spark steam limited
spark steam limited Company Information
Company Number
09624415
Next Accounts
Dec 2025
Shareholders
p3p teesside holdings limited
Group Structure
View All
Industry
Production of electricity
Registered Address
first floor 5 fleet place, london, EC4M 7RD
Website
www.sparkunlimited.comspark steam limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK STEAM LIMITED at £34.2m based on a Turnover of £14.6m and 2.35x industry multiple (adjusted for size and gross margin).
spark steam limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK STEAM LIMITED at £8.1m based on an EBITDA of £1.2m and a 6.67x industry multiple (adjusted for size and gross margin).
spark steam limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK STEAM LIMITED at £27.4m based on Net Assets of £10.4m and 2.63x industry multiple (adjusted for liquidity).
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Spark Steam Limited Overview
Spark Steam Limited is a live company located in london, EC4M 7RD with a Companies House number of 09624415. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2015, it's largest shareholder is p3p teesside holdings limited with a 100% stake. Spark Steam Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.6m with rapid growth in recent years.
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Spark Steam Limited Health Check
Pomanda's financial health check has awarded Spark Steam 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 £14.6m, make it larger than the average company (£1.8m)
- Spark Steam Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 80%, show it is growing at a faster rate (11.5%)
- Spark Steam Limited
11.5% - Industry AVG
Production
with a gross margin of 67.2%, this company has a comparable cost of product (67.2%)
- Spark Steam Limited
67.2% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (48.6%)
- Spark Steam Limited
48.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Spark Steam Limited
2 - Industry AVG
Pay Structure
on an average salary of £78.7k, the company has an equivalent pay structure (£78.7k)
- Spark Steam Limited
£78.7k - Industry AVG
Efficiency
resulting in sales per employee of £14.6m, this is more efficient (£448.9k)
- Spark Steam Limited
£448.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (15 days)
- Spark Steam Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is slower than average (20 days)
- Spark Steam Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spark Steam Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Spark Steam Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.9%, this is a lower level of debt than the average (86.8%)
48.9% - Spark Steam Limited
86.8% - Industry AVG
SPARK STEAM LIMITED financials
Spark Steam Limited's latest turnover from March 2024 is estimated at £14.6 million and the company has net assets of £10.4 million. According to their latest financial statements, Spark Steam Limited has 1 employee and maintains cash reserves of £17.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| 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 | 1 | 4 | 4 | 4 | 4 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,940,283 | 8,393,043 | 7,998,790 | 8,530,090 | 8,928,929 | 9,459,758 | 9,987,784 | 10,300,530 | 6,001,054 |
| Intangible Assets | 1,349,974 | 1,439,989 | 1,507,562 | 1,597,562 | 1,687,562 | 1,777,562 | 500,000 | ||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 309,254 | 331,599 | |||||||
| Total Fixed Assets | 12,249,537 | 8,724,642 | 9,348,764 | 9,970,079 | 10,436,491 | 11,057,320 | 11,675,346 | 12,078,092 | 6,501,054 |
| Stock & work in progress | |||||||||
| Trade Debtors | 1,244,980 | 1,249,662 | 183,847 | 198,773 | 744,618 | 374,759 | 422,680 | 246,016 | 66,420 |
| Group Debtors | 5,703,141 | 2,632,482 | 2,513,032 | 2,393,582 | |||||
| Misc Debtors | 1,179,869 | 4,288,894 | 3,765,910 | 370,280 | 767,913 | 632,195 | 604,227 | 877,603 | 2,274,597 |
| Cash | 17,626 | 575,354 | 338,968 | 320,389 | 1,523,980 | 1,532,562 | 965,883 | 356,725 | 3,609,523 |
| misc current assets | |||||||||
| total current assets | 8,145,616 | 8,746,392 | 6,801,757 | 3,283,024 | 3,036,511 | 2,539,516 | 1,992,790 | 1,480,344 | 5,950,540 |
| total assets | 20,395,153 | 17,471,034 | 16,150,521 | 13,253,103 | 13,473,002 | 13,596,836 | 13,668,136 | 13,558,436 | 12,451,594 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 321,214 | 1,377,220 | 186,449 | 228,660 | 151,836 | 136,866 | 105,015 | 131,161 | 44,806 |
| Group/Directors Accounts | |||||||||
| other short term finances | 677,864 | 760,292 | 753,426 | ||||||
| hp & lease commitments | 750,000 | 664,367 | 483,578 | 340,775 | 286,853 | 250,177 | |||
| other current liabilities | 1,593,892 | 779,115 | 1,153,772 | 406,625 | 477,877 | 422,363 | 721,428 | 477,288 | 486,218 |
| total current liabilities | 2,592,970 | 2,916,627 | 2,093,647 | 1,385,285 | 1,294,080 | 1,042,807 | 1,167,218 | 895,302 | 781,201 |
| loans | 4,955,537 | 5,633,401 | 6,389,754 | ||||||
| hp & lease commitments | 5,215,296 | 5,812,206 | 6,476,573 | 6,960,151 | 7,300,926 | 6,777,484 | |||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 2,422,000 | 1,560,000 | 1,410,000 | 740,000 | 690,000 | ||||
| total long term liabilities | 7,377,537 | 7,193,401 | 7,799,754 | 5,955,296 | 6,502,206 | 6,476,573 | 6,960,151 | 7,300,926 | 6,777,484 |
| total liabilities | 9,970,507 | 10,110,028 | 9,893,401 | 7,340,581 | 7,796,286 | 7,519,380 | 8,127,369 | 8,196,228 | 7,558,685 |
| net assets | 10,424,646 | 7,361,006 | 6,257,120 | 5,912,522 | 5,676,716 | 6,077,456 | 5,540,767 | 5,362,208 | 4,892,909 |
| total shareholders funds | 10,424,646 | 7,361,006 | 6,257,120 | 5,912,522 | 5,676,716 | 6,077,456 | 5,540,767 | 5,362,208 | 4,892,909 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 599,309 | 599,037 | 531,300 | 398,839 | 531,174 | 530,876 | 527,042 | 146,431 | 10,250 |
| Amortisation | 90,015 | 67,573 | 90,000 | 90,000 | 90,000 | 22,438 | |||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -65,393 | 2,039,848 | 3,500,154 | 1,450,104 | 505,577 | -19,953 | -96,712 | -1,217,398 | 2,341,017 |
| Creditors | -1,056,006 | 1,190,771 | -42,211 | 76,824 | 14,970 | 31,851 | -26,146 | 86,355 | 44,806 |
| Accruals and Deferred Income | 814,777 | -374,657 | 747,147 | -71,252 | 55,514 | -299,065 | 244,140 | -8,930 | 486,218 |
| Deferred Taxes & Provisions | 862,000 | 150,000 | 670,000 | 50,000 | 690,000 | ||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | -82,428 | 6,866 | 753,426 | ||||||
| Long term loans | -677,864 | -756,353 | 6,389,754 | ||||||
| Hire Purchase and Lease Commitments | -5,965,296 | -511,277 | -483,578 | -340,775 | -286,853 | 560,118 | 7,027,661 | ||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -557,728 | 236,386 | 18,579 | -1,203,591 | -8,582 | 566,679 | 609,158 | -3,252,798 | 3,609,523 |
| overdraft | |||||||||
| change in cash | -557,728 | 236,386 | 18,579 | -1,203,591 | -8,582 | 566,679 | 609,158 | -3,252,798 | 3,609,523 |
spark steam limited Credit Report and Business Information
Spark Steam Limited Competitor Analysis
Perform a competitor analysis for spark steam limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in EC4M area or any other competitors across 12 key performance metrics.
spark steam limited Ownership
SPARK STEAM LIMITED group structure
Spark Steam Limited has no subsidiary companies.
Ultimate parent company
2 parents
SPARK STEAM LIMITED
09624415
spark steam limited directors
Spark Steam Limited currently has 5 directors. The longest serving directors include Mr Julian Harris (Feb 2016) and Mr Alexander Bartho (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Harris | 64 years | Feb 2016 | - | Director | |
| Mr Alexander Bartho | United Kingdom | 38 years | Jun 2022 | - | Director |
| Mr Philip Elborne | United Kingdom | 38 years | Jun 2022 | - | Director |
| Mr Philip Elborne | United Kingdom | 38 years | Jun 2022 | - | Director |
| Mr Alexander Bartho | United Kingdom | 38 years | Jun 2022 | - | Director |
P&L
March 2024turnover
14.6m
-11%
operating profit
615k
0%
gross margin
67.2%
-2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
10.4m
+0.42%
total assets
20.4m
+0.17%
cash
17.6k
-0.97%
net assets
Total assets minus all liabilities
spark steam limited company details
company number
09624415
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BKL AUDIT LLP
address
first floor 5 fleet place, london, EC4M 7RD
Bank
-
Legal Advisor
-
spark steam 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 6 charges/mortgages relating to spark steam limited. Currently there are 2 open charges and 4 have been satisfied in the past.
spark steam 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 SPARK STEAM LIMITED. This can take several minutes, an email will notify you when this has completed.
spark steam limited Companies House Filings - See Documents
| date | description | view/download |
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