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ASPACE LIMITED
C/O ELWELL WATCHORN & SAXTON LLP 8 WARREN PARK WAY, ENDERBY, LEICESTER, LEICESTERSHIRE, LE19 4SACompany Number: 04121899
Incorporation date: 08-Dec-2000
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
46470 Wholesale of furniture, carpets and lighting equipment
47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
47910 Retail sale via mail order houses or via Internet
SUMMARY
This company is 23.4 years old and is currently liquidation. The company has negative equity (net assets) of GBP -83.6 thousand which has worsened since the previous year's figure of GBP 834.4 thousand. The latest reported revenue figure is GBP 8.6 million which is down -10% on the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -406.5 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 10 other companies, 2 (20.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Nov-2015Accounts Filed: GROUP (28-Feb-2014)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 28-Feb-2014 | GBP | 8,648,591 | -984,695 | 20 | 66,915 | 35,873 | -1,015,717 |
| 28-Feb-2013 | GBP | 9,881,929 | -442,483 | 16 | 38,899 | -481,366 | |
| 28-Feb-2012 | GBP | 14,920,407 | -845,341 | 9,271 | 41,449 | -813,163 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 28-Feb-2014 | GBP | 23,016 | 2,887,316 | 2,415,986 | 1,142,063 | 94,667 | 38,085 | -406,462 | -83,586 |
| 28-Feb-2013 | GBP | 383,090 | 2,837,422 | 2,700,195 | 3,927 | 94,667 | 48,685 | 507,904 | 834,409 |
| 28-Feb-2012 | GBP | 449,842 | 2,940,118 | 3,241,146 | 18,169 | 94,667 | 482,747 | -105,861 | 647,504 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Narindra GANESH | 17 Dec 2014 | 18 Apr 2024 | 1 - 0 | ||
| Resigned | Richard John AMESBURY-PAGE | 15 Apr 2009 | 28 May 2014 | 0 - 2 | ||
| Resigned | Craig William STODDART | 02 Oct 2002 | 27 Feb 2009 | 0 - 17 | ||
| Resigned | Robert Andrew DAWES | 08 Dec 2000 | 02 Oct 2002 | British | 6 - 30 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Narindra GANESH | 17 Dec 2014 | Finance Director | British | 3 - 9 | 2 (16.7%) | |
| Active | Caspar Thomas Graham WILLIAMS | 29 Apr 2013 | Company Director | British | 3 - 3 | 3 (50.0%) | |
| Resigned | Richard John AMESBURY-PAGE | 17 Mar 2010 | 28 May 2014 | Finance Director | British | 0 - 3 | 3 (100.0%) |
| Resigned | Paul CUNNINGHAM | 06 Feb 2002 | 26 Apr 2013 | Managing Director | British | 4 - 9 | 8 (61.5%) |
| Resigned | Craig William STODDART | 06 Feb 2002 | 27 Feb 2009 | Company Director | British | 0 - 17 | 8 (47.1%) |
| Resigned | SWIFT INCORPORATIONS LIMITED | 08 Dec 2000 | 08 Dec 2000 | 3 - 82643 | 35527 (43.0%) | ||
| Resigned | Christopher John William LUSTY | 08 Dec 2000 | 30 Oct 2015 | Company Director | British | 2 - 7 | 7 (77.8%) |
Average tenure of active directors: 10.2 years
Average tenure of resigned directors: 7.5 years
Average active director Dissolution Rate: 33.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
|||
|---|---|---|---|
| DANYAH MILLER STORYTELLER LTD (01256952) - Active | ✔ | ||
| NEAL'S YARD (NATURAL REMEDIES) LIMITED (01597194) - Active | ✔ | ||
| ASPACE MANUFACTURING LIMITED (01847152) - Dissolved | ✔ | ✔ | |
| ALL YOU NEED IS LOVE (UK) LIMITED (03784552) - Dissolved | ✔ | ||
| ASPACE LIMITED (04121899) - Liquidation | ✔ | ✔ | |
| SOURCEC.COM LIMITED (04641088) - Active | ✔ | ||
| NEAL'S YARD REMEDIES (INTERNATIONAL) LTD (06613143) - Active | ✔ | ||
| AXMINSTER CARPETS LIMITED (08463187) - Active | ✔ | ||
| ASPACE HOLDINGS LIMITED (09877304) - Active | ✔ | ||
| NG INTERIM FINANCE LIMITED (10045835) - Active | ✔ | ||
| CHOCOLOULOU LTD (13497807) - Active | ✔ |
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2015-12-08 | 2014-12-08 | 2013-12-08 | 2012-12-08 | 2011-12-08 | ||
| CASPAR GRAHAM WILLIAMS | ORDINARY | 94,667 100% | 0 0% | 0 0% | 0 0% | 0 0% |
| CHRISTOPHER JOHN WILLIAM LUSTY | ORDINARY | 0 0% | 94,667 100% | 89,667 94.7% | 81,667 86.3% | 81,667 86.3% |
| PAUL CUNNINGHAM | ORDINARY | 0 0% | 0 0% | 5,000 5.28% | 13,000 13.7% | 13,000 13.7% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
ASPACE LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
| Title | Date filed | Status | Publication number |
|---|---|---|---|
| Improvements in drop-side cot locking mechanisms | 2006-07-13 | Ceased | GB2440198 |
COMPETITORS
(Based on Sic code:
46470 Wholesale of furniture, carpets and lighting equipment)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| IKEA DISTRIBUTION SERVICES LIMITED | 100 AVEBURY BOULEVARD, MILTON KEYNES, UNITED KINGDOM, MK9 1FH | 03568682 | 2017-08-31 | 82,263,000 | 2,967,000 |
46499-Wholesale of household goods (other than musical instruments) not elsewhere classified |
| BENTLEY DESIGNS (UK) LIMITED | UNIT A1, SYMMETRY PARK, MORRELL WAY, BICESTER, ENGLAND, OX26 6GF | 02159353 | 2017-09-30 | 26,236,352 | 0 | |
| HEATSEAM LIMITED | C/O LIKEWISE GROUP PLC UNIT 4 RADIAL PARK, RADIAL WAY, BIRMINGHAM BUSINESS PARK, SOLIHULL, BIRMINGHAM, UNITED KINGDOM, B37 7WN | 03220392 | 2018-03-31 | 18,997,849 | 0 | |
| MAZE RATTAN LIMITED | BOWDEN HOUSE, 36 NORTHAMPTON ROAD, MARKET HARBOROUGH, LEICS, LE16 9HE | 06830840 | 2017-12-31 | 13,453,880 | 0 | |
| K J FLANAGAN & CO LTD | MILLPOND BUSINESS PARK, SAINTFIELD, BT24 7EP | NI041021 | 2017-09-30 | 12,447,959 | 0 | |
| RAMEZANI (LONDON) LIMITED | 38 FOURTH WAY, WEMBLEY, MIDDLESEX, HA9 0LH | 02847718 | 2017-12-31 | 1,452,602 | 0 | |
| CLARITION DESIGNS LIMITED | 25 MINERVA ROAD, LONDON, NW10 6HJ | 03672903 | 2016-11-30 | 1,154,366 | 0 | |
| EURO BEDS LTD | UNIT 1, MANOR STREET, MANCHESTER, M12 6HE | 09113232 | 2018-07-31 | 558,156 | 0 |
47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
| MAYFIELDS AFRICA EXPORTS LTD | 15 CHADWICK PLACE, LONG DITTON, SURBITON, ENGLAND, KT6 5RE | 07682168 | 2018-06-30 | 391,762 | 0 |
46499-Wholesale of household goods (other than musical instruments) not elsewhere classified |
| DAISALUX LIMITED | THE OLD GRANARY, DUNTON ROAD, LAINDON, ESSEX, UNITED KINGDOM, SS15 4DB | 09583350 | 2018-05-31 | 154,744 | 0 | |
| M.LYDON COMPANY LTD | UNIT 9 CREEKMOUTH IND ESTATE, 57 RIVER ROAD, BARKING, ESSEX, IG11 0DA | 07003377 | 2018-08-31 | 97,140 | 0 | |
| BINARY LIGHTING LIMITED | 7 CHURCH COURT, CHURCH ROAD, HAYWARDS HEATH, WEST SUSSEX, UNITED KINGDOM, RH16 3UE | 07897565 | 2018-03-31 | 85,663 | 0 | |
| KATWOOD LIMITED | 17 ELAND ROAD, CROYDON, SURREY, UNITED KINGDOM, CR0 4LJ | 08879534 | 2018-02-28 | 82,756 | 0 | |
| OZZMIUM LIMITED | 3 HORSTED SQUARE, BELLBROOK INDUSTRIAL ESTATE, UCKFIELD, ENGLAND, TN22 1QG | 07933609 | 2017-12-31 | 80,391 | 0 | |
| FURNITURE SHOWROOM LIMITED | UNIT 5, ANTHONY COURT, 41, CLYDE STREET, CLYDEBANK, DUNBARTONSHIRE, SCOTLAND, G81 1PF | SC395676 | 2018-03-31 | 69,659 | 0 | |
| LED PANEL PRO LTD | 20-22 WENLOCK ROAD, LONDON, N1 7GU | 09151882 | 2018-07-31 | 41,499 | 0 | |
| 1ST CHOICE OFFICE FURNITURE LIMITED | 4 OLD PARK LANE, LONDON, ENGLAND, W1K 1QW | 02977237 | 2017-12-31 | 17,108 | 0 | |
| ALARWOOL UK LTD | 19 THE CIRCLE, QUEEN ELIZABETH STREET, LONDON, ENGLAND, SE1 2JE | 10181527 | 2018-05-31 | 13,645 | 0 | |
| CARPET PRINT EUROPE LIMITED | 7 TACKFORD CLOSE, CASTLE BROMWICH, SOLIHULL, ENGLAND, B36 9TA | 09752801 | 2018-08-31 | 10,639 | 0 | |
| HUNDEL LIGHTING LIMITED | 71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ | 10598497 | 2018-02-28 | 7,166 | 0 | |
| FRANK HUDSON LIMITED | C/O GALLERY DIRECT LTD CASTLE ROAD, EUROLINK COMMERCIAL PARK, SITTINGBOURNE, KENT, ME10 3RN | 03302255 | 2018-12-31 | 0 | 0 |
47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| Company status | 100.0% | 99.4% | 99.9% | High |
| Other companies Active in the same sector | 0.4% | 3.0% | 8.2% | Medium |
| Age | 0.3% | 1.3% | 2.4% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.6% | 1.5% | 2.5% | Medium |
| Accounting Month | 0.5% | 2.1% | 5.6% | Medium |
| Sic code count | 0.8% | 4.4% | 8.7% | Medium |
