ASPIRE FURNITURE LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-03-27 (in 10mo)
Last made up 2026-03-13
Watchouts
Cash
£49K
lowest in 8 filed years
Net assets
£1M
highest in 6 filed years
Employees
73
highest in 6 filed years
Profit before tax
£329K
highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2024-09-30
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £14,788,269 | — | £27,963,901 | £19,182,395 | |
| Operating profit | — | — | — | — | £340,796 | — | -£647,436 | £449,538 | |
| Profit before tax | — | — | — | — | £321,212 | — | £9,058 | £329,425 | |
| Net profit | — | — | — | — | £347,981 | — | £331 | £243,737 | |
| Cash | £77,078 | £189,569 | £425,500 | £425,500 | £180,933 | £180,933 | £620,299 | £48,969 | |
| Total assets less current liabilities | £318,849 | £464,453 | £909,545 | — | £1,702,774 | — | £2,004,068 | £1,898,960 | |
| Net assets | — | — | £909,545 | — | £1,044,982 | — | £1,125,292 | £1,265,219 | |
| Equity | £318,849 | £464,453 | £909,545 | £885,573 | £1,044,982 | £1,044,982 | £1,125,292 | £1,265,219 | |
| Average employees | 9 | 13 | 17 | — | 30 | — | 64 | 73 | |
| Wages | — | — | — | — | £636,222 | — | £2,099,807 | £1,771,575 | |
| Directors' remuneration | — | — | — | — | £26,532 | — | £46,155 | £57,237 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.3% | — | -2.3% | 2.3% | |
| Net margin | — | — | — | — | 2.4% | — | 0.0% | 1.3% | |
| Return on capital employed | — | — | — | — | 20.0% | — | -32.3% | 23.7% | |
| Current ratio | — | — | — | — | — | — | 1.11x | 1.08x | |
| Interest cover | — | — | — | — | 17.40x | — | -4.68x | 3.74x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shorts
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Group structure
- ASPIRE FURNITURE LIMITED · parent
- PM Sales & Marketing Limited 100%
- Aspire Furniture Inc 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURGOYNE, Kit | Director | 2013-03-14 | Mar 1985 | British |
| DOBSON, Ben Matthew | Director | 2018-12-01 | Dec 1985 | British |
| MURPHY, Paul Nicholas | Director | 2013-03-14 | Sep 1985 | British |
| OULTON, Charles Anthony Percival | Director | 2023-09-28 | Feb 1964 | British |
| PINCH, Steven John | Director | 2026-03-23 | Jan 1965 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURGOYNE, Jack | Director | 2013-03-14 | 2015-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Kit Burgoyne | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr Paul Nicholas Murphy | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 47 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-11 RESOLUTIONS Resolution
- 2023-10-07 RESOLUTIONS Resolution
- 2023-10-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-10 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-08 | CH01 | officers | Change person director company with change date | |
| 2024-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-11 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-09 | SH01 | capital | Capital allotment shares | |
| 2023-10-07 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-07 | MA | incorporation | Memorandum articles | |
| 2023-10-07 | SH08 | capital | Capital name of class of shares | |
| 2023-05-10 | AA01 | accounts | Change account reference date company current extended | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-05-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.