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Azpects Limited

06800513

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)
  • Going concern doubt noted in accounts (-10)

Details

1 LONDON ROAD, IPSWICH, IP1 2HA
Incorporated 23/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Michael Phillip Downing

director · Since 23/01/2009

MANUFACTURING

BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Mr Paul Leslie Taylor

director · Since 23/01/2009

PROPERTY CONSULTANT

BRITISH · UNITED KINGDOM · Age 71

Also on 4 other boards

Mr Kevin Stephen Ager

director · Since 18/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 68

Mr David Francis Eastgate

director · Since 18/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 1 other board

Persons with Significant Control

Unitech Innovations Limited

75–100% shares
75–100% votes

1, London Road, Ipswich, IP1 2HA

Reg: 08843714 · England & Wales · England And Wales

Notified 10/01/2023

Former PSCs

Mr Paul Leslie Taylor

Ceased 10/01/2023

Mr Michael Phillip Downing

Ceased 10/01/2023

Charges0 outstanding

Charge
satisfied

ULTIMATE INVOICE FINANCE LTD

Created 15/08/2013Registered 02/09/2013Satisfied 27/03/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2012Registered 30/03/2012Satisfied 13/03/2025

CompanyRankvs 18+ SIC 46730 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 30/06/2024

Turnover

£16.7M

Annual revenue

Net Worth

£9.1M

Balance sheet strength

Cash

£4.8M

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£9.0M

Working capital

Current Assets

£12.1M

Current Liabilities

£3.2M

Fixed Assets

£123k

Debtors

£6.4M

Cost of Sales

£11.1M

Gross Profit

£5.5M

Admin Expenses

£3.0M

Operating Profit

£2.1M

Profit After Tax

£1.6M

38avg. employees

Tax at Year End

Corp tax£375k
Dividends paid-£643k

Director Loans

Directors owe company£109k

People Costs

Wages & salaries£1.6M
NI contributions£20k

Balance Sheet

Interest payable£85
Assets less current liabilities£9.1M
Signed by Mr Paul Taylor 2nd July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.81+£563k
20234.48+£1.2M
20223.93+£1.9M£7.7M
20212.87£11.2M

Derived from filed accounts. Not audited figures.