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Freespark Ltd

13727168

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

51 COLEGATE, NORWICH, NR3 1DD
Incorporated 06/11/2021

Compliance

Last accounts

30/11/2025

micro entity

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

43999
Specialised construction activities

Officers

Ms Jenny Shervington

secretary · Since 06/11/2021

Mr Ian Borrett

director · Since 06/11/2021

ENTREPRENEUR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Ian Borrett

75–100% shares
75–100% votes
Appoint directors

British · England · Age 42

51, Colegate, Norwich, NR3 1DD

Notified 06/11/2021

CompanyRankvs 43026+ SIC 43999 peers
33

Financial strength13th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.85× · 6/20
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 strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 30/11/2025

Turnover

£135k

Annual revenue

Net Worth

-£957

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£19k

Current Liabilities

£23k

Fixed Assets

£10k

Profit After Tax

£6k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£6k
Signed by 1.12.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85
20242.74+£2k
2023Infinity

Derived from filed accounts. Not audited figures.