Company Overview
Spa Worldwide Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 18 April 2011, so this is a well established company. Spa Worldwide Limited has been in business for 13 years and 6 months. The accounts status is small and the accounts are next due on Tuesday 30 September 2025.
Registered Address

2Nd Floor, 90-92 Pentonville Road, London, N1 9HS
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 NameSPA WORLDWIDE LIMITED
Company Number07606704
Registered Office Address2ND FLOOR
 90-92 PENTONVILLE ROAD
 N1 9HS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/04/2011
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategorySMALL
Returns Next Due Date16/05/2017
Returns Last Made Up Date18/04/2016
Directors & Members
Show Resigned
Ronald Cummings-John - Director
(British, 37 years old, born August 1987)
Director - Appointed 18 April 2011
 Active
Owais Peer - Director
(British, 36 years old, born July 1988)
Director - Appointed 18 April 2011
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ronald Cummings-John
No companies found
Owais Peer
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 47,023 47,023 72,821
Current Assets 4,574,310 4,574,310 5,370,980
Creditors Due Within One Year 1,613,422 1,613,422 806,907
Working Cap 2,960,888 2,960,888 4,564,073
Total Assets Less Current Liabilities 3,007,911 3,007,911 4,636,894
Long-term Liabilities 12,199,246 12,199,246 12,198,321
Net Assets -9,191,335 -9,191,335 -7,561,427
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -9,191,335 -9,191,335 -7,561,427
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 1.0% 1.0% 1.3%
Stocks Inventory - - -
Debtors 65.7% 65.7% 43.3%
Cash Bank In Hand 33.3% 33.3% 55.4%
Current Assets 99.0% 99.0% 98.7%
Creditors Due Within One Year 34.9% 34.9% 14.8%
Net Current Assets Liabilities 64.1% 64.1% 83.8%
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 -198.9% -198.9% -138.9%
Capital Employed - - -
Total Assets Less Current Liabilities 65.1% 65.1% 85.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Liquidity Ratio 2.8 2.8 6.7
Solvency Ratio 0.3 0.3 0.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Assets 4,621,333 4,621,333 5,443,801
Debt 13,812,668 13,812,668 13,005,228
Net Assets/Debt -9,191,335 -9,191,335 -7,561,427

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 has some deficiency. The balance sheet net assets figure is negative.

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 has some deficiency. The balance sheet net assets figure is negative.   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 has some deficiency. The balance sheet net assets figure is negative.

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 N1 9HS
MFM HOLDING LTD
90-92 PENTONVILLE ROAD, LONDON, N1 9HS
MFM INVESTMENT LTD
90-92 PENTONVILLE ROAD, LONDON, N1 9HS
REXELION LIMITED
58/60 PENTONVILLE RD, LONDON, N1 9HS
WASTED TALENT LTD
14 CHARLES II STREET, LONDON, N1 9HS
Document Filings
Confirmation statement made on 29 June 2024 with no updates
Previous accounting period shortened from 31 July 2023 to 31 December 2022
Confirmation statement made on 29 June 2023 with updates
Previous accounting period shortened from 31 December 2022 to 31 July 2022
Resolutions
Memorandum and Articles of Association
Notification of Gamma Bidco Limited as a person with significant control on 16 August 2022
Termination of appointment of Ian Downing as a director on 16 August 2022
Termination of appointment of Simon Thomas Murdoch as a director on 16 August 2022
Termination of appointment of Christopher Anthony Mathias as a director on 16 August 2022
Cessation of Owais Peer as a person with significant control on 16 August 2022
Cessation of Ronald Malvin Cummings-John as a person with significant control on 16 August 2022
Cessation of Bgf Gp Limited as a person with significant control on 16 August 2022
Second filing of a statement of capital following an allotment of shares on 16 August 2022
Statement of capital following an allotment of shares on 16 March 2022
Registration of charge 076067040001, created on 16 August 2022
Confirmation statement made on 29 June 2022 with no updates
Statement of capital following an allotment of shares on 23 April 2021
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2024 Check Free