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Aspire Technology Solutions Commercial Ltd

10989039

active
Private Limited Company
england wales
Companies House
2 outstanding charges
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

PIPEWELL QUAY, GATESHEAD, NE8 2BJ
Incorporated 29/09/2017

Compliance

Last accounts

28/02/2025

small

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Chris Malcolm Fraser

director · Since 31/10/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 11 other boards

Mr Stuart William Hall

director · Since 31/10/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 10 other boards

Persons with Significant Control

Aspire Technology Solutions Ltd

75–100% shares
75–100% votes

Pipewell Quay, Pipewellgate, Gateshead, NE8 2BJ

Notified 31/10/2024

Former PSCs

Mr Mark Joseph Halpin

Ceased 21/10/2019

Cloudcoco Holdings Limited

Ceased 31/10/2024

Charges2 outstanding

Charge
outstanding

LDC (MANAGERS) LIMITED

Created 21/01/2026Registered 23/01/2026
Charge
outstanding

ALTUM MANAGEMENT (UK) LIMITED

Created 16/01/2026Registered 20/01/2026

CompanyRankvs 77855+ SIC 62020 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

-£2.8M

Balance sheet strength

Cash

£501k

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£532k

Current Liabilities

£3.3M

Debtors

£32k

26avg. employees-17

Balance Sheet

Assets less current liabilities-£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£2.7M
20240.97-£383k
20182.85

Derived from filed accounts. Not audited figures.