Company Overview
I Need Spares Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 29 June 2015, so this is a well established company. I Need Spares Limited has been in business for 10 years and 9 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Flat 16 Edinburgh Court, Grand Drive, Raynes Park, London, SW20 9NF
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Companies House Data
Company NameI NEED SPARES LIMITED
Company Number09662121
Registered Office AddressFlat 16 Edinburgh Court
 Grand Drive
 SW20 9NF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/06/2015
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/07/2017
Returns Last Made Up Date29/06/2016
Directors & Members
Show Resigned
Thomas Hayward - Director
(British, 38 years old, born December 1988)
Appointed 29 June 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Thomas Hayward
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2020 31-Dec-2019
Balance Sheet
Fixed Assets 10,561 10,561 5,644
Current Assets 49,711 49,711 43,412
Creditors Due Within One Year 106,212 106,212 124,160
Working Cap -56,501 -56,501 -80,748
Total Assets Less Current Liabilities -45,940 -45,940 -75,104
Long-term Liabilities 50,000 50,000 0
Net Assets -95,940 -95,940 -75,104
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -95,940 -95,940 -75,104
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2020 31-Dec-2019
Tangible Fixed Assets - - -
Fixed Assets 17.5% 17.5% 11.5%
Stocks Inventory - - -
Debtors 27.8% 27.8% 21.9%
Cash Bank In Hand 2.8% 2.8% -
Current Assets 82.5% 82.5% 88.5%
Creditors Due Within One Year 176.2% 176.2% 253.1%
Net Current Assets Liabilities -93.7% -93.7% -164.6%
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 -159.2% -159.2% -153.1%
Capital Employed - - -
Total Assets Less Current Liabilities -76.2% -76.2% -153.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2020 31-Dec-2019
Liquidity Ratio 0.5 0.5 0.3
Solvency Ratio 0.4 0.4 0.4
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 31-Dec-2024 31-Dec-2020 31-Dec-2019
Assets 60,272 60,272 49,056
Debt 156,212 156,212 124,160
Net Assets/Debt -95,940 -95,940 -75,104

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 SW20 9NF
No other companies found in the same location
Document Filings
Confirmation statement made on 29 June 2025 with updates
Registered office address changed from 71 Queen Victoria Street London EC4V 4BE United Kingdom to Flat 16 Edinburgh Court Grand Drive Raynes Park London SW20 9NF on 9 November 2024
Confirmation statement made on 29 June 2024 with no updates
Confirmation statement made on 29 June 2023 with updates
Confirmation statement made on 29 June 2022 with updates
Change of details for Mr Thomas William Hayward as a person with significant control on 29 November 2021
Cessation of Rachel Ann Bell as a person with significant control on 29 November 2021
Termination of appointment of Rachel Ann Bell as a director on 29 November 2021
Director's details changed for Ms Rachel Ann Bell on 1 November 2021
Change of details for Ms Rachel Ann Bell as a person with significant control on 1 November 2021
Confirmation statement made on 29 June 2021 with no updates
Confirmation statement made on 29 June 2020 with no updates
Confirmation statement made on 29 June 2019 with no updates
Registered office address changed from 1 Hardwick Street London EC1R 4RB United Kingdom to 71 Queen Victoria Street London EC4V 4BE on 13 December 2018
Confirmation statement made on 29 June 2018 with no updates
Confirmation statement made on 29 June 2017 with updates
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