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Aspire Competitions Ltd

12067448

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5A BATH PLACE, TAUNTON, TA1 4ER
Incorporated 25/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

H & H Accountants Ltd

secretary · Since 06/11/2020

OTHER

Also on 25 other boards

Mr James Ovenden

director · Since 26/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr James Ovenden

75–100% shares
75–100% votes
Appoint directors

British · England · Age 46

12, Oxford Road, Yeovil, BA21 5HR

Notified 26/11/2020

Former PSCs

Mr Owen John Priestley

Ceased 26/11/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 16/10/2025Registered 21/10/2025

CompanyRankvs 3470+ SIC 45112 peers
67

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Liquidity16/20 pts

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

Longevity7/15 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 30/06/2024

Net Worth

£540k

Balance sheet strength

Cash

£298k

Cash in the bank

Net Current Assets

£448k

Working capital

Current Assets

£1.0M

Current Liabilities

£571k

Fixed Assets

£123k

Debtors

£60k

20avg. employees

Balance Sheet

Assets less current liabilities£571k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.78+£170k
20231.48+£51k
20223.15+£150k
20211.81

Derived from filed accounts. Not audited figures.