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Aspire Midlands Ltd

12860934

liquidation
Private Limited Company
england wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

SUITE ONE, PEEL MILL, MORLEY, LS27 8AG
Incorporated 07/09/2020

Compliance

Last accounts

30/09/2022

total exemption full

Next accounts due

30/06/2024

Overdue

Confirmation statement

Last: 03/12/2023

Due 17/12/2024

Overdue

Industry

41202
Construction of domestic buildings

Officers

Mr Kulwinder Singh Bajwa

director · Since 07/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Mr Shangara Singh Choongh

director · Since 01/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Aspire Enterprises (Uk) Ltd

50–75% shares

114-116, Manningham Lane, Bradford, BD8 7JF

Reg: 09104935 · Companies House · Ltd

Notified 07/09/2020

Charges2 outstanding

A registered charge
outstanding

Hampshire Trust Bank PLC

The freehold property known as the bannut, bromyard road, bringsty, worcester WR6 5TA with registered title number HE50993.

Created 26/01/2021Registered 27/01/2021
A registered charge
outstanding

Hampshire Trust Bank PLC

Created 26/01/2021Registered 26/01/2021

Insolvency History1 case

creditors voluntary liquidation06/06/2024

Michael Royce (practitioner)

CompanyRankvs 15+ SIC 41202 peers
7

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees0/15 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.

Longevity6/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2022

Net Worth

-£633k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£246k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.7M

Debtors

£182k

0avg. employees

Balance Sheet

Bank loans & overdrafts£387k
Assets less current liabilities-£246k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20220.86-£262k
20211.01

Derived from filed accounts. Not audited figures.