TI SPARKLE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-16 (in 2mo)
Last made up 2025-07-02
Watchouts
None on the register
Cash
£1M
EUR 1,199,710
-57.6% vs 2023
Net assets
£8M
EUR 9,624,180
+1.5% vs 2023
Employees
8
0% vs 2023
Profit before tax
£126K
EUR 145,392
-84.6% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,304,379 | £7,364,913 | |
| Operating profit | £381,246 | £378,850 | |
| Profit before tax | £823,515 | £126,439 | |
| Net profit | £744,364 | £124,657 | |
| Cash | £2,461,204 | £1,043,317 | |
| Total assets less current liabilities | £8,244,923 | £8,369,580 | |
| Net assets | £8,244,923 | £8,369,580 | |
| Equity | £8,244,923 | £8,369,580 | |
| Average employees | 8 | 8 | |
| Wages | £785,331 | £819,401 | |
| Directors' remuneration | — | — |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-11.3%
£8,304,379 £7,364,913
-
Cash
-57.6%
£2,461,204 £1,043,317
-
Net assets
+1.5%
£8,244,923 £8,369,580
-
Employees
0%
8 8
-
Operating profit
-0.6%
£381,246 £378,850
-
Profit before tax
-84.6%
£823,515 £126,439
-
Wages
+4.3%
£785,331 £819,401
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.6% | 5.1% | |
| Net margin | 9.0% | 1.7% | |
| Return on capital employed | 4.6% | 4.5% | |
| Gearing (liabilities / total assets) | 45.1% | 44.7% | |
| Current ratio | 0.91x | 0.89x | |
| Interest cover | 1.32x | 1.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- TI SPARKLE UK LIMITED 2016-09-20 → present
- T.M.I. TELEMEDIA INTERNATIONAL LIMITED 1993-10-08 → 2016-09-20
- T.M.I. (TELEMEDIA) LIMITED 1991-07-02 → 1993-10-08
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework (United Kingdom Generally Accepted Accounting Practice)
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the directors believe that the company will continue to operate for the going concern period... The Company is funded via intercompany recharges and a £5.4m intercompany loan from Telecom Italia Capital S.A... The directors have received a letter of support from Telecom Italia Sparkle S.p.A. and TIM S.p.A. confirming that they will assist the Company in meeting its liabilities... Given the quantum of the available liquidity including support from TI Sparkle S.p.A, the Board of Directors conclude that the Company is able to continue as a going concern.”
Group structure
- TI SPARKLE UK LIMITED · parent
- TI Russia Sparkle LLC 1%
- TI Belgium BVBA 0.01%
- TIS Lagos Limited 0.01%
- Sparkle Communications India Private Ltd 0.01%
Significant events
- “Turnover for the year decreased by 11.3% compared with the previous year.”
- “Profit before tax decreased by €801,668 compared with the previous year, due to the €839,334 asset retirement obligation risk provision in the previous year.”
- “The intercompany loan with Telecom Italia Capital S.A. was renewed on 19 July 2024.”
- “The directors anticipate a similar level of business activity in 2025 as compared with the results of 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAKELAW SECRETARIES LIMITED | Corporate Secretary | 2007-07-25 | — | — |
| DECAROLI, Danilo | Director | 2023-07-01 | Nov 1967 | Italian |
| VENTIMIGLIA, Antonio | Director | 2019-01-16 | Apr 1964 | Italian |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLMAN, Michael Peter David | Secretary | 1994-04-12 | 1996-12-02 |
| PERRY, Ronald Edmund | Secretary | 1996-12-02 | 2007-07-25 |
| POLLININI, Umberto | Secretary | — | 1993-02-15 |
| TRIPPETTI, Massimo | Secretary | 1993-02-15 | 1994-04-11 |
| ALBANESE, Claudio | Director | 1994-03-15 | 1998-06-10 |
| AYMERITO, Giulio | Director | 2000-04-06 | 2003-11-10 |
| BERNINI, Renato | Director | 1998-06-10 | 2002-03-16 |
| BORGANI, Fernando | Director | 1994-12-30 | 2000-04-06 |
| BRANCATI, Giuseppe | Director | 1998-06-10 | 2003-11-10 |
| CASINI CORTESI, Andrea | Director | 2000-04-06 | 2003-11-10 |
| CICCHETTI, Oscare | Director | 1996-09-12 | 1998-06-10 |
| DEL VECCHIO, Archimede | Director | 1993-02-15 | 1994-12-30 |
| IAPADRE, Bruno | Director | — | 1994-03-15 |
| LASTEI, Riccardo | Director | 1994-03-15 | 1994-09-01 |
| MAGRELLI, Paolo, Dr | Director | 2010-09-30 | 2011-07-02 |
| MAGRELLI, Paolo, Dr | Director | 2010-09-30 | 2013-08-02 |
| MANCINI, Massimo | Director | 2003-11-10 | 2018-12-31 |
| MANCINI, Massimo | Director | 1998-06-10 | 2002-03-16 |
| MASSARO, Massimo | Director | 2018-05-10 | 2023-06-30 |
| PIRRO, Mario | Director | 2010-09-30 | 2016-05-23 |
| POLLININI, Umberto | Director | — | 1993-02-15 |
| RICCITELLI, Ettore | Director | — | 1993-02-15 |
| SANGIORGIO, Luigi | Director | 2016-05-23 | 2018-05-10 |
| SCRAVAGLIERI, Paolo | Director | 1994-09-01 | 1997-12-16 |
| SINI, Giuseppe, Ing | Director | 2002-03-16 | 2003-11-10 |
| SPINELLI, Giuseppe | Director | 1998-06-10 | 2000-04-06 |
| TRIPPETTI, Massimo | Director | — | 1998-06-10 |
| VILLA, Giovanni | Director | 1993-02-15 | 1996-05-27 |
| ZINZI, Vittorio | Director | 2003-11-10 | 2010-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Telecom Italia S.P.A | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 229 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | CH01 | officers | Change person director company with change date | |
| 2025-09-29 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | AA | accounts | Accounts with accounts type full | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full | |
| 2023-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-07 | CH01 | officers | Change person director company with change date | |
| 2023-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-07 | AA | accounts | Accounts with accounts type full | |
| 2021-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-20 | AA | accounts | Accounts with accounts type full | |
| 2020-02-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2019-09-06 | AA | accounts | Accounts with accounts type full | |
| 2019-07-02 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.