spark ev technology limited Company Information
Company Number
10534288
Next Accounts
Sep 2025
Shareholders
j. ott
nac
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
+1Registered Address
future business centre, kings hedges road, cambridge, CB4 2HY
Website
www.sparkevtechnology.comspark ev technology limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK EV TECHNOLOGY LIMITED at £351.9k based on a Turnover of £349.8k and 1.01x industry multiple (adjusted for size and gross margin).
spark ev technology limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK EV TECHNOLOGY LIMITED at £0 based on an EBITDA of £-275.7k and a 5.39x industry multiple (adjusted for size and gross margin).
spark ev technology limited Estimated Valuation
Pomanda estimates the enterprise value of SPARK EV TECHNOLOGY LIMITED at £0 based on Net Assets of £-505.7k and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spark Ev Technology Limited Overview
Spark Ev Technology Limited is a live company located in cambridge, CB4 2HY with a Companies House number of 10534288. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2016, it's largest shareholder is j. ott with a 50.5% stake. Spark Ev Technology Limited is a young, micro sized company, Pomanda has estimated its turnover at £349.8k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spark Ev Technology Limited Health Check
Pomanda's financial health check has awarded Spark Ev Technology Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs


2 Strong

2 Regular

7 Weak

Size
annual sales of £349.8k, make it smaller than the average company (£5.8m)
- Spark Ev Technology Limited
£5.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (7.4%)
- Spark Ev Technology Limited
7.4% - Industry AVG

Production
with a gross margin of 49.1%, this company has a comparable cost of product (49.1%)
- Spark Ev Technology Limited
49.1% - Industry AVG

Profitability
an operating margin of -78.9% make it less profitable than the average company (3.6%)
- Spark Ev Technology Limited
3.6% - Industry AVG

Employees
with 6 employees, this is below the industry average (43)
6 - Spark Ev Technology Limited
43 - Industry AVG

Pay Structure
on an average salary of £69.3k, the company has an equivalent pay structure (£69.3k)
- Spark Ev Technology Limited
£69.3k - Industry AVG

Efficiency
resulting in sales per employee of £58.3k, this is less efficient (£151.1k)
- Spark Ev Technology Limited
£151.1k - Industry AVG

Debtor Days
it gets paid by customers after 11 days, this is earlier than average (54 days)
- Spark Ev Technology Limited
54 days - Industry AVG

Creditor Days
its suppliers are paid after 20 days, this is quicker than average (38 days)
- Spark Ev Technology Limited
38 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spark Ev Technology Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (23 weeks)
10 weeks - Spark Ev Technology Limited
23 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 432.4%, this is a higher level of debt than the average (54.6%)
432.4% - Spark Ev Technology Limited
54.6% - Industry AVG
SPARK EV TECHNOLOGY LIMITED financials

Spark Ev Technology Limited's latest turnover from December 2023 is estimated at £349.8 thousand and the company has net assets of -£505.7 thousand. According to their latest financial statements, Spark Ev Technology Limited has 6 employees and maintains cash reserves of £133.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
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 | 6 | 6 | 5 | 4 | 4 | 3 | 3 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 166 | 472 | 1,198 | 838 | 1,257 | ||
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | 4,500 | ||||||
Total Fixed Assets | 166 | 472 | 1,198 | 5,338 | 1,257 | ||
Stock & work in progress | |||||||
Trade Debtors | 11,054 | 44,428 | 338 | 225 | 28,738 | ||
Group Debtors | |||||||
Misc Debtors | 7,639 | 56,695 | 127,303 | 92,421 | 66,401 | 42,309 | 1,890 |
Cash | 133,265 | 108,109 | 194,160 | 324,926 | 73,516 | 147,071 | 52,338 |
misc current assets | |||||||
total current assets | 151,958 | 209,232 | 321,463 | 417,685 | 140,142 | 218,118 | 54,228 |
total assets | 152,124 | 209,704 | 322,661 | 423,023 | 141,399 | 218,118 | 54,228 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 10,212 | 5,490 | 2,486 | 16,260 | 4,369 | 10,075 | 4,699 |
Group/Directors Accounts | 250 | ||||||
other short term finances | 297,500 | 235,000 | 235,000 | 160,000 | 50,000 | 50,000 | 50,000 |
hp & lease commitments | |||||||
other current liabilities | 350,126 | 212,828 | 90,540 | 43,539 | 17,507 | 30,391 | 40,415 |
total current liabilities | 657,838 | 453,318 | 328,026 | 219,799 | 71,876 | 90,716 | 95,114 |
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | |||||||
other liabilities | |||||||
provisions | |||||||
total long term liabilities | |||||||
total liabilities | 657,838 | 453,318 | 328,026 | 219,799 | 71,876 | 90,716 | 95,114 |
net assets | -505,714 | -243,614 | -5,365 | 203,224 | 69,523 | 127,402 | -40,886 |
total shareholders funds | -505,714 | -243,614 | -5,365 | 203,224 | 69,523 | 127,402 | -40,886 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 306 | 725 | 559 | 419 | 419 | ||
Amortisation | |||||||
Tax | |||||||
Stock | |||||||
Debtors | -82,430 | -26,180 | 30,044 | 30,633 | -4,421 | 69,157 | 1,890 |
Creditors | 4,722 | 3,004 | -13,774 | 11,891 | -5,706 | 5,376 | 4,699 |
Accruals and Deferred Income | 137,298 | 122,288 | 47,001 | 26,032 | -12,884 | -10,024 | 40,415 |
Deferred Taxes & Provisions | |||||||
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | |||||||
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | -250 | 250 | |||||
Other Short Term Loans | 62,500 | 75,000 | 110,000 | 50,000 | |||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | |||||||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 25,156 | -86,051 | -130,766 | 251,410 | -73,555 | 94,733 | 52,338 |
overdraft | |||||||
change in cash | 25,156 | -86,051 | -130,766 | 251,410 | -73,555 | 94,733 | 52,338 |
spark ev technology limited Credit Report and Business Information
Spark Ev Technology Limited Competitor Analysis

Perform a competitor analysis for spark ev technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CB4 area or any other competitors across 12 key performance metrics.
spark ev technology limited Ownership
SPARK EV TECHNOLOGY LIMITED group structure
Spark Ev Technology Limited has no subsidiary companies.
Ultimate parent company
SPARK EV TECHNOLOGY LIMITED
10534288
spark ev technology limited directors
Spark Ev Technology Limited currently has 4 directors. The longest serving directors include Mr Justin Ott (Dec 2016) and Mr Mark Shields (Apr 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Justin Ott | United Kingdom | 38 years | Dec 2016 | - | Director |
Mr Mark Shields | United Kingdom | 51 years | Apr 2017 | - | Director |
Mr David Blair | 63 years | Mar 2019 | - | Director | |
Mr Richard Welford | England | 55 years | May 2021 | - | Director |
P&L
December 2023turnover
349.8k
-22%
operating profit
-276k
0%
gross margin
49.1%
-1.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-505.7k
+1.08%
total assets
152.1k
-0.27%
cash
133.3k
+0.23%
net assets
Total assets minus all liabilities
spark ev technology limited company details
company number
10534288
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CHARTER ALLAN LLP
auditor
-
address
future business centre, kings hedges road, cambridge, CB4 2HY
Bank
-
Legal Advisor
-
spark ev technology 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 1 charges/mortgages relating to spark ev technology limited. Currently there are 0 open charges and 1 have been satisfied in the past.
spark ev technology 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 EV TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
spark ev technology limited Companies House Filings - See Documents
date | description | view/download |
---|