strength90th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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33794Spag Construction Ltd
59
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

Longevity7/15 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 31/03/2026

Net Worth

£267k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£599k

Working capital

Current Assets

£13k

Current Liabilities

£612k

Fixed Assets

£867k

Debtors

£2k

2avg. employees+2

Balance Sheet

Assets less current liabilities£267k
Signed by Mr Stuart Powell 30 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.02+£61k
20250.13+£156k
20240.09+£74k
20230.11+£21k
20220.08-£7k
20210.01-£834
20200.11—

Derived from filed accounts. Not audited figures.