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Project Spark Midco Limited

13746222

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THE MET BUILDING, LONDON, W1T 2BU
Incorporated 16/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Sir Simon James Fraser

director · Since 21/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Mr Edward Charles Richards

director · Since 21/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Ms Susan Murphy

director · Since 01/01/2023

COO

BRITISH · ENGLAND · Age 44

Also on 6 other boards

James Mark Dakin Purnell

director · Since 28/11/2024

CEO

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Persons with Significant Control

Project Spark Topco Limited

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

Princes House, 38 Jermyn Street, London, SW1Y 6DN

Reg: 13746076 · United Kingdom · Limited Company

Notified 16/11/2021

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES

Created 14/12/2022Registered 14/12/2022Satisfied 10/02/2026
Charge
satisfied

GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS SECURITY AGENT

Created 20/12/2021Registered 23/12/2021Satisfied 10/02/2026

CompanyRankvs 30689+ SIC 64209 peers
34

Financial strength82th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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30689Project Spark Midco Limited
43
How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2023

Net Worth

£587k

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£590k

Bottom line earnings

Net Current Assets

£51.0M

Working capital

Current Assets

—

Current Liabilities

£13.6M

Debtors

£64.6M

Admin Expenses

£2k

Profit After Tax

£590k

0avg. employees

Balance Sheet

Assets less current liabilities£51.0M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2023+£590k

Derived from filed accounts. Not audited figures.