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Event Sparks Cable Recycling Limited

13278433

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

RIVERSIDE BUNGALOW, BRIDGWATER, TA6 5HL
Incorporated 19/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Chives Clive Anthony Farrance

director · Since 19/03/2021

ENGINEER

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Chives Clive Anthony Farrance

Significant control

British · England · Age 46

Riverside Bungalow, Plum Lane - Dunwear, Bridgwater, TA6 5HL

Notified 19/03/2021

CompanyRankvs 1537+ SIC 38320 peers
34

Financial strength17th percentile among SIC peers · 4/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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1537Event Sparks Cable Recycling Limited
34
How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 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.

Longevity5/15 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 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£9

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£30k

Current Liabilities

£106k

Fixed Assets

£21k

Debtors

£22k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£56k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.28
20230.41
20220.46

Derived from filed accounts. Not audited figures.