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Sparkfly Ltd

15055913

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10-16 MOTTRAM STREET, STOCKPORT, SK1 3PA
Incorporated 07/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18129
Printing (other than printing of newspapers and printing of labels)
63990
Other information service activities
74100
Specialised design activities
74909
Other professional, scientific and technical activities

Officers

Mr Saif Ali

director · Since 10/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 4 other boards

Persons with Significant Control

Mr Saif Ali

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

British · England · Age 30

10-16, Mottram Street, Stockport, SK1 3PA

Notified 10/02/2024

Former PSCs

Mr. Umer Shehbaz

Ceased 10/02/2024

CompanyRankvs 6514+ SIC 18129 peers
33

Financial strength20th percentile among SIC peers · 5/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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6514Sparkfly Ltd
28
How is this score calculated?
Financial strength5/25 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.

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.

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

-£383

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£383

Working capital

Current Assets

£2k

Current Liabilities

£2k

1avg. employees

Balance Sheet

Assets less current liabilities-£383
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.81

Derived from filed accounts. Not audited figures.