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Aspire Design Limited·02960685

Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.

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Aspire Design Limited

ASPIRE DESIGN LIMITED·Company no. 02960685·United Kingdom

Active on the registerInc. 1994 · 31 yrs oldPrivate Limited CompanySIC 62090·Other information technology and computer service activities

The Firmwatch take

Aspire Design Limited (02960685) currently shows: Watch signal detected, based on accounts to 31 July 2024; last refreshed 24 May 2026. Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.

Companies House source·Accounts to 31 Jul 2024·Refreshed 24 May 2026·Methodology and caveats

Firmwatch signals are generated from public filings and are not credit ratings or financial advice.

Incorporated

19 August 1994

31 years on the register

Sector

Other information technology and computer service activities

SIC 62090

Size

Not classified

 

Net assets

£102k

Top 10% in sector

Cash at bank

Not disclosed

Not required for this filing type

Latest filing

None yet

 

Insolvency risk

Elevated insolvency risk

The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.

  • Negative working capital

    Short-term liabilities are higher than short-term assets in the public balance sheet.

  • Current ratio below 1.0

    Current assets are below current liabilities.

Sector benchmark · Information Technology

How this company compares in 116,863 IT firms

Top 10% in sector Aspire Design Limited shows £102k in net assets. Sector median is £2k.

£0Median £2k£113k

Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.

Money

What the balance sheet says

See the full balance sheet
WatchPeriod to 31 Jul 2024

Net assets

£102k

Top 10% in sector · sector median £2k · 116,863 IT firms

Cash

Not disclosed

Working cap.

−£9k

Median £6k

Current ratio

0.8×

Median 1.5×

Signals · 4

  • Positive net assets

    The latest filed accounts show assets exceeding liabilities.

  • Negative working capital

    Current liabilities exceed current assets in the extracted accounts.

  • Current ratio below 1.0

    Current assets are lower than current liabilities in the extracted accounts.

People

Who runs this company

See all 1
  • CM

    CLARKSON, Melvin Paul

    director · since 1994

Registered office

Address intelligence

WS7 3GN
Shared address

9 other companies registered here.

Common for accountants' offices and small business centres.

Address pattern · WS7 3GN

9 other UK companies registered at this postcode.

Active

8

Dissolved

1

Strike-off action

0

Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.

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© Firmwatch · Data sourced from Companies House under the Open Government Licence v3.0Last refresh · 24 May 2026