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ASPIRE ENGINEERING LIMITED Financials

Company number
09397945Copy
Copy
Registered office
Winchester House, Deane Gate Avenue, Taunton, Somerset TA1 2UH
Incorporated
20/01/2015

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£63.10K2025
-48.77%vs 2024

2024: £123.17K

Total Assets

£71.89K2025
-41.42%vs 2024

2024: £122.72K

Total Liabilities

£8.79K2025
2.06K%vs 2024

2024: £-449.00

Employees

42025
-3vs 2024

2024: 7

In 2025, ASPIRE ENGINEERING LIMITED reported net assets of £63.10K. The same filing shows total assets of £71.89K and total liabilities of £8.79K. Reported headcount was 4 in 2025. Net Assets fell from £123.17K in 2024 to £63.10K in 2025 (-48.77%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£63.10K2025
-48.77%from £123.17K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures ASPIRE ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£172.70K2023£63.10K2025
-63.5%vs 2023

-39.6% a year compound (CAGR)

Total Assets

£203.24K2023£71.89K2025
-64.6%vs 2023

-40.5% a year compound (CAGR)

Total Liabilities

£30.54K2023£8.79K2025
-71.2%vs 2023

-46.3% a year compound (CAGR)

Employees

11202342025
-63.6%vs 2023-7

Biggest decrease

Total Liabilities-71.2%

£30.54K in 2023 to £8.79K in 2025

Every indicator Okredo holds for ASPIRE ENGINEERING LIMITED fell between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ASPIRE ENGINEERING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
87.77%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
12.23%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ASPIRE ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£153.24K172.79K172.70K123.17K63.10K
Total Assets£168.36K182.41K203.24K122.72K71.89K
Cash in Bank£–––––
Total Liabilities£15.12K9.62K30.54K-449.008.79K
Employees791174

ASPIRE ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ASPIRE ENGINEERING LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

ASPIRE ENGINEERING LIMITED reported net assets of £63.10K for 2025. That compares with £123.17K in 2024, a change of -48.77%.

ASPIRE ENGINEERING LIMITED reported total assets of £71.89K for 2025. That compares with £122.72K in 2024, a change of -41.42%.

ASPIRE ENGINEERING LIMITED reported total liabilities of £8.79K for 2025. That compares with £-449.00 in 2024, a change of 2.06K%.

ASPIRE ENGINEERING LIMITED reported 4 employees in 2025, compared with 7 in 2024.

Between 2023 and 2025, ASPIRE ENGINEERING LIMITED's net assets fell by 63.5%, total assets fell by 64.6%, total liabilities fell by 71.2% and employee numbers fell by 63.6%. Net assets contracted at 39.6% a year across the two years to 2025, from £172.70K to £63.10K. Reported headcount went from 11 in 2023 to 4 in 2025 (-7).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.