Sparkle Works Ltd
13162109
Some Concerns
- Confirmation statement overdue (-10)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 26/01/2025
Due 09/02/2026
Industry
Officers
director · Since 27/01/2021
SECURITY GUARD
BRITISH · ENGLAND · Age 29
Also on 2 other boards
Former
director · Resigned 18/05/2023
Persons with Significant Control
Mr Zwelitsha Kundai Mushambadope
British · England · Age 29
19, Everest Way, Hemel Hempstead, HP2 4HZ
Notified 27/01/2021
Mr Khalid Moustahy
British · England · Age 35
2, Field Road, Hemel Hempstead, HP2 4RR
Notified 27/01/2021
Change History
Active
Private Limited Company
UNIT 17 ORBITAL 25 BUSINESS PARK
WATFORD
CompanyRankvs 6822+ SIC 81222 peers24
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£221k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
£11k
Current Liabilities
£67k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.16 | -£64k |
| 2024 | 0.04 | -£71k |
| 2023 | — | -£69k |
Derived from filed accounts. Not audited figures.