THE ASPIRE STAFFING GROUP LIMITED

Executive Summary

THE ASPIRE STAFFING GROUP LIMITED exhibits high financial risk due to significant negative net assets and ongoing losses, indicating solvency and liquidity challenges. While compliant with filings and demonstrating revenue growth, the company’s operational sustainability is questionable without further capital or improved profitability. Close scrutiny of cash flows and strategic plans is recommended for any investor consideration.

THE ASPIRE STAFFING GROUP LIMITED - Analysis Report

Company Number: 14094420

Analysis Date: 2025-07-29 16:37 UTC

1. Risk Rating: HIGH
   The company shows significant solvency and liquidity concerns, with net current liabilities sharply worsening to -£57,200 and negative shareholders' funds as of the latest accounts. Losses continue to accrue, indicating operational instability.

2. Key Concerns:

• Severe Negative Net Assets and Working Capital: The company recorded net liabilities of £57,200, deteriorating from negative £33,403 the prior year. Current liabilities of £57,358 far exceed the minimal current assets of £158.
• Continued Operating Losses: The latest period shows a loss of £23,798 on turnover of £114,227 despite employing 10 staff, suggesting operational inefficiency or a business model under strain.
• No Fixed Assets or Capital Reserves: The absence of fixed assets and reliance on negative equity raises questions about the company’s ability to secure financing or withstand financial shocks.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with accounts and confirmation statement filings, indicating adherence to regulatory requirements.
• Active Status and Established Management: The company remains active with a single director who is also a significant controller, suggesting continuity in governance.
• Growing Turnover: Turnover increased from £62,272 to £114,227 year-on-year, which, while currently loss-making, may indicate some revenue growth potential.

4. Due Diligence Notes:

• Investigate the company’s cash flow situation and creditor payment terms to assess immediate liquidity pressures.
• Examine the business model and contracts to understand why losses persist despite increased turnover and staffing.
• Review director and shareholder inter-company transactions or loans that might not appear on the balance sheet.
• Confirm if there are any contingent liabilities or off balance sheet obligations not disclosed.
• Understand future funding plans or restructuring strategies to address the negative equity position.