ASPA PROPERTIES LTD

Executive Summary

ASPA PROPERTIES LTD is a micro-entity operating in the UK real estate sector, focusing on property letting and buying/selling activities. Its current financials reveal a fragile position with negative net assets, reflecting limited scale and operational capacity relative to typical industry standards. As a niche player, it faces competitive pressures from larger, more diversified firms amid challenging market trends in real estate finance and regulation.

ASPA PROPERTIES LTD - Analysis Report

Company Number: 13645636

Analysis Date: 2025-07-20 13:40 UTC

1. Industry Classification
   ASPA PROPERTIES LTD operates primarily within the real estate sector, specifically under SIC codes 68209 (Other letting and operating of own or leased real estate), 68201 (Renting and operating of Housing Association real estate), and 68100 (Buying and selling of own real estate). This sector is characterized by property acquisition, management, leasing, and sales activities, often dependent on local market conditions, property demand, and economic cycles. Companies in this classification range from large commercial landlords to smaller niche property owners and developers.

2. Relative Performance
   ASPA PROPERTIES LTD is classified as a micro-entity with a micro account category, indicating a very small scale of operations (turnover ≤ £632k, balance sheet ≤ £316k, ≤ 10 employees). The company shows fixed assets of £215,000 and current liabilities of £223,854 at the 2025 year-end, resulting in negative net current assets and net liabilities of £5,069. This financial position is weak compared to typical industry benchmarks where even micro or small property companies usually maintain positive net assets to ensure operational sustainability. The lack of employees and minimal current assets (£3,785) further signifies limited operational activity or scale.

3. Sector Trends Impact
   The UK real estate sector has been influenced recently by factors such as rising interest rates, changing housing demand post-pandemic, and increased regulatory scrutiny, especially on rental properties and housing associations. Micro-entities in this sector often face challenges from market volatility, financing costs, and competition from larger firms with diversified portfolios and economies of scale. ASPA PROPERTIES LTD’s focus on renting and buying/selling own real estate places it directly in a market segment sensitive to these dynamics, potentially impacting liquidity and asset valuations. Furthermore, the niche in housing association real estate involves regulatory compliance and social housing demand, which can add operational complexity.

4. Competitive Positioning
   ASPA PROPERTIES LTD appears to be a very small, possibly family-run or closely held private limited company with both directors holding significant control (25-50% shares and voting rights each). Compared to typical competitors in the real estate letting and operating niche, the company’s financial position—negative net assets and absence of employees—suggests it is a niche player with limited scale and market reach. Its strengths may include low overheads and flexible decision-making, but weaknesses include constrained financial resources and potential vulnerability to market fluctuations. Larger competitors benefit from diversified property portfolios, access to capital, and professional management teams, providing greater resilience and growth potential.