aspire people limited
aspire people limited Company Information
Company Number
05276396
Website
aspirepeople.co.ukRegistered Address
2-3 emmanuel court reddicroft, sutton coldfield, B73 6BN
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Temporary employment agency activities
Telephone
03302211226
Next Accounts Due
May 2024
Group Structure
View All
Directors
Daniel Dawkins2 Years
Shareholders
michaela powell 88.5%
daniel dawkins 11.5%
View Allaspire people limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE PEOPLE LIMITED at £4.7m based on a Turnover of £18.1m and 0.26x industry multiple (adjusted for size and gross margin).
aspire people limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE PEOPLE LIMITED at £7.2m based on an EBITDA of £1.4m and a 5.18x industry multiple (adjusted for size and gross margin).
aspire people limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE PEOPLE LIMITED at £2.6m based on Net Assets of £1.6m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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Aspire People Limited Overview
Aspire People Limited is a live company located in sutton coldfield, B73 6BN with a Companies House number of 05276396. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in November 2004, it's largest shareholder is michaela powell with a 88.5% stake. Aspire People Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.1m with rapid growth in recent years.
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Aspire People Limited Health Check
Pomanda's financial health check has awarded Aspire People Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
0 Regular
2 Weak
Size
annual sales of £18.1m, make it larger than the average company (£8.6m)
£18.1m - Aspire People Limited
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (1.1%)
- Aspire People Limited
1.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a lower cost of product (22%)
27.8% - Aspire People Limited
22% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (3.9%)
7.6% - Aspire People Limited
3.9% - Industry AVG
Employees
with 487 employees, this is above the industry average (36)
487 - Aspire People Limited
36 - Industry AVG
Pay Structure
on an average salary of £5.4k, the company has a lower pay structure (£47.2k)
£5.4k - Aspire People Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £37.2k, this is less efficient (£205.4k)
£37.2k - Aspire People Limited
£205.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (50 days)
22 days - Aspire People Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (7 days)
2 days - Aspire People Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspire People Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (10 weeks)
36 weeks - Aspire People Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.9%, this is a lower level of debt than the average (72.3%)
55.9% - Aspire People Limited
72.3% - Industry AVG
aspire people limited Credit Report and Business Information
Aspire People Limited Competitor Analysis
Perform a competitor analysis for aspire people limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
aspire people limited Ownership
ASPIRE PEOPLE LIMITED group structure
Aspire People Limited has no subsidiary companies.
Ultimate parent company
ASPIRE PEOPLE LIMITED
05276396
aspire people limited directors
Aspire People Limited currently has 1 director, Mr Daniel Dawkins serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Dawkins | England | 39 years | Sep 2021 | - | Director |
ASPIRE PEOPLE LIMITED financials
Aspire People Limited's latest turnover from August 2022 is £18.1 million and the company has net assets of £1.6 million. According to their latest financial statements, Aspire People Limited has 487 employees and maintains cash reserves of £972.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,092,142 | 10,824,432 | 7,565,099 | |||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 13,068,419 | |||||||||||||
| Gross Profit | 5,023,723 | |||||||||||||
| Admin Expenses | 3,647,364 | |||||||||||||
| Operating Profit | 1,376,359 | 1,175,665 | 470,049 | |||||||||||
| Interest Payable | 75,154 | 27,376 | 23,460 | |||||||||||
| Interest Receivable | 61 | 1,867 | 796 | |||||||||||
| Pre-Tax Profit | 1,266 | 1,150,156 | 447,385 | |||||||||||
| Tax | -264,533 | -254,150 | -103,358 | |||||||||||
| Profit After Tax | -263,267 | 896,006 | 344,027 | |||||||||||
| Dividends Paid | 101,257 | 77,000 | 88,500 | |||||||||||
| Retained Profit | -364,524 | 819,006 | 255,527 | |||||||||||
| Employee Costs | 2,638,377 | 9,062,694 | 6,637,766 | |||||||||||
| Number Of Employees | 487 | 48 | 39 | 39 | 39 | 39 | 39 | 291 | 227 | |||||
| EBITDA* | 1,391,351 | 1,206,943 | 502,180 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,336 | 43,389 | 79,675 | 105,189 | 100,766 | 125,608 | 116,742 | 74,914 | 105,843 | 107,220 | 112,300 | 97,692 | 68,129 | 42,288 |
| Intangible Assets | 39,280 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 99,616 | 43,389 | 79,675 | 105,189 | 100,766 | 125,608 | 116,742 | 74,914 | 105,843 | 107,220 | 112,300 | 97,692 | 68,129 | 42,288 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,096,354 | 577,357 | 241,333 | 639,357 | 539,022 | 449,064 | 421,168 | 804,836 | 1,329,599 | 844,703 | 856,746 | 642,247 | 418,856 | 322,705 |
| Group Debtors | 1,153,662 | 1,973,662 | 2,453,662 | 1,082,414 | 1,082,414 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 352,515 | 151,812 | 357,706 | 220,072 | 190,070 | 430,348 | 566,327 | 58,449 | 43,258 | 213,946 | 0 | 0 | 0 | 0 |
| Cash | 972,185 | 2,432,817 | 1,036,743 | 1,796,019 | 1,792,954 | 2,383,580 | 2,397,640 | 2,281,961 | 1,014,981 | 169,127 | 41,162 | 10,318 | 11,974 | 139,659 |
| misc current assets | 0 | 0 | 17,358 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,574,716 | 5,135,648 | 4,106,802 | 3,737,862 | 3,604,460 | 3,262,992 | 3,385,135 | 3,145,246 | 2,387,838 | 1,227,776 | 897,908 | 652,565 | 430,830 | 462,364 |
| total assets | 3,674,332 | 5,179,037 | 4,186,477 | 3,843,051 | 3,705,226 | 3,388,600 | 3,501,877 | 3,220,160 | 2,493,681 | 1,334,996 | 1,010,208 | 750,257 | 498,959 | 504,652 |
| Bank overdraft | 200,000 | 0 | 0 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 94,748 | 11,756 | 0 | 37,913 | 28,698 | 20,122 | 149,415 | 917,116 | 933,994 | 42,312 | 525,334 | 494,599 | 414,583 | 333,133 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,102,192 | 541,483 | 487,968 | 283,688 | 481,621 | 495,956 | 647,542 | 0 | 0 | 549,168 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,396,940 | 553,239 | 487,968 | 321,632 | 510,319 | 516,078 | 796,957 | 917,116 | 933,994 | 591,480 | 525,334 | 494,599 | 414,583 | 333,133 |
| loans | 650,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 5,730 | 1,712 | 1,344 | 4,076 | 5,418 | 8,907 | 12,499 | 13,543 | 14,916 | 17,751 | 14,636 | 11,310 | 3,179 | 1,200 |
| total long term liabilities | 655,730 | 1,001,712 | 1,344 | 4,076 | 5,418 | 8,907 | 12,499 | 13,543 | 14,916 | 17,751 | 14,636 | 11,310 | 3,179 | 1,200 |
| total liabilities | 2,052,670 | 1,554,951 | 489,312 | 325,708 | 515,737 | 524,985 | 809,456 | 930,659 | 948,910 | 609,231 | 539,970 | 505,909 | 417,762 | 334,333 |
| net assets | 1,621,662 | 3,624,086 | 3,697,165 | 3,517,343 | 3,189,489 | 2,863,615 | 2,692,421 | 2,289,501 | 1,544,771 | 725,765 | 470,238 | 244,348 | 81,197 | 170,319 |
| total shareholders funds | 1,621,662 | 3,624,086 | 3,697,165 | 3,517,343 | 3,189,489 | 2,863,615 | 2,692,421 | 2,289,501 | 1,544,771 | 725,765 | 470,238 | 244,348 | 81,197 | 170,319 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,376,359 | 1,175,665 | 470,049 | |||||||||||
| Depreciation | 14,992 | 13,405 | 26,247 | 30,882 | 33,299 | 37,239 | 26,822 | 26,144 | 31,278 | 32,131 | 31,133 | 28,267 | 19,577 | 14,096 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -264,533 | -254,150 | -103,358 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -100,300 | -349,870 | 1,110,858 | 130,337 | 932,094 | -108,083 | 124,210 | -509,572 | 314,208 | 201,903 | 214,499 | 223,391 | 96,151 | 322,705 |
| Creditors | 82,992 | 11,756 | -37,913 | 9,215 | 8,576 | -129,293 | -767,701 | -16,878 | 891,682 | -483,022 | 30,735 | 80,016 | 81,450 | 333,133 |
| Accruals and Deferred Income | 560,709 | 53,515 | 204,280 | -197,933 | -14,335 | -151,586 | 647,542 | 0 | -549,168 | 549,168 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 4,018 | 368 | -2,732 | -1,342 | -3,489 | -3,592 | -1,044 | -1,373 | -2,835 | 3,115 | 3,326 | 8,131 | 1,979 | 1,200 |
| Cash flow from operations | 1,874,837 | 978,264 | 266,180 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -29,901 | -27,051 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -29,901 | -27,051 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -350,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -75,093 | -25,509 | -22,664 | |||||||||||
| cash flow from financing | -2,062,993 | -25,509 | -22,664 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,460,632 | 1,396,074 | -759,276 | 3,065 | -590,626 | -14,060 | 115,679 | 1,266,980 | 845,854 | 127,965 | 30,844 | -1,656 | -127,685 | 139,659 |
| overdraft | 200,000 | 0 | -31 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,660,632 | 1,396,074 | -759,245 | 3,034 | -590,626 | -14,060 | 115,679 | 1,266,980 | 845,854 | 127,965 | 30,844 | -1,656 | -127,685 | 139,659 |
P&L
August 2022turnover
18.1m
0%
operating profit
1.4m
0%
gross margin
27.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
1.6m
-0.55%
total assets
3.7m
-0.29%
cash
972.2k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
aspire people limited company details
company number
05276396
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
78200 - Temporary employment agency activities
incorporation date
November 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2-3 emmanuel court reddicroft, sutton coldfield, B73 6BN
last accounts submitted
August 2022
aspire people limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to aspire people limited. Currently there are 2 open charges and 5 have been satisfied in the past.
aspire people limited Companies House Filings - See Documents
| date | description | view/download |
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