Project Spark Bidco Limited
13746867
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/12/2021
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 4 other boards
director · Since 21/12/2021
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 7 other boards
director · Since 28/11/2024
CEO
BRITISH · ENGLAND · Age 56
Also on 7 other boards
Persons with Significant Control
Project Spark Midco Limited
The Met Building, 22 Percy Street, London, W1T 2BU
Reg: 13746222 · United Kingdom · Limited Company
Notified 16/11/2021
Charges1 outstanding
ALTER DOMUS TRUSTEES (UK) LIMITED AS TRUSTEE FOR EACH OF THE SECURED CREDITORS
NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES
GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS SECURITY AGENT
GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS SECURITY AGENT
CompanyRankvs 17648+ SIC 64209 peers35
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -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
£3.6M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£7.4M
Bottom line earnings
Net Current Assets
-£55.0M
Working capital
Current Assets
—
Current Liabilities
£64.4M
Debtors
£9.4M
Admin Expenses
£820k
Profit After Tax
£7.4M
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2023 | +£7.4M |
Derived from filed accounts. Not audited figures.