Sphere Innovations Limited
11996985
Some Concerns
- No accounts filed in last 18 months (-5)
- 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: 18/03/2026
Due 01/04/2027
Industry
Officers
director · Since 15/05/2019
DIRECTOR
GERMAN · UNITED KINGDOM · Age 53
Also on 2 other boards
director · Since 17/11/2019
COMPANY DIRECTOR
AMERICAN · UNITED STATES · Age 48
secretary · Since 15/05/2019
Persons with Significant Control
Mr Amnon Katschinski
German · United Kingdom · Age 53
46, Cotswold Gardens, London, E6 3JA
Notified 15/05/2019
Heather Balfour Ortega
American · United States · Age 48
86-90, Paul Street, London, EC2A 4NE
Notified 01/02/2022
Former PSCs
Mrs Heather Balfour Ortega
Ceased 01/02/2022
Balfour Investments Sl
Ceased 01/02/2022
Charges1 outstanding
AVCAP LUXEMBOURG ASSET HOLDING I S.A R.L. ACTING IN RESPECT OF ITS COMPARTMENT RE:CAP I
Change History
Active
Private Limited Company
86-90 PAUL STREET
LONDON
CompanyRankvs 2683+ SIC 62012 peers61
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have assessed the company’s ability to continue as a going concern, monitoring sales performance and cash flow relative to forecasted targets and budgeted expend
Key FinancialsYear ending 31/12/2024
Net Worth
£831k
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
£787k
Working capital
Current Assets
£1.3M
Current Liabilities
£476k
Fixed Assets
£43k
Debtors
£176k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.65 | +£585k |
| 2023 | 1.67 | -£963k |
| 2022 | 59.67 | +£942k |
| 2021 | 13.86 | +£62k |
| 2021 | 10.96 | — |
Derived from filed accounts. Not audited figures.