STONE SPAR STORES LIMITED

Company number 03516800 ·

Liquidation

The confirmation statement for this company is overdue.

Executive summary

Stone Spar Stores Limited represents a terminal case within the UK convenience retail sector, having deteriorated from net assets of £140k in 2019 to net liabilities of £294k by 2025—a £434k erosion that far exceeds typical sector volatility. The business's current ratio of 0.34:1, declining cash position, and ballooning creditor balances (particularly "other creditors" of £335k) indicate it has been sustained by related-party funding rather than organic profitability, and the move to liquidation is consistent with the balance sheet reality. This outcome reflects broader structural pressures in the independent c-store sector—inflation, wage costs, discounter competition, and business rates—but the severity of this decline suggests compounding operational or management factors beyond sector norms alone.

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Shareholders' funds

-£294,376

Balance sheet as at 2025-05-31

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Overview

Company type
Private Limited Company
Incorporated
1998-02-25
Registered office
126 New Walk, Leicester, LE1 7JA
Postcode
LE1 7JA
Capital
100 GBP
Accounts category
Total Exemption Full
Charges
3 outstanding

Accounts

Last made up to
2025-05-31
Next due by
2027-02-28
Financial year end
31 May

Confirmation statement

Last statement dated
2025-02-25
Next due by
2026-03-11 Overdue
View filing history →

Nature of business (SIC)

  • 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers 1 current · 10 resigned

Appointed 1998-03-04

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Contact details

Website
http://www.stonespar.co.uk

Previous registered addresses 3

AddressChanged on
802 THE CONRAN BUILDING, 25 CHURCH STREET, MANCHESTER, M4 1PE2012-03-26
C/O SPAR, 2-4 OXFORD STREET, MANCHESTER, M1 5QA2010-05-05
381 KINGSWAY, HOVE, EAST SUSSEX BN3 4QD1998-03-09

The class of 1998

43%

of the 55,901 companies incorporated in 1998 are still active today; 54% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 2 titles

Leasehold
2
Most recent registration
2009-07-02
Where
Greater Manchester (2)
Title numberCounty Tenure RegisteredPrice paid
MAN144103 Greater Manchester Leasehold 2009-07-02
MAN143393 Greater Manchester Leasehold 2009-06-19

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.