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Mi Spark Electrical Services Ltd.

13573974

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

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

Details

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

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

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

Insolvency History1 case

creditors voluntary liquidation11/05/2026

Gareth Self (practitioner)

CompanyRankvs 21669+ SIC 43210 peers
41

Financial strength32th 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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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 Ratio
20241.00
20231.18

Derived from filed accounts. Not audited figures.