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Asp Construction Lincoln Ltd

10485188

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

UNIT L PEREGRINE MEWS, LINCOLN, LN3 4PH
Incorporated 17/11/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Alexander Savvas Papastylianou

director · Since 17/11/2016

BUILDER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Alexander Savvas Papastylianou

75–100% shares
75–100% votes

British · United Kingdom · Age 56

23, Flaxley Close, Lincoln, LN2 4GJ

Notified 17/11/2016

Former PSCs

Mrs Katrina Papastylianou

Ceased 18/07/2023

Insolvency History1 case

creditors voluntary liquidation24/06/2026

Sarah Louise Burge (practitioner)

CompanyRankvs 11733+ SIC 41201 peers
50

Financial strength62th percentile among SIC peers · 16/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees13/15 pts

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

Liquidity6/20 pts

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

Longevity10/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£13k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£132k

Current Liabilities

£169k

Fixed Assets

£127k

Debtors

£81k

4avg. employees+1

Tax at Year End

Corp tax£22k
VAT£37k

Director Loans

Company owes directors£679
Directors owe company£130

Balance Sheet

Assets less current liabilities£90k
Signed by Mr Alex Papastylianou 06/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.78+£9k£748k
20240.50-£47k£510k
20231.03£510k

Derived from filed accounts. Not audited figures.