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Aspire Furniture Limited

08445275

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

40A RACECOMMON ROAD, BARNSLEY, S70 6AF
Incorporated 14/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Kit Burgoyne

director · Since 14/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Paul Nicholas Murphy

director · Since 14/03/2013

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Mr Ben Matthew Dobson

director · Since 01/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Charles Anthony Percival Oulton

director · Since 28/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Steven John Pinch

director · Since 23/03/2026

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Kit Burgoyne

25–50% shares

British · England · Age 41

40a, Racecommon Road, Barnsley, S70 6AF

Notified 06/04/2016

Mr Paul Nicholas Murphy

25–50% shares

British · England · Age 40

40a, Racecommon Road, Barnsley, S70 6AF

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 178+ SIC 46470 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 pts

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

Longevity13/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

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

Key FinancialsYear ending 30/09/2024

Turnover

£19.2M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£49k

Cash in the bank

Profit Before Tax

£329k

Bottom line earnings

Net Current Assets

£378k

Working capital

Current Assets

£4.9M

Current Liabilities

£4.6M

Fixed Assets

£1.5M

Debtors

£3.9M

Cost of Sales

£16.0M

Gross Profit

£3.2M

Admin Expenses

£2.8M

Operating Profit

£450k

Profit After Tax

£244k

73avg. employees+43

Tax at Year End

Corp tax£23k
Dividends paid-£168k

People Costs

Wages & salaries£1.8M
NI contributions£145k

Balance Sheet

Intangible assets£304k
Assets less current liabilities£1.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08+£140k
20231.11-£155k
20221.22
20211.35
20201.25
20191.53

Derived from filed accounts. Not audited figures.