Auto-sparks Limited

Auto Sparks Ltd is a small, active company founded 30 years ago in 1994, boasting 46 employees and £1,439,815 in assets. Based in Nottingham, the company operates from a virtual address shared by seventeen other businesses, a fact that should be considered. It’s managed by four directors and has one owner, Davis Philip Roger. Auto Sparks Ltd specializes in importing and exporting electrical machinery and equipment, with a history of five months of importing and thirty-four months of exporting.

The company’s website, autosparks.com, presents itself as a mobile auto electrical specialist serving Spalding, Peterborough, and surrounding areas. They offer services ranging from battery diagnostics and repairs to GPS vehicle tracking and the installation of aftermarket accessories like DAB radios and dash cams. Reviews on Google highlight their prompt service and expertise, with customers praising their ability to quickly diagnose and resolve electrical issues. The site also features a gallery showcasing their work and a “Track Manager” login, suggesting a subscription-based service for fleet tracking.

Financially, Auto Sparks Ltd’s recent performance shows some concerning trends. While current assets remain at £1,400,000, net assets have dropped by 20% to £2,000,000. Cash reserves have also taken a hit, decreasing by 23% to £1,000,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000, and creditors have decreased by 20% to £130,000. The company’s small size, meeting two of three criteria for being classified as small, helps maintain agility, but the decline in equity warrants attention. There is no auditor mentioned, which is expected for a company of this size.

Overall, Auto Sparks Ltd appears to be a well-regarded specialist in auto electrical services, but the recent financial data suggests the company is facing some financial pressures. It’s a business that's been around for a while, but it's important to keep an eye on its financial health in the coming months.

Registered in England/Wales under the registration number 02982858, with a registered address at NG1 4GZ, 17 Newstead Grove, Nottingham.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.