spark44 (jv) limited
spark44 (jv) limited Company Information
Company Number
07535151
Next Accounts
393 days late
Industry
Management consultancy activities (other than financial management)
Shareholders
accenture (uk) limited
Group Structure
View All
Contact
Registered Address
c/o quantuma advisory limited, 7th floor, london, EC4A 3AG
Website
http://jaguarlandrover.comspark44 (jv) limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK44 (JV) LIMITED at £40.8m based on a Turnover of £37m and 1.1x industry multiple (adjusted for size and gross margin).
spark44 (jv) limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK44 (JV) LIMITED at £0 based on an EBITDA of £-6.6m and a 8.45x industry multiple (adjusted for size and gross margin).
spark44 (jv) limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK44 (JV) LIMITED at £32.2m based on Net Assets of £12m and 2.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spark44 (jv) Limited Overview
Spark44 (jv) Limited is a live company located in london, EC4A 3AG with a Companies House number of 07535151. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 2011, it's largest shareholder is accenture (uk) limited with a 100% stake. Spark44 (jv) Limited is a established, large sized company, Pomanda has estimated its turnover at £37m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spark44 (jv) Limited Health Check
Pomanda's financial health check has awarded Spark44 (Jv) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £37m, make it larger than the average company (£366.7k)
£37m - Spark44 (jv) Limited
£366.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (3.2%)
-38% - Spark44 (jv) Limited
3.2% - Industry AVG
Production
with a gross margin of 64.5%, this company has a comparable cost of product (59.3%)
64.5% - Spark44 (jv) Limited
59.3% - Industry AVG
Profitability
an operating margin of -19.7% make it less profitable than the average company (8.9%)
-19.7% - Spark44 (jv) Limited
8.9% - Industry AVG
Employees
with 311 employees, this is above the industry average (4)
311 - Spark44 (jv) Limited
4 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has a higher pay structure (£44.7k)
£54.5k - Spark44 (jv) Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £119.1k, this is equally as efficient (£108.4k)
£119.1k - Spark44 (jv) Limited
£108.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (72 days)
2 days - Spark44 (jv) Limited
72 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (32 days)
3 days - Spark44 (jv) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spark44 (jv) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 439 weeks, this is more cash available to meet short term requirements (33 weeks)
439 weeks - Spark44 (jv) Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (55.9%)
8.5% - Spark44 (jv) Limited
55.9% - Industry AVG
SPARK44 (JV) LIMITED financials
Spark44 (Jv) Limited's latest turnover from March 2022 is £37 million and the company has net assets of £12 million. According to their latest financial statements, Spark44 (Jv) Limited has 311 employees and maintains cash reserves of £9.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 37,029,561 | 89,093,306 | 119,706,606 | 156,654,365 | 150,507,001 | 141,693,061 | 77,189,394 | 41,619,096 | 38,991,897 | 25,369,718 | 16,613,367 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,136,250 | 22,990,872 | 43,917,549 | 58,464,820 | 56,810,576 | 56,497,765 | 26,186,124 | 18,360,612 | 21,842,364 | 13,632,913 | 8,908,161 |
| Gross Profit | 23,893,311 | 66,102,434 | 75,789,057 | 98,189,545 | 93,696,425 | 85,195,296 | 51,003,270 | 23,258,484 | 17,149,533 | 11,736,805 | 7,705,206 |
| Admin Expenses | 31,186,920 | 63,932,247 | 72,192,139 | 87,670,886 | 82,877,178 | 76,024,756 | 44,446,375 | 20,760,472 | 14,783,275 | 9,723,391 | 6,830,742 |
| Operating Profit | -7,293,609 | 2,170,187 | 3,596,918 | 10,518,659 | 10,819,247 | 9,170,540 | 6,556,895 | 2,498,012 | 2,366,258 | 2,013,414 | 874,464 |
| Interest Payable | 6,123 | 2,921 | 26,163 | 17,440 | 18,319 | 10,249 | 938 | 0 | 0 | 0 | 215 |
| Interest Receivable | 28,967 | 39,085 | 37,047 | 32,926 | 15,876 | 16,215 | 2,406 | 1,037 | 255 | 2,745 | 119 |
| Pre-Tax Profit | -7,270,765 | 2,206,351 | 3,607,802 | 10,534,145 | 10,816,804 | 9,176,506 | 6,558,363 | 2,499,049 | 2,366,513 | 1,902,732 | 874,368 |
| Tax | -446,722 | -174,648 | -1,051,324 | -2,572,871 | -3,016,933 | -2,579,762 | -1,915,080 | -702,628 | -822,463 | -614,181 | -355,192 |
| Profit After Tax | -7,717,487 | 2,031,703 | 2,556,478 | 7,961,274 | 7,799,871 | 6,596,744 | 4,643,283 | 1,796,421 | 1,544,050 | 1,288,551 | 519,176 |
| Dividends Paid | 0 | 1,211,480 | 1,481,400 | 3,451,753 | 3,374,343 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,717,487 | 820,223 | 1,075,078 | 4,509,521 | 4,425,528 | 6,596,744 | 4,643,283 | 1,796,421 | 1,544,050 | 1,288,551 | 519,176 |
| Employee Costs | 16,960,719 | 45,297,380 | 48,829,505 | 59,203,519 | 54,834,061 | 49,334,338 | 30,746,378 | 14,838,082 | 10,338,115 | 6,743,421 | 4,466,584 |
| Number Of Employees | 311 | 829 | 929 | 1,088 | 985 | 855 | 549 | 247 | 183 | 79 | 50 |
| EBITDA* | -6,573,689 | 3,526,977 | 5,465,338 | 13,227,362 | 13,751,926 | 12,198,702 | 8,054,812 | 3,203,668 | 2,922,916 | 2,338,372 | 1,048,362 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 2,012,377 | 3,082,789 | 4,326,082 | 5,739,856 | 4,775,459 | 4,685,768 | 1,990,805 | 820,253 | 681,727 | 827,593 |
| Intangible Assets | 0 | 14,953 | 47,132 | 165,243 | 742,234 | 1,251,546 | 1,037,738 | 190,601 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 2,027,330 | 3,129,921 | 4,491,325 | 6,482,090 | 6,027,005 | 5,723,506 | 2,181,406 | 820,253 | 681,727 | 827,593 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 247,451 | 1,144,537 | 1,755,884 | 821,743 | 288,217 | 14,696,933 | 9,547,742 | 3,997,269 | 2,979,988 | 1,998,409 | 2,362,809 |
| Group Debtors | 77,462 | 13,744,817 | 10,173,302 | 17,756,436 | 16,717,041 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,364,926 | 7,210,251 | 5,848,124 | 5,907,412 | 7,321,023 | 10,440,346 | 4,264,026 | 1,673,590 | 1,223,544 | 398,315 | 434,369 |
| Cash | 9,452,315 | 12,998,427 | 18,099,526 | 14,838,975 | 14,607,766 | 11,710,050 | 9,997,001 | 4,971,040 | 5,690,086 | 1,694,525 | 1,531,344 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,142,154 | 35,098,032 | 35,876,836 | 39,324,566 | 38,934,047 | 36,847,329 | 23,808,769 | 10,641,899 | 9,893,618 | 4,091,249 | 4,328,522 |
| total assets | 13,142,154 | 37,125,362 | 39,006,757 | 43,815,891 | 45,416,137 | 42,874,334 | 29,532,275 | 12,823,305 | 10,713,871 | 4,772,976 | 5,156,115 |
| Bank overdraft | 0 | 0 | 0 | 2,763 | 91,747 | 142,749 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 134,095 | 3,069,755 | 4,668,538 | 4,035,651 | 7,687,374 | 9,833,099 | 4,070,655 | 1,676,599 | 1,426,851 | 537,838 | 1,466,296 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 984,910 | 14,697,549 | 15,105,074 | 20,667,265 | 20,402,205 | 14,934,178 | 14,896,249 | 5,237,451 | 5,260,259 | 1,566,493 | 2,355,633 |
| total current liabilities | 1,119,005 | 17,767,304 | 19,773,612 | 24,705,679 | 28,181,326 | 24,910,026 | 18,966,904 | 6,914,050 | 6,687,110 | 2,104,331 | 3,821,929 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,187,502 | 2,374,980 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 16,404 | 39,683 | 133,634 | 85,481 | 52,903 | 71,555 |
| total long term liabilities | 0 | 0 | 0 | 1,187,502 | 2,374,980 | 16,404 | 39,683 | 133,634 | 85,481 | 52,903 | 71,555 |
| total liabilities | 1,119,005 | 17,767,304 | 19,773,612 | 25,893,181 | 30,556,306 | 24,926,430 | 19,006,587 | 7,047,684 | 6,772,591 | 2,157,234 | 3,893,484 |
| net assets | 12,023,149 | 19,358,058 | 19,233,145 | 17,922,710 | 14,859,831 | 17,947,904 | 10,525,688 | 5,775,621 | 3,941,280 | 2,615,742 | 1,262,631 |
| total shareholders funds | 12,023,149 | 19,358,058 | 19,233,145 | 17,922,710 | 14,859,831 | 17,947,904 | 10,525,688 | 5,775,621 | 3,941,280 | 2,615,742 | 1,262,631 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -7,293,609 | 2,170,187 | 3,596,918 | 10,518,659 | 10,819,247 | 9,170,540 | 6,556,895 | 2,498,012 | 2,366,258 | 2,013,414 | 874,464 |
| Depreciation | 705,673 | 1,327,032 | 1,733,047 | 2,096,204 | 2,334,258 | 2,504,294 | 1,416,799 | 705,656 | 556,658 | 324,958 | 173,898 |
| Amortisation | 14,247 | 29,758 | 135,373 | 612,499 | 598,421 | 523,868 | 81,118 | 0 | 0 | 0 | 0 |
| Tax | -446,722 | -174,648 | -1,051,324 | -2,572,871 | -3,016,933 | -2,579,762 | -1,915,080 | -702,628 | -822,463 | -614,181 | -355,192 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -18,409,766 | 4,322,295 | -6,708,281 | 159,310 | -810,998 | 11,325,511 | 8,140,909 | 1,467,327 | 1,806,808 | -400,454 | 2,797,178 |
| Creditors | -2,935,660 | -1,598,783 | 632,887 | -3,651,723 | -2,145,725 | 5,762,444 | 2,394,056 | 249,748 | 889,013 | -928,458 | 1,466,296 |
| Accruals and Deferred Income | -13,712,639 | -407,525 | -5,562,191 | 265,060 | 5,468,027 | 37,929 | 9,658,798 | -22,808 | 3,693,766 | -789,140 | 2,355,633 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -16,404 | -23,279 | -93,951 | 48,153 | 32,578 | -18,652 | 71,555 |
| Cash flow from operations | -5,258,944 | -2,976,274 | 6,192,991 | 7,108,518 | 14,851,889 | 4,070,523 | 9,957,726 | 1,308,806 | 4,909,002 | 388,395 | 1,789,476 |
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | -847,272 | -3,359,129 | -3,303,195 | -5,060,793 | -2,485,726 | -715,302 | -280,773 | -1,001,491 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -847,272 | -3,359,129 | -3,303,195 | -5,060,793 | -2,485,726 | -715,302 | -280,773 | -1,001,491 |
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,187,502 | -1,187,478 | 2,374,980 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 22,844 | 36,164 | 10,884 | 15,486 | -2,443 | 5,966 | 1,468 | 1,037 | 255 | 2,745 | -96 |
| cash flow from financing | 405,422 | -659,146 | -941,261 | -2,618,634 | -5,141,064 | 831,438 | 108,252 | 38,957 | -218,257 | 67,305 | 743,359 |
| cash and cash equivalents | |||||||||||
| cash | -3,546,112 | -5,101,099 | 3,260,551 | 231,209 | 2,897,716 | 1,713,049 | 5,025,961 | -719,046 | 3,995,561 | 163,181 | 1,531,344 |
| overdraft | 0 | 0 | -2,763 | -88,984 | -51,002 | 142,749 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,546,112 | -5,101,099 | 3,263,314 | 320,193 | 2,948,718 | 1,570,300 | 5,025,961 | -719,046 | 3,995,561 | 163,181 | 1,531,344 |
spark44 (jv) limited Credit Report and Business Information
Spark44 (jv) Limited Competitor Analysis
Perform a competitor analysis for spark44 (jv) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
spark44 (jv) limited Ownership
SPARK44 (JV) LIMITED group structure
Spark44 (Jv) Limited has 1 subsidiary company.
Ultimate parent company
ACCENTURE PUBLIC LIMITED COMPANY
IE471706
2 parents
SPARK44 (JV) LIMITED
07535151
1 subsidiary
spark44 (jv) limited directors
Spark44 (Jv) Limited currently has 3 directors. The longest serving directors include Mr Derek Simpson (Mar 2022) and Mr Gareth Newton (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Simpson | 63 years | Mar 2022 | - | Director | |
| Mr Gareth Newton | 55 years | Jul 2022 | - | Director | |
| Mr Malcolm Fernandes | 51 years | Nov 2022 | - | Director |
P&L
March 2022turnover
37m
-58%
operating profit
-7.3m
-436%
gross margin
64.6%
-13.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
12m
-0.38%
total assets
13.1m
-0.65%
cash
9.5m
-0.27%
net assets
Total assets minus all liabilities
spark44 (jv) limited company details
company number
07535151
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
c/o quantuma advisory limited, 7th floor, london, EC4A 3AG
Bank
HSBC BANK PLC
Legal Advisor
LEWIS SILKIN LLP
spark44 (jv) 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 spark44 (jv) limited.
spark44 (jv) 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.
Click to start generating capital raising & share issue transactions for SPARK44 (JV) LIMITED. This can take several minutes, an email will notify you when this has completed.
spark44 (jv) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
