SPARKS SOLUTIONS LTD Financials
- Company number
- 08857469CopyCopy
- Registered office
- The Sheffield College, Granville Road, Sheffield S2 2RL
- Incorporated
- 23/01/2014
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Dormant
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
No changevs 20232023: £-85.20K
Total Assets
-10.00%vs 20232023: £6.00K
Total Liabilities
-0.66%vs 20232023: £91.20K
Employees
-19vs 20232023: 23
In 2024, SPARKS SOLUTIONS LTD reported net assets of £-85.20K. The same filing shows total assets of £5.40K and total liabilities of £90.60K. Reported headcount was 4 in 2024. Total Assets fell from £6.00K in 2023 to £5.40K in 2024 (-10.00%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
No changefrom £-85.20K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SPARKS SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
No changevs 2022Total Assets
-25%vs 2022-13.4% a year compound (CAGR)
Total Liabilities
-1.9%vs 2022-1% a year compound (CAGR)
Employees
-87.9%vs 2022-29Biggest decrease
Employees-87.9%
33 in 2022 to 4 in 2024
Every measure that changed in SPARKS SOLUTIONS LTD's filings between 2022 and 2024 fell. The steepest fall came in employee numbers, pointing to a smaller workforce, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPARKS SOLUTIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -1,577.80%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 1,677.80%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SPARKS SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -85.20K | -85.20K | -85.20K |
| Total Assets£ | 7.20K | 6.00K | 5.40K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 92.40K | 91.20K | 90.60K |
| Employees | 33 | 23 | 4 |
SPARKS SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPARKS SOLUTIONS LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.
SPARKS SOLUTIONS LTD reported net assets of £-85.20K for 2024. That compares with £-85.20K in 2023.
SPARKS SOLUTIONS LTD reported total assets of £5.40K for 2024. That compares with £6.00K in 2023, a change of -10.00%.
SPARKS SOLUTIONS LTD reported total liabilities of £90.60K for 2024. That compares with £91.20K in 2023, a change of -0.66%.
SPARKS SOLUTIONS LTD reported 4 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, SPARKS SOLUTIONS LTD's total assets fell by 25%, total liabilities fell by 1.9% and employee numbers fell by 87.9%. Total assets contracted at 13.4% a year across the two years to 2024, from £7.20K to £5.40K. Reported headcount went from 33 in 2022 to 4 in 2024 (-29).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.