Spaark IT Ltd
Registered name: SPAARK IT LTD
Spaark IT Ltd made £37k revenue and £1.5k profit in the year to 30 Nov 2024.
Spaark IT Ltd’s revenue fell 31% to £37k in the year to 30 Nov 2024, with £1.5k profit and 1 employee. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £53.4k | £37k |
| Cost of sales | — | — | £257 | £7.2k |
| Gross profit | — | — | £53.2k | £29.8k |
| Operating profit | — | — | £4.5k | £1.5k |
| Profit before tax | — | — | £4.5k | £1.5k |
| Profit after tax | — | — | £2.8k | £1.5k |
| Profit (best available) | — | — | £2.8k | £1.5k |
| Staff costs | — | — | £13.8k | — |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 5.3% | 4.2% |
| Gross margin | — | — | 99.5% | 80.5% |
| Revenue per employee | — | — | £53.4k | £37k |
| Profit per employee | — | — | £2.8k | £1.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼30.7% |
| Profit growth | — | — | — | ▼45.1% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £4.2k | £3.9k |
| Net assets | £144 | £166 | £3.8k | £2.3k |
| Fixed assets | £1.6k | £1.3k | £1k | £1k |
| Current assets | £620 | £520 | £4.2k | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 80.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37k
- Revenue ÷ average employees.
- Profit per employee
- £1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼40%
- Now £2.3k
- Cash at bank
- ▼8%
- Now £3.9k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £1k
Similar profitable businesses
- Plastercore LtdWallasey · Other service activities n.e.c.
- Revenue
- £100k
- Profit
- £13.4k
- Staff
- 4
- Centre for Supervision Training and Development LtdBath · Other service activities n.e.c.
- Revenue
- £100k
- Profit
- £10.6k
- Staff
- 0
- Andbus LimitedOther service activities n.e.c.
- Revenue
- £101k
- Profit
- £21.9k
- Staff
- 1
- Kiss Wealth LimitedSutton · Other service activities n.e.c.
- Revenue
- £106k
- Profit
- £53.5k
- Staff
- 3
- Grove Neighbourhood Centre LimitedOther service activities n.e.c.
- Revenue
- £107k
- Profit
- £1.8k
- Staff
- 4
- William Hynes Energistics LimitedGateshead · Other service activities n.e.c.
- Revenue
- £108k
- Profit
- £13.2k
- Staff
- 0
Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £1.5k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.