vital spark limited
vital spark limited Company Information
Company Number
03175715
Website
www.vitalsparkltd.comRegistered Address
suite 3, exhibition house, addison bridge place, london, W14 8XP
Industry
Other personal service activities n.e.c.
Telephone
01275376375
Next Accounts Due
January 2025
Group Structure
View All
Directors
Keith Morris28 Years
Shareholders
keith imray morris 100%
vital spark limited Estimated Valuation
Pomanda estimates the enterprise value of VITAL SPARK LIMITED at £64.7k based on a Turnover of £132.3k and 0.49x industry multiple (adjusted for size and gross margin).
vital spark limited Estimated Valuation
Pomanda estimates the enterprise value of VITAL SPARK LIMITED at £0 based on an EBITDA of £-149.1k and a 3.19x industry multiple (adjusted for size and gross margin).
vital spark limited Estimated Valuation
Pomanda estimates the enterprise value of VITAL SPARK LIMITED at £537.3k based on Net Assets of £264.2k and 2.03x industry multiple (adjusted for liquidity).
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Vital Spark Limited Overview
Vital Spark Limited is a live company located in london, W14 8XP with a Companies House number of 03175715. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 1996, it's largest shareholder is keith imray morris with a 100% stake. Vital Spark Limited is a mature, micro sized company, Pomanda has estimated its turnover at £132.3k with declining growth in recent years.
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Vital Spark Limited Health Check
Pomanda's financial health check has awarded Vital Spark Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £132.3k, make it smaller than the average company (£855.3k)
- Vital Spark Limited
£855.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (5.5%)
- Vital Spark Limited
5.5% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (41.2%)
- Vital Spark Limited
41.2% - Industry AVG
Profitability
an operating margin of -117.8% make it less profitable than the average company (6.3%)
- Vital Spark Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Vital Spark Limited
14 - Industry AVG
Pay Structure
on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)
- Vital Spark Limited
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £132.3k, this is more efficient (£83k)
- Vital Spark Limited
£83k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (30 days)
- Vital Spark Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 242 days, this is slower than average (40 days)
- Vital Spark Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vital Spark Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 225 weeks, this is more cash available to meet short term requirements (48 weeks)
225 weeks - Vital Spark Limited
48 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (44%)
21% - Vital Spark Limited
44% - Industry AVG
VITAL SPARK LIMITED financials
Vital Spark Limited's latest turnover from April 2023 is estimated at £132.3 thousand and the company has net assets of £264.2 thousand. According to their latest financial statements, we estimate that Vital Spark Limited has 1 employee and maintains cash reserves of £304.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 224,518 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,453 | 19,304 | 6,663 | 1,481 | 1,847 | 1,189 | 842 | 1,266 | 637 | 3,578 | 6,518 | 7,084 | 4,192 | 9,133 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,453 | 19,304 | 6,663 | 1,481 | 1,847 | 1,189 | 842 | 1,266 | 637 | 3,578 | 6,518 | 7,084 | 4,192 | 9,133 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,805 | 157,064 | 270,550 | 359,181 | 348,769 | 367,488 | 363,734 | 6,220 | 13,511 | 48,720 | 5,416 | 7,239 | 13,435 | 6,561 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 304,122 | 275,564 | 0 | 0 | 0 | 0 | 0 | 242,488 | 193,006 | 122,036 | 96,906 | 66,394 | 33,958 | 38,714 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 321,927 | 432,628 | 270,550 | 359,181 | 348,769 | 367,488 | 363,734 | 248,708 | 206,517 | 170,756 | 102,322 | 73,633 | 47,393 | 45,275 |
| total assets | 334,380 | 451,932 | 277,213 | 360,662 | 350,616 | 368,677 | 364,576 | 249,974 | 207,154 | 174,334 | 108,840 | 80,717 | 51,585 | 54,408 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 70,223 | 44,155 | 44,825 | 77,771 | 137,776 | 82,662 | 137,492 | 117,727 | 106,914 | 114,592 | 85,721 | 70,434 | 43,998 | 48,073 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 70,223 | 44,155 | 44,825 | 77,771 | 137,776 | 82,662 | 137,492 | 117,727 | 106,914 | 114,592 | 85,721 | 70,434 | 43,998 | 48,073 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 70,223 | 44,155 | 44,825 | 77,771 | 137,776 | 82,662 | 137,492 | 117,727 | 106,914 | 114,592 | 85,721 | 70,434 | 43,998 | 48,073 |
| net assets | 264,157 | 407,777 | 232,388 | 282,891 | 212,840 | 286,015 | 227,084 | 132,247 | 100,240 | 59,742 | 23,119 | 10,283 | 7,587 | 6,335 |
| total shareholders funds | 264,157 | 407,777 | 232,388 | 282,891 | 212,840 | 286,015 | 227,084 | 132,247 | 100,240 | 59,742 | 23,119 | 10,283 | 7,587 | 6,335 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 6,851 | 1,050 | 2,941 | 2,940 | 3,966 | 3,308 | 6,455 | 6,173 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -139,259 | -113,486 | -88,631 | 10,412 | -18,719 | 3,754 | 357,514 | -7,291 | -35,209 | 43,304 | -1,823 | -6,196 | 6,874 | 6,561 |
| Creditors | 26,068 | -670 | -32,946 | -60,005 | 55,114 | -54,830 | 19,765 | 10,813 | -7,678 | 28,871 | 15,287 | 26,436 | -4,075 | 48,073 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 28,558 | 275,564 | 0 | 0 | 0 | 0 | -242,488 | 49,482 | 70,970 | 25,130 | 30,512 | 32,436 | -4,756 | 38,714 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 28,558 | 275,564 | 0 | 0 | 0 | 0 | -242,488 | 49,482 | 70,970 | 25,130 | 30,512 | 32,436 | -4,756 | 38,714 |
vital spark limited Credit Report and Business Information
Vital Spark Limited Competitor Analysis
Perform a competitor analysis for vital spark limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in W14 area or any other competitors across 12 key performance metrics.
vital spark limited Ownership
VITAL SPARK LIMITED group structure
Vital Spark Limited has no subsidiary companies.
Ultimate parent company
VITAL SPARK LIMITED
03175715
vital spark limited directors
Vital Spark Limited currently has 1 director, Mr Keith Morris serving since Mar 1996.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Morris | 67 years | Mar 1996 | - | Director |
P&L
April 2023turnover
132.3k
-76%
operating profit
-155.9k
0%
gross margin
20.2%
+4.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
264.2k
-0.35%
total assets
334.4k
-0.26%
cash
304.1k
+0.1%
net assets
Total assets minus all liabilities
vital spark limited company details
company number
03175715
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 1996
age
28
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
suite 3, exhibition house, addison bridge place, london, W14 8XP
Bank
-
Legal Advisor
-
vital spark 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 did not find charges/mortgages relating to vital spark limited.
vital spark limited Companies House Filings - See Documents
| date | description | view/download |
|---|
