ASPIRE TECHNOLOGY ENTERPRISE LIMITED
Get an alert when ASPIRE TECHNOLOGY ENTERPRISE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.3M
-66.6% vs 2024
Net assets
-£102M
-47.3% vs 2024
Employees
316
+23.4% vs 2024
Profit before tax
-£33M
+0.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
4 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £39,859,831 | £53,913,920 | +35.3% | |
| Operating profit | -£22,387,950 | -£20,220,802 | +9.7% | |
| Profit before tax | -£33,092,068 | -£32,782,734 | +0.9% | |
| Net profit | -£32,718,198 | -£32,779,048 | -0.2% | |
| Cash | £6,787,706 | £2,268,595 | -66.6% | |
| Total assets less current liabilities | £35,374,873 | £18,954,238 | -46.4% | |
| Net assets | -£69,503,707 | -£102,405,974 | -47.3% | |
| Equity | -£69,503,707 | -£102,405,974 | -47.3% | |
| Average employees | 256 | 316 | +23.4% | |
| Wages | £11,093,080 | £13,092,374 | +18% | |
| Directors' remuneration | £527,002 | £636,079 | +20.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | -56.2% | -37.5% | |
| Net margin | -82.1% | -60.8% | |
| Return on capital employed | -63.3% | -106.7% | |
| Current ratio | 1.23x | 1.19x | |
| Interest cover | -2.16x | -1.75x |
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.
Name history
Renamed 1 time since incorporation
- ASPIRE TECHNOLOGY ENTERPRISE LIMITED 2022-03-29 → present
- TIMEC 1792 LIMITED 2021-11-15 → 2022-03-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- S&W Partners Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Directors consider the Group a going concern with sufficient liquidity to service ongoing obligations.”
Group structure
- ASPIRE TECHNOLOGY ENTERPRISE LIMITED · parent
- Aspire Technology Investment Limited 100%
- Aspire Solutions Holdings Limited 100%
- Aspire Solutions Group Limited 100%
- Aspire Technology Solutions Limited 100%
- Aspire Technology Solutions Commercial Limited 100%
Significant events
- “The acquisition of CloudCoco Limited in November added £4.5m of revenue to the outturn (8.5%) and will represent a larger proportion in the proceeding full year.”
- “Key strategic decisions, including the investment in Cloud Coco Limited, were made with a clear focus on the long-term prospect and resilience of the business. Significant investment was made in Scotland with the adoption of a new, larger office building in the City Centre and growth in capability through both increased resourcing and training.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOUGAN, Anthony James | Director | 2022-03-15 | Jul 1988 | British |
| FRASER, Chris Malcolm | Director | 2022-02-16 | Jan 1981 | British |
| HALL, Stuart William | Director | 2022-03-15 | Aug 1988 | British |
| HOWARD, Thomas Malcolm | Director | 2023-09-25 | Oct 1971 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MUCKLE SECRETARY LIMITED | Corporate Secretary | 2021-11-15 | 2022-02-16 |
| BARKER, Michael Denis | Director | 2022-03-15 | 2022-06-13 |
| BORRIE, Emma | Director | 2025-01-30 | 2025-07-31 |
| COULTON, Christopher Martin | Director | 2022-06-13 | 2023-05-19 |
| DAVISON, Andrew John | Director | 2021-11-15 | 2022-02-16 |
| FRASER, Robert Daniel | Director | 2022-03-15 | 2024-12-31 |
| HIPPERSON, Tim | Director | 2022-11-28 | 2025-11-26 |
| MARSHALL, Gareth Robertson | Director | 2022-03-15 | 2025-07-31 |
| MARSHALL, James | Director | 2025-07-31 | 2025-11-26 |
| MCDIARMID, Naomi | Director | 2023-06-29 | 2024-06-17 |
| NEVILLE, Geoffrey Leslie | Director | 2022-03-15 | 2022-11-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Crossco (1475) Limited | Corporate entity | Shares 75–100%, voting-rights-75-to-100-percent-as-trust, Appoints directors | 2025-11-26 | Active |
| Cfi 005 Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-10-30 | Ceased 2025-11-26 |
| Ldc Gp Llp | Corporate entity | Shares 25–50%, Voting 25–50% | 2023-09-01 | Ceased 2025-11-26 |
| Ldc (Managers) Limited | Corporate entity | Significant influence | 2023-09-01 | Ceased 2025-11-26 |
| Ldc (Nominees) Limited | Corporate entity | Shares 25–50% | 2022-03-15 | Ceased 2023-09-01 |
| Ldc Xi Lp | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-03-15 | Ceased 2022-03-15 |
| Ldc Parallel (Nominees) Limited | Corporate entity | ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm | 2022-03-15 | Ceased 2022-03-15 |
| Mr Chris Malcolm Fraser | Individual | Shares 50–75%, Voting 25–50% | 2022-02-16 | Ceased 2024-10-30 |
| Muckle Director Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-11-15 | Ceased 2022-02-16 |
Filing timeline
Last 20 of 88 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-28 MA Memorandum articles
- 2025-09-23 MA Memorandum articles
- 2025-09-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-28 | MA | incorporation | Memorandum articles | |
| 2025-12-27 | SH02 | capital | Capital alter shares subdivision | |
| 2025-12-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-12-27 | SH08 | capital | Capital name of class of shares | |
| 2025-12-09 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-05 | SH01 | capital | Capital allotment shares | |
| 2025-12-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-25 | SH01 | capital | Capital allotment shares | |
| 2025-09-23 | MA | incorporation | Memorandum articles | |
| 2025-09-23 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 5
- Officers appointed
- 0
- Officers resigned
- 4
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.