ASPEN ADVISERS LIMITED
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Cash
£428k
+35.5% vs 2024
Net assets
£545k
+57.7% highest in 4 filed years
Employees
11
+37.5% highest in 4 filed years
Profit before tax
-£391k
+28.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
A material uncertainty exists specifically in relation to the company being able to achieve the required AuM levels to become profitable... The above events indicate that a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
Going-concern uncertainty disclosed
Net assets
4-year trend · vs Financials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £86,728 | £368,326 | £927,730 | +151.9% | |
| Operating profit | — | -£495,120 | -£557,870 | -£395,293 | +29.1% | |
| Profit before tax | — | -£488,237 | -£549,307 | -£390,636 | +28.9% | |
| Net profit | — | -£488,237 | -£555,469 | -£390,636 | +29.7% | |
| Cash | £8,933 | £476,729 | £315,596 | £427,548 | +35.5% | |
| Total assets less current liabilities | £25,468 | — | £345,826 | £545,404 | +57.7% | |
| Net assets | -£25,468 | £486,295 | £345,826 | £545,404 | +57.7% | |
| Equity | — | £486,295 | £345,826 | £545,404 | +57.7% | |
| Average employees | 2 | 4 | 8 | 11 | +37.5% | |
| Wages | — | £191,466 | £458,637 | £497,261 | +8.4% | |
| Directors' remuneration | — | £80,702 | £204,770 | £165,878 | -19% | |
| Directors' pension contributions | — | £991 | £2,642 | £2,536 | -4% | |
| Highest paid director | — | — | £95,488 | — | — |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -151.5% | -42.6% | |
| Net margin | — | — | -150.8% | -42.1% | |
| Return on capital employed | — | — | -161.3% | -72.5% | |
| Gearing (liabilities / total assets) | — | 11.0% | 18.3% | 15.7% | |
| Current ratio | — | 8.84x | 5.26x | 6.21x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“A material uncertainty exists specifically in relation to the company being able to achieve the required AuM levels to become profitable... The above events indicate that a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern.”
Significant events
- “On 30 January 2026, the company issued an additional 1,390 ordinary shares at a nominal value of £0.01 per share, for a total consideration of £119,000.”
- “On 7 April 2026, 4,500 ordinary shares at nominal value of £0.01 per share were cancelled by the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LIVINGSTON, Mark Brian | Director | 2023-12-01 | Mar 1982 | British |
| O'CONNOR, Brian Jeremiah | Director | 2022-05-18 | Apr 1973 | British |
| SPENCE, Andrew John | Director | 2022-05-18 | Feb 1983 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACKMAN, John Anthony Llewellyn | Director | 2026-04-27 | 2026-08-28 |
| FIELD, Wenda Natalie | Director | 2024-01-10 | 2025-12-24 |
| JACK, Angus Robert Harold | Director | 2023-02-15 | 2026-04-07 |
| SHARIF, Umer Khalid | Director | 2023-02-07 | 2024-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew John Spence | Individual | Shares 50–75%, Voting 50–75% | 2022-05-18 | Active |
Filing timeline
Last 20 of 43 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-05 RESOLUTIONS Resolution
- 2026-05-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-03 | CH01 | officers | Change person director company with change date | |
| 2026-06-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-11 | SH06 | capital | Capital cancellation shares | |
| 2026-05-11 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-05 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-05 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-05-05 | SH08 | capital | Capital name of class of shares | |
| 2026-05-05 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-27 | RP01SH01 | miscellaneous | Legacy | |
| 2026-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-30 | SH01 | capital | Capital allotment shares | |
| 2025-10-01 | SH01 | capital | Capital allotment shares | |
| 2025-10-01 | SH01 | capital | Capital allotment shares | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 7
- Officers appointed
- 0
- Officers resigned
- 3
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.