sparquote limited

sparquote limited Company Information

Share SPARQUOTE LIMITED
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Company Number

01674021

Industry

Activities of religious organisations

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

cavendish house, 369 burnt oak broadway, edgware, middlesex, HA8 5AW

Website

-

sparquote limited Estimated Valuation

£699.1k

Pomanda estimates the enterprise value of SPARQUOTE LIMITED at £699.1k based on a Turnover of £1m and 0.67x industry multiple (adjusted for size and gross margin).

sparquote limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of SPARQUOTE LIMITED at £3.7m based on an EBITDA of £1.1m and a 3.31x industry multiple (adjusted for size and gross margin).

sparquote limited Estimated Valuation

£46.4m

Pomanda estimates the enterprise value of SPARQUOTE LIMITED at £46.4m based on Net Assets of £19.1m and 2.43x industry multiple (adjusted for liquidity).

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Sparquote Limited Overview

Sparquote Limited is a live company located in edgware, HA8 5AW with a Companies House number of 01674021. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in October 1982, it's largest shareholder is unknown. Sparquote Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with low growth in recent years.

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Sparquote Limited Health Check

Pomanda's financial health check has awarded Sparquote Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it larger than the average company (£292.6k)

£1m - Sparquote Limited

£292.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.2%)

0% - Sparquote Limited

5.2% - Industry AVG

production

Production

with a gross margin of 76.8%, this company has a comparable cost of product (76.8%)

76.8% - Sparquote Limited

76.8% - Industry AVG

profitability

Profitability

an operating margin of 107.8% make it more profitable than the average company (0.9%)

107.8% - Sparquote Limited

0.9% - Industry AVG

employees

Employees

with 18 employees, this is above the industry average (6)

18 - Sparquote Limited

6 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Sparquote Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.1k, this is equally as efficient (£60.7k)

£58.1k - Sparquote Limited

£60.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is later than average (6 days)

21 days - Sparquote Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (27 days)

5 days - Sparquote Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4922 days, this is more than average (9 days)

4922 days - Sparquote Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (368 weeks)

0 weeks - Sparquote Limited

368 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.3%, this is a higher level of debt than the average (5.1%)

24.3% - Sparquote Limited

5.1% - Industry AVG

SPARQUOTE LIMITED financials

EXPORTms excel logo

Sparquote Limited's latest turnover from March 2024 is £1 million and the company has net assets of £19.1 million. According to their latest financial statements, we estimate that Sparquote Limited has 18 employees and maintains cash reserves of £21.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,045,0001,009,315997,2601,043,0841,147,1952,187,993945,465720,365821,032999,541499,285498,270499,439498,990560,850
Other Income Or Grants000000000000000
Cost Of Sales242,608103,04578,915138,848407,384998,459261,957197,314474,034654,119415,789426,561168,541109,467145,476
Gross Profit802,392906,270918,345904,236739,8111,189,534683,508523,051346,998345,42283,49671,709330,898389,523415,374
Admin Expenses-323,949-169,062-63,019139,996-155,466-1,247,702-114,445-26,918377,210-198,516119,769-275,101-136,265191,36126,935
Operating Profit1,126,3411,075,332981,364764,240895,2772,437,236797,953549,969-30,212543,938-36,273346,810467,163198,162388,439
Interest Payable0000000176,231176,231095,738110,586130,122146,6490
Interest Receivable000000000000000
Pre-Tax Profit326,458340,343431,745280,304366,6981,701,189489,616284,391-240,956306,418-129,998180,884250,64639,029225,201
Tax000000000000000
Profit After Tax326,458340,343431,745280,304366,6981,701,189489,616284,391-240,956306,418-129,998180,884250,64639,029225,201
Dividends Paid000000000000000
Retained Profit326,458340,343431,745280,304366,6981,701,189489,616284,391-240,956306,418-129,998180,884250,64639,029225,201
Employee Costs000000000000000
Number Of Employees18181920213333189910910
EBITDA*1,126,3411,075,332981,364764,240895,2772,437,236797,953549,969-30,212543,938-36,273346,810467,246198,190388,476

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000083111
Intangible Assets000000000000000
Investments & Other21,828,40621,828,40621,828,40621,828,40622,034,79120,392,04119,125,10112,787,0068,970,1008,223,1006,215,1004,785,1004,920,1014,920,1004,920,100
Debtors (Due After 1 year)000000000000000
Total Fixed Assets21,828,40621,828,40621,828,40621,828,40622,034,79120,392,04119,125,10112,787,0068,970,1008,223,1006,215,1004,785,1004,920,1014,920,1834,920,211
Stock & work in progress3,271,8703,245,9333,165,8493,092,3762,949,1190000000000
Trade Debtors62,53469,30372,61874,05657,27591,2122,72320,84018,05726,8258,4645,221115,63724,155
Group Debtors000000193,431352,431477,511743,191743,191894,9001,124,900894,900894,900
Misc Debtors12,58925,54540,03151,63657,431018,9225,071180,6792,676,62449,3308,3253,2533,6212,838
Cash21,5614,85771,47974,32497,8665,021,13028,442241,9662,361,18312,242320,944484,199228,418439,269638,089
misc current assets000000000000000
total current assets3,368,5543,345,6383,349,9773,292,3923,161,6915,112,342243,518620,3083,037,4303,458,8821,121,9291,392,6451,356,5721,353,4271,559,982
total assets25,196,96025,174,04425,178,38325,120,79825,196,48225,504,38319,368,61913,407,31412,007,53011,681,9827,337,0296,177,7456,276,6736,273,6106,480,193
Bank overdraft4,679,815257,515238,972226,758217,981203,437199,222184,259174,427165,074122,000198,000246,721280,101276,000
Bank loan000000000000000
Trade Creditors 3,39211,63810,25416,57037,19949,00220,0427,3395,53629,3726,94531,888000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities101,588129,070225,681357,637515,576475,439820,602157,325149,050140,636136,899130,230122,502103,418107,163
total current liabilities4,784,795398,223474,907600,965770,756727,8781,039,866348,923329,013335,082265,844360,118369,223383,519383,163
loans1,335,2346,025,3486,293,3466,541,4486,727,6457,445,1222,698,5592,892,2773,076,5363,250,9631,289,6661,336,1091,621,8161,855,1032,101,071
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities1,335,2346,025,3486,293,3466,541,4486,727,6457,445,1222,698,5592,892,2773,076,5363,250,9631,289,6661,336,1091,621,8161,855,1032,101,071
total liabilities6,120,0296,423,5716,768,2537,142,4137,498,4018,173,0003,738,4253,241,2003,405,5493,586,0451,555,5101,696,2271,991,0392,238,6222,484,234
net assets19,076,93118,750,47318,410,13017,978,38517,698,08117,331,38315,630,19410,166,1148,601,9818,095,9375,781,5194,481,5184,285,6344,034,9883,995,959
total shareholders funds19,076,93118,750,47318,410,13017,978,38517,698,08117,331,38315,630,19410,166,1148,601,9818,095,9375,781,5194,481,5184,285,6344,034,9883,995,959
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,126,3411,075,332981,364764,240895,2772,437,236797,953549,969-30,212543,938-36,273346,810467,163198,162388,439
Depreciation000000000000832837
Amortisation000000000000000
Tax000000000000000
Stock25,93780,08473,473143,2572,949,1190000000000
Debtors-19,725-17,801-13,04310,98623,494-123,864-163,266-297,905-2,770,3932,645,655-107,461-219,708213,996-7,735921,893
Creditors-8,2461,384-6,316-20,629-11,80328,96012,7031,803-23,83622,427-24,94331,888000
Accruals and Deferred Income-27,482-96,611-131,956-157,93940,137-345,163663,2778,2758,4143,7376,6697,72819,084-3,745107,163
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,084,401917,822782,662431,429-2,049,0022,244,8971,637,199857,9522,724,759-2,075,55352,914606,134272,334202,180-426,254
Investing Activities
capital expenditure00000-76,993-1,053,890-2,534,1052,581,50300000-148
Change in Investments000-206,3851,642,7501,266,9406,338,0953,816,906747,0002,008,0001,430,000-135,001104,920,100
cash flow from investments000206,385-1,642,750-1,343,933-7,391,985-6,351,0111,834,503-2,008,000-1,430,000135,001-10-4,920,248
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-4,690,114-267,998-248,102-186,197-717,4774,746,563-193,718-184,259-174,4271,961,297-46,443-285,707-233,287-245,9682,101,071
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000004,974,4641,279,742747,0002,008,0001,429,99915,000003,770,758
interest0000000-176,231-176,2310-95,738-110,586-130,122-146,6490
cash flow from financing-4,690,114-267,998-248,102-186,197-717,4774,746,5634,780,746919,252396,3423,969,2971,287,818-381,293-363,409-392,6175,871,829
cash and cash equivalents
cash16,704-66,622-2,845-23,542-4,923,2644,992,688-213,524-2,119,2172,348,941-308,702-163,255255,781-210,851-198,820638,089
overdraft4,422,30018,54312,2148,77714,5444,21514,9639,8329,35343,074-76,000-48,721-33,3804,101276,000
change in cash-4,405,596-85,165-15,059-32,319-4,937,8084,988,473-228,487-2,129,0492,339,588-351,776-87,255304,502-177,471-202,921362,089

sparquote limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sparquote Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sparquote limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in HA8 area or any other competitors across 12 key performance metrics.

sparquote limited Ownership

SPARQUOTE LIMITED group structure

Sparquote Limited has 3 subsidiary companies.

Ultimate parent company

SPARQUOTE LIMITED

01674021

3 subsidiaries

SPARQUOTE LIMITED Shareholders

--

sparquote limited directors

Sparquote Limited currently has 2 directors. The longest serving directors include Mr Joseph Goldstein (Mar 2024) and Mr Richard Lewis (Mar 2024).

officercountryagestartendrole
Mr Joseph GoldsteinEngland74 years Mar 2024- Director
Mr Richard Lewis75 years Mar 2024- Director

P&L

March 2024

turnover

1m

+4%

operating profit

1.1m

0%

gross margin

76.8%

-14.49%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

19.1m

+0.02%

total assets

25.2m

0%

cash

21.6k

+3.44%

net assets

Total assets minus all liabilities

sparquote limited company details

company number

01674021

Type

Private Ltd By Guarantee w/o Share Cap

industry

94910 - Activities of religious organisations

incorporation date

October 1982

age

43

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

COHEN ARNOLD

address

cavendish house, 369 burnt oak broadway, edgware, middlesex, HA8 5AW

Bank

BARCLAYS BANK PLC

Legal Advisor

-

sparquote limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 13 charges/mortgages relating to sparquote limited. Currently there are 3 open charges and 10 have been satisfied in the past.

sparquote limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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sparquote limited Companies House Filings - See Documents

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