UK Companies House feature
SPARK FINANCE LTD
Cash
£60K
+166.7% vs 2024
Net assets
£73K
+168.7% vs 2024
Employees
16
+33.3% vs 2024
Profit before tax
£156K
+226.2% vs 2024
Profile
- Company number
- 10128297
- Status
- Active
- Incorporation
- 2016-04-15
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2020-04-30 | 2021-04-30 | 2022-04-30 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | -£123,947 | £156,462 | |
| Net profit | — | — | — | — | -£123,947 | £179,099 | |
| Cash | — | £45,867 | — | — | £22,603 | £60,288 | |
| Total assets less current liabilities | £22,165 | £66,999 | — | — | — | — | |
| Net assets | £22,165 | £17,560 | — | — | -£106,143 | £72,956 | |
| Equity | £22,165 | £17,560 | — | — | -£106,143 | £72,956 | |
| Average employees | 5 | 8 | — | — | 12 | 16 | |
| Wages | — | — | — | — | £629,479 | £894,512 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- M J Bushell Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director has prepared forecasts and considered a variety of different scenarios. In preparing these scenarios, the Director has considered the current level of leads, conversion rates and actual results to date. In all scenarios the Director believes that the company has sufficient resources to be able to meet its liabilities as they fall due and have therefore concluded that the going concern basis of accounting is appropriate.”
Significant events
- “The Spark group has continued on our journey to create change in SME lending through innovation.”
- “We have invested in a number of key aspects of our platform, which are referred to in the Research & Development section below.”
- “We have seen record KPI's in almost every measure since 31 March 2025, including the number of opportunities created by our white label partners, revenue for every channel and lender user engagement.”
- “The prior year was our peak loss position as we move towards monthly breakeven in FY26. Revenue significantly increased to £1.95m for the group in the year to March 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, James Daniel | Director | 2016-04-15 | Oct 1987 | British |
| DOBBIN, Julian Clyde | Director | 2023-07-19 | Jul 1977 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spark Finance Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2023-07-19 | Active |
| Mr James Daniel Davies | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-15 | Ceased 2023-07-19 |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-13 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-02-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-02-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-01 | AA | accounts | accounts with accounts type full |
| 2024-04-12 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-01-29 | CH01 | officers | change person director company with change date |
| 2024-01-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-05 | AA | accounts | accounts with accounts type total exemption full |
| 2023-10-24 | AA01 | accounts | change account reference date company previous shortened |
| 2023-09-11 | CERTNM | change-of-name | certificate change of name company |
| 2023-09-11 | CONNOT | change-of-name | change of name notice |
| 2023-08-21 | AD01 | address | change registered office address company with date old address new address |
| 2023-07-23 | AP01 | officers | appoint person director company with name date |
| 2023-07-23 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-07-23 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-01-31 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-01-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-12-23 | AA | accounts | accounts with accounts type total exemption full |
| 2022-12-05 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
33.7
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 0
- Headcount trajectory 83
- Accounts trajectory 100
- 3 filing(s) in last 12 months
- Employees +33% YoY
- Net Assets +169% YoY