spark change ltd
spark change ltd Company Information
Company Number
11812950
Website
-Registered Address
rowbarns hambledon road, denmead, waterlooville, PO7 6LR
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
george burns 50%
david sparrow 50%
spark change ltd Estimated Valuation
Pomanda estimates the enterprise value of SPARK CHANGE LTD at £33.1k based on a Turnover of £41.8k and 0.79x industry multiple (adjusted for size and gross margin).
spark change ltd Estimated Valuation
Pomanda estimates the enterprise value of SPARK CHANGE LTD at £54 based on an EBITDA of £16 and a 3.36x industry multiple (adjusted for size and gross margin).
spark change ltd Estimated Valuation
Pomanda estimates the enterprise value of SPARK CHANGE LTD at £0 based on Net Assets of £-5.3k and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spark Change Ltd Overview
Spark Change Ltd is a live company located in waterlooville, PO7 6LR with a Companies House number of 11812950. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2019, it's largest shareholder is george burns with a 50% stake. Spark Change Ltd is a young, micro sized company, Pomanda has estimated its turnover at £41.8k with unknown growth in recent years.
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Spark Change Ltd Health Check
Pomanda's financial health check has awarded Spark Change Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £41.8k, make it smaller than the average company (£3.7m)
- Spark Change Ltd
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Spark Change Ltd
- - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (49.4%)
- Spark Change Ltd
49.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (9.8%)
- Spark Change Ltd
9.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Spark Change Ltd
18 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Spark Change Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £20.9k, this is less efficient (£135.5k)
- Spark Change Ltd
£135.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (57 days)
- Spark Change Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (37 days)
- Spark Change Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spark Change Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spark Change Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16109.1%, this is a higher level of debt than the average (66.9%)
16109.1% - Spark Change Ltd
66.9% - Industry AVG
SPARK CHANGE LTD financials
Spark Change Ltd's latest turnover from February 2023 is estimated at £41.8 thousand and the company has net assets of -£5.3 thousand. According to their latest financial statements, Spark Change Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 4 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 4 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 33 | 0 | 30,814 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 33 | 0 | 30,814 | 0 |
| total assets | 33 | 0 | 30,814 | 4 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,316 | 5,296 | 6,898 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 5,316 | 5,296 | 6,898 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 27,500 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 27,500 | 0 |
| total liabilities | 5,316 | 5,296 | 34,398 | 0 |
| net assets | -5,283 | -5,296 | -3,584 | 4 |
| total shareholders funds | -5,283 | -5,296 | -3,584 | 4 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 33 | -30,814 | 30,814 | 0 |
| Creditors | 20 | -1,602 | 6,898 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -4 | 4 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -27,500 | 27,500 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
spark change ltd Credit Report and Business Information
Spark Change Ltd Competitor Analysis
Perform a competitor analysis for spark change ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PO7 area or any other competitors across 12 key performance metrics.
spark change ltd Ownership
SPARK CHANGE LTD group structure
Spark Change Ltd has no subsidiary companies.
Ultimate parent company
SPARK CHANGE LTD
11812950
spark change ltd directors
Spark Change Ltd currently has 2 directors. The longest serving directors include Mr David Sparrow (Feb 2019) and Mr George Burns (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Sparrow | England | 27 years | Feb 2019 | - | Director |
| Mr George Burns | England | 25 years | Dec 2019 | - | Director |
P&L
February 2023turnover
41.8k
+299%
operating profit
16.1
0%
gross margin
22.2%
+5.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-5.3k
0%
total assets
33
0%
cash
0
0%
net assets
Total assets minus all liabilities
spark change ltd company details
company number
11812950
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
70229 - Management consultancy activities (other than financial management)
incorporation date
February 2019
age
5
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
rowbarns hambledon road, denmead, waterlooville, PO7 6LR
accountant
-
auditor
-
spark change ltd 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 spark change ltd.
spark change ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
