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Mi Spark Electrical Services Ltd.

13573974

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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 19/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Nicholas Andrew Young

director · Since 19/08/2021

ELECTRICIAN

ENGLISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Nicholas Andrew Young

75–100% shares

English · United Kingdom · Age 41

20-22, Wenlock Road, London, N1 7GU

Notified 19/08/2021

CompanyRankvs 22811+ SIC 43210 peers
51

Financial strength33th percentile among SIC peers · 8/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/08/2024

Net Worth

£367

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£175k

Current Liabilities

£174k

3avg. employees+1
Signed by 13573974 2023-09-01 2024-08-31 13573974 2024-08-31 13573974 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00
20231.18+£15k
20221.09

Derived from filed accounts. Not audited figures.