Company Overview
Sparcs-It Solutions Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 08 February 2013, so this is a well established company. Sparcs-It Solutions Limited has been in business for 13 years and 1 month. The accounts status is unaudited abridged and the accounts are next due on Monday 30 November 2026.
Registered Address

4 Sorrel Way, Broughton, Aylesbury, HP22 7BZ
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameSPARCS-IT SOLUTIONS LIMITED
Company Number08394805
Registered Office Address4 Sorrel Way
 Broughton
 HP22 7BZ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date08/02/2013
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date28/08/2016
Returns Last Made Up Date31/07/2015
Directors & Members
Venkatesh Bathineni - Director
(Indian, 44 years old, born December 1982)
Appointed 08 February 2013
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Venkatesh Bathineni
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 2,491 2,491 2,030
Current Assets 90,661 90,661 68,886
Creditors Due Within One Year 13,700 13,700 1,928
Working Cap 76,961 76,961 66,958
Total Assets Less Current Liabilities 79,452 79,452 68,988
Long-term Liabilities 0 0 0
Net Assets 79,452 79,452 68,988
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 79,452 79,452 68,988
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 2.7% 2.7% 2.9%
Stocks Inventory - - -
Debtors 17.7% 17.7% 10.7%
Cash Bank In Hand 79.6% 79.6% 86.4%
Current Assets 97.3% 97.3% 97.1%
Creditors Due Within One Year 14.7% 14.7% 2.7%
Net Current Assets Liabilities 82.6% 82.6% 94.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 85.3% 85.3% 97.3%
Capital Employed - - -
Total Assets Less Current Liabilities 85.3% 85.3% 97.3%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Liquidity Ratio 6.6 6.6 35.7
Solvency Ratio 6.8 6.8 36.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Assets 93,152 93,152 70,916
Debt 13,700 13,700 1,928
Net Assets/Debt 79,452 79,452 68,988

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around HP22 7BZ
No other companies found in the same location
Document Filings
Confirmation statement made on 12 September 2025 with no updates
Registered office address changed from 82 Rivets Close Aylesbury HP21 8JR England to 4 Sorrel Way Broughton Aylesbury HP22 7BZ on 13 March 2025
Previous accounting period extended from 28 February 2024 to 29 February 2024
Confirmation statement made on 12 September 2024 with no updates
Confirmation statement made on 12 September 2023 with no updates
Registered office address changed from 8 Stokenchurch Place Bradwell Common Milton Keynes MK13 8AT England to 82 Rivets Close Aylesbury HP21 8JR on 30 August 2023
Change of details for Mr Venkatesh Bathineni as a person with significant control on 16 September 2022
Confirmation statement made on 16 September 2022 with updates
Confirmation statement made on 5 October 2021 with updates
Confirmation statement made on 13 February 2021 with no updates
Confirmation statement made on 13 February 2020 with no updates
Confirmation statement made on 13 February 2019 with no updates
Confirmation statement made on 13 February 2018 with no updates
Confirmation statement made on 28 June 2017 with updates
Confirmation statement made on 31 July 2016 with updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free