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Sprak Ltd

14555994

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

51a The Broadway, Greenford, UB6 9PN
Incorporated 23/12/2022

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/01/2026

Due 31/01/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Kinjal Ritesh Patel

director · Since 23/12/2022

British · England · Age 41

Shamir Kumar Sumantbhai Patel

director · Since 23/12/2022

British · United Kingdom · Age 63

Persons with Significant Control

Mrs Kinjal Ritesh Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 41

51a, The Broadway, Greenford, UB6 9PN

Notified 23/12/2022

Mr Shamir Kumar Sumantbhai Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 63

51, The Broadway, Greenford, UB6 9PN

Notified 23/12/2022

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/04/2025Registered 04/04/2025

Change History

officer appointedPATEL, Kinjal Ritesh
2026-06-09
officer appointedPATEL, Shamir Kumar Sumantbhai
2026-06-09
statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line151a The Broadway
2026-06-09

51A THE BROADWAY

post townGreenford
2026-06-09

GREENFORD

CompanyRankvs 3043+ SIC 47730 peers
35

Financial strength72th percentile among SIC peers · 18/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 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.

Longevity3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£189k

Balance sheet strength

Cash

£701k

Cash in the bank

Net Current Assets

-£274k

Working capital

Current Assets

£936k

Current Liabilities

£1.2M

Fixed Assets

£467k

Debtors

£155k

14avg. employees-1

Balance Sheet

Intangible assets£448k
Assets less current liabilities£193k
Signed by Mrs Kinjal Patel Mr Shamir Patel 22 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£133k
20240.53

Derived from filed accounts. Not audited figures.