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Aspect Law Limited

05990525

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

NEWHALL WORKS, BIRMINGHAM, B3 1QA
Incorporated 07/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Avhninder Pawar

director · Since 14/11/2006

SOLICITOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mr Kharron-Deep Singh Phagura

director · Since 06/01/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Avhninder Pawar

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

Newhall Works, 58 George Street, Birmingham, B3 1QA

Notified 06/04/2016

Mr Kharron-Deep Singh Phagura

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 45

Newhall Works, 58 George Street, Birmingham, B3 1QA

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PLC

Created 05/06/2008Registered 11/06/2008Satisfied 20/01/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/01/2007Registered 11/01/2007Satisfied 20/01/2012

CompanyRankvs 141+ SIC 69102 peers
87

Financial strength98th percentile among SIC peers · 25/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 8.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£204k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£280k

Fixed Assets

£3k

Debtors

£2.1M

6avg. employees-1

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.04+£50k
20237.24+£187k
202213.14+£114k
20219.13+£226k
20205.63+£217k
20196.34+£311k
20184.94

Derived from filed accounts. Not audited figures.