aspire defence services limited
aspire defence services limited Company Information
Company Number
04556471
Website
www.aspiredefence.co.ukRegistered Address
aspire business centre, ordnance road, tidworth, wiltshire, SP9 7QD
Industry
Management of real estate on a fee or contract basis
Telephone
01980886000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
kellogg brown & root ltd 100%
aspire defence services limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE DEFENCE SERVICES LIMITED at £330.8m based on a Turnover of £136.3m and 2.43x industry multiple (adjusted for size and gross margin).
aspire defence services limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE DEFENCE SERVICES LIMITED at £205.3m based on an EBITDA of £22.9m and a 8.96x industry multiple (adjusted for size and gross margin).
aspire defence services limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE DEFENCE SERVICES LIMITED at £16.1m based on Net Assets of £8.7m and 1.85x industry multiple (adjusted for liquidity).
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Aspire Defence Services Limited Overview
Aspire Defence Services Limited is a live company located in tidworth, SP9 7QD with a Companies House number of 04556471. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in October 2002, it's largest shareholder is kellogg brown & root ltd with a 100% stake. Aspire Defence Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £136.3m with healthy growth in recent years.
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Aspire Defence Services Limited Health Check
Pomanda's financial health check has awarded Aspire Defence Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £136.3m, make it larger than the average company (£1.2m)
£136.3m - Aspire Defence Services Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (2.4%)
7% - Aspire Defence Services Limited
2.4% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (42.7%)
16.2% - Aspire Defence Services Limited
42.7% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (8%)
16.2% - Aspire Defence Services Limited
8% - Industry AVG
Employees
with 974 employees, this is above the industry average (12)
974 - Aspire Defence Services Limited
12 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£45k)
£40.3k - Aspire Defence Services Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £140k, this is more efficient (£103.7k)
£140k - Aspire Defence Services Limited
£103.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (35 days)
0 days - Aspire Defence Services Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (31 days)
15 days - Aspire Defence Services Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspire Defence Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (21 weeks)
16 weeks - Aspire Defence Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.1%, this is a similar level of debt than the average (83.5%)
76.1% - Aspire Defence Services Limited
83.5% - Industry AVG
ASPIRE DEFENCE SERVICES LIMITED financials
Aspire Defence Services Limited's latest turnover from December 2022 is £136.3 million and the company has net assets of £8.7 million. According to their latest financial statements, Aspire Defence Services Limited has 974 employees and maintains cash reserves of £8.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 136,340,000 | 132,944,000 | 124,957,000 | 112,699,000 | 109,814,000 | 92,621,000 | 93,812,000 | 93,785,000 | 96,954,000 | 92,922,000 | 87,959,000 | 83,996,000 | 86,163,000 | 76,450,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 114,299,000 | 104,714,000 | 98,508,000 | 91,956,000 | 84,100,000 | 79,681,000 | 73,662,000 | 68,214,000 | 70,969,000 | 64,231,000 | 68,037,000 | 67,045,000 | 67,170,000 | 60,894,000 |
| Gross Profit | 22,041,000 | 28,230,000 | 26,449,000 | 20,743,000 | 25,714,000 | 12,940,000 | 20,150,000 | 25,571,000 | 25,985,000 | 28,691,000 | 19,922,000 | 16,951,000 | 18,993,000 | 15,556,000 |
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Operating Profit | 22,041,000 | 28,230,000 | 26,449,000 | 20,743,000 | 25,714,000 | 12,940,000 | 20,150,000 | 25,571,000 | 25,985,000 | 28,691,000 | 18,993,000 | 15,556,000 | ||
| Interest Payable | 0 | 0 | 3,000 | 17,000 | 9,000 | 61,000 | 0 | 0 | 0 | 443,000 | 89,000 | 126,000 | 51,000 | 0 |
| Interest Receivable | 19,000 | 2,000 | 17,000 | 158,000 | 94,000 | 35,000 | 22,000 | 32,000 | 51,000 | 558,000 | 40,000 | 33,000 | 39,000 | 211,000 |
| Pre-Tax Profit | 22,060,000 | 28,232,000 | 26,463,000 | 20,884,000 | 20,399,000 | 12,914,000 | 20,172,000 | 25,603,000 | 26,036,000 | 28,806,000 | 19,873,000 | 16,858,000 | 18,981,000 | 15,767,000 |
| Tax | -4,227,000 | -5,415,000 | -5,212,000 | -4,223,000 | 1,000 | -2,211,000 | -4,281,000 | -4,953,000 | -5,742,000 | -6,766,000 | -5,390,000 | -4,377,000 | -5,167,000 | -4,785,000 |
| Profit After Tax | 17,833,000 | 22,817,000 | 21,251,000 | 16,661,000 | 20,400,000 | 10,703,000 | 15,891,000 | 20,650,000 | 20,294,000 | 22,040,000 | 14,483,000 | 12,481,000 | 13,814,000 | 10,982,000 |
| Dividends Paid | 20,600,000 | 25,900,000 | 20,100,000 | 35,000,000 | 204,000 | 15,200,000 | 16,700,000 | 20,800,000 | 11,600,000 | 20,000,000 | 12,500,000 | 0 | 0 | 0 |
| Retained Profit | -2,767,000 | -3,083,000 | 1,151,000 | -18,339,000 | 20,196,000 | -4,497,000 | -809,000 | -150,000 | 8,694,000 | 2,040,000 | 1,983,000 | 12,481,000 | 13,814,000 | 10,982,000 |
| Employee Costs | 39,208,000 | 37,102,000 | 36,048,000 | 34,215,000 | 32,495,000 | 31,415,000 | 29,809,000 | 26,981,000 | 26,766,000 | 26,577,000 | 26,615,000 | 27,492,000 | 26,714,000 | 25,811,000 |
| Number Of Employees | 974 | 996 | 1,015 | 984 | 962 | 954 | 887 | 825 | 804 | 830 | 853 | 888 | 887 | 883 |
| EBITDA* | 22,906,000 | 29,070,000 | 27,244,000 | 21,676,000 | 26,965,000 | 14,152,000 | 21,002,000 | 26,195,000 | 26,591,000 | 29,355,000 | 19,651,000 | 16,448,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,227,000 | 2,566,000 | 2,393,000 | 2,455,000 | 2,895,000 | 2,914,000 | 2,922,000 | 3,083,000 | 3,360,000 | 3,659,000 | 4,006,000 | 4,528,000 | 4,454,000 | 4,790,000 |
| Intangible Assets | 2,224,000 | 2,095,000 | 2,169,000 | 2,256,000 | 2,685,000 | 2,842,000 | 2,466,000 | 1,830,000 | 897,000 | 38,000 | 34,000 | 83,000 | 0 | 0 |
| Investments & Other | 0 | 659,000 | 0 | 0 | 0 | 0 | 0 | 426,000 | 239,000 | 367,000 | 561,000 | 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 | 4,451,000 | 5,320,000 | 4,562,000 | 4,711,000 | 5,580,000 | 5,756,000 | 5,388,000 | 5,339,000 | 4,496,000 | 4,064,000 | 4,601,000 | 4,611,000 | 4,454,000 | 4,790,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 285,000 | 0 | 655,000 | 629,000 | 719,000 | 1,353,000 | 1,606,000 | 426,000 | 972,000 |
| Trade Debtors | 33,000 | 61,000 | 78,000 | 14,033,000 | 10,966,000 | 14,876,000 | 21,099,000 | 20,230,000 | 15,759,000 | 12,814,000 | 9,631,000 | 9,948,000 | 16,980,000 | 15,851,000 |
| Group Debtors | 20,778,000 | 22,490,000 | 16,320,000 | 783,000 | 847,000 | 1,130,000 | 227,000 | 1,371,000 | 3,910,000 | 2,689,000 | 4,923,000 | 2,933,000 | 315,000 | 5,560,000 |
| Misc Debtors | 2,738,000 | 1,342,000 | 1,219,000 | 1,397,000 | 2,145,000 | 1,095,000 | 1,000,000 | 822,000 | 488,000 | 430,000 | 668,000 | 746,000 | 386,000 | 581,000 |
| Cash | 8,375,000 | 3,778,000 | 22,617,000 | 13,530,000 | 26,873,000 | 454,000 | 374,000 | 1,585,000 | 5,006,000 | 3,124,000 | 5,351,000 | 7,563,000 | 4,610,000 | 6,462,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,924,000 | 27,671,000 | 40,234,000 | 29,743,000 | 40,831,000 | 17,840,000 | 22,700,000 | 24,663,000 | 25,792,000 | 19,776,000 | 21,926,000 | 22,796,000 | 22,717,000 | 29,426,000 |
| total assets | 36,375,000 | 32,991,000 | 44,796,000 | 34,454,000 | 46,411,000 | 23,596,000 | 28,088,000 | 30,002,000 | 30,288,000 | 23,840,000 | 26,527,000 | 27,407,000 | 27,171,000 | 34,216,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 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 | 4,803,000 | 791,000 | 336,000 | 1,679,000 | 1,454,000 | 3,440,000 | 1,893,000 | 2,051,000 | 1,565,000 | 2,101,000 | 2,226,000 | 1,574,000 | 2,416,000 | 1,708,000 |
| Group/Directors Accounts | 11,158,000 | 5,519,000 | 8,083,000 | 8,000 | 109,000 | 467,000 | 19,000 | 30,000 | 484,000 | 268,000 | 842,000 | 4,069,000 | 1,610,000 | 129,000 |
| 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 | 10,976,000 | 13,968,000 | 21,450,000 | 19,082,000 | 13,013,000 | 8,114,000 | 9,852,000 | 10,792,000 | 11,455,000 | 13,268,000 | 15,779,000 | 16,564,000 | 17,644,000 | 27,915,000 |
| total current liabilities | 26,937,000 | 20,278,000 | 29,869,000 | 20,769,000 | 14,576,000 | 12,021,000 | 11,764,000 | 12,873,000 | 13,504,000 | 15,637,000 | 18,847,000 | 22,207,000 | 21,670,000 | 29,752,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,585,000 | 3,157,000 |
| 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 | 139,000 | 428,000 | 145,000 | 219,000 | 31,000 | 112,000 | 197,000 | 383,000 | 129,000 | 97,000 | 1,395,000 | 1,243,000 | 1,243,000 | 0 |
| total long term liabilities | 748,000 | 428,000 | 455,000 | 330,000 | 585,000 | 421,000 | 2,431,000 | 383,000 | 129,000 | 97,000 | 1,395,000 | 1,330,000 | 2,946,000 | 3,575,000 |
| total liabilities | 27,685,000 | 20,706,000 | 30,324,000 | 21,099,000 | 15,161,000 | 12,442,000 | 14,195,000 | 13,256,000 | 13,633,000 | 15,734,000 | 20,242,000 | 23,537,000 | 24,616,000 | 33,327,000 |
| net assets | 8,690,000 | 12,285,000 | 14,472,000 | 13,355,000 | 31,250,000 | 11,154,000 | 13,893,000 | 16,746,000 | 16,655,000 | 8,106,000 | 6,285,000 | 3,870,000 | 2,555,000 | 889,000 |
| total shareholders funds | 8,690,000 | 12,285,000 | 14,472,000 | 13,355,000 | 31,250,000 | 11,154,000 | 13,893,000 | 16,746,000 | 16,655,000 | 8,106,000 | 6,285,000 | 3,870,000 | 2,555,000 | 889,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 22,041,000 | 28,230,000 | 26,449,000 | 20,743,000 | 25,714,000 | 12,940,000 | 20,150,000 | 25,571,000 | 25,985,000 | 28,691,000 | 18,993,000 | 15,556,000 | ||
| Depreciation | 410,000 | 430,000 | 424,000 | 562,000 | 979,000 | 876,000 | 644,000 | 609,000 | 590,000 | 664,000 | 694,000 | 671,000 | 658,000 | 791,000 |
| Amortisation | 455,000 | 410,000 | 371,000 | 371,000 | 272,000 | 336,000 | 208,000 | 15,000 | 16,000 | 0 | 0 | 0 | 0 | 101,000 |
| Tax | -4,227,000 | -5,415,000 | -5,212,000 | -4,223,000 | 1,000 | -2,211,000 | -4,281,000 | -4,953,000 | -5,742,000 | -6,766,000 | -5,390,000 | -4,377,000 | -5,167,000 | -4,785,000 |
| Stock | 0 | 0 | 0 | 0 | -285,000 | 285,000 | -655,000 | 26,000 | -90,000 | -634,000 | -253,000 | 1,180,000 | -546,000 | 972,000 |
| Debtors | -344,000 | 6,276,000 | 1,404,000 | 2,255,000 | -3,143,000 | -5,225,000 | -97,000 | 2,266,000 | 4,224,000 | 711,000 | 1,595,000 | -4,054,000 | -4,311,000 | 21,992,000 |
| Creditors | 4,012,000 | 455,000 | -1,343,000 | 225,000 | -1,986,000 | 1,547,000 | -158,000 | 486,000 | -536,000 | -125,000 | 652,000 | -842,000 | 708,000 | 1,708,000 |
| Accruals and Deferred Income | -2,992,000 | -7,482,000 | 2,368,000 | 6,069,000 | 4,899,000 | -1,738,000 | -940,000 | -663,000 | -1,813,000 | -2,511,000 | -785,000 | -1,080,000 | -10,271,000 | 27,915,000 |
| Deferred Taxes & Provisions | -289,000 | 283,000 | -74,000 | 188,000 | -81,000 | -85,000 | -186,000 | 254,000 | 32,000 | -1,298,000 | 152,000 | 0 | 1,243,000 | 0 |
| Cash flow from operations | 19,754,000 | 10,635,000 | 21,579,000 | 21,680,000 | 33,226,000 | 16,605,000 | 16,189,000 | 19,027,000 | 14,398,000 | 18,578,000 | 11,021,000 | 18,322,000 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -321,000 | -169,000 | -12,028,000 | -12,822,000 | -11,306,000 | ||||
| Change in Investments | -659,000 | 659,000 | 0 | 0 | 0 | 0 | -426,000 | 187,000 | -128,000 | -194,000 | 561,000 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 426,000 | -187,000 | 128,000 | -127,000 | -730,000 | -12,028,000 | -12,822,000 | -11,306,000 | ||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,639,000 | -2,564,000 | 8,075,000 | -101,000 | -358,000 | 448,000 | -11,000 | -454,000 | 216,000 | -574,000 | -3,227,000 | 2,459,000 | 1,481,000 | 129,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,585,000 | -1,572,000 | 3,157,000 |
| 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 | 19,000 | 2,000 | 14,000 | 141,000 | 85,000 | -26,000 | 22,000 | 32,000 | 51,000 | 115,000 | -49,000 | -93,000 | -12,000 | 211,000 |
| cash flow from financing | 4,830,000 | -1,666,000 | 8,055,000 | 484,000 | -373,000 | 2,180,000 | -2,033,000 | -181,000 | 122,000 | -678,000 | -2,844,000 | -10,385,000 | -12,251,000 | -6,596,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 4,597,000 | -18,839,000 | 9,087,000 | -13,343,000 | 26,419,000 | 80,000 | -1,211,000 | -3,421,000 | 1,882,000 | -2,227,000 | -2,212,000 | 2,953,000 | -1,852,000 | 6,462,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,597,000 | -18,839,000 | 9,087,000 | -13,343,000 | 26,419,000 | 80,000 | -1,211,000 | -3,421,000 | 1,882,000 | -2,227,000 | -2,212,000 | 2,953,000 | -1,852,000 | 6,462,000 |
aspire defence services limited Credit Report and Business Information
Aspire Defence Services Limited Competitor Analysis
Perform a competitor analysis for aspire defence services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
aspire defence services limited Ownership
ASPIRE DEFENCE SERVICES LIMITED group structure
Aspire Defence Services Limited has no subsidiary companies.
Ultimate parent company
ASPIRE DEFENCE SERVICES LIMITED
04556471
aspire defence services limited directors
Aspire Defence Services Limited currently has 4 directors. The longest serving directors include Mr Matthew Jacobs (Nov 2020) and Mr Barry Donohoe (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Jacobs | England | 49 years | Nov 2020 | - | Director |
| Mr Barry Donohoe | United Kingdom | 52 years | Jan 2023 | - | Director |
| Ms Jennifer Hagen | United Kingdom | 51 years | Mar 2024 | - | Director |
| Mr Mark Carr | United Kingdom | 57 years | Mar 2024 | - | Director |
P&L
December 2022turnover
136.3m
+3%
operating profit
22m
-22%
gross margin
16.2%
-23.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.7m
-0.29%
total assets
36.4m
+0.1%
cash
8.4m
+1.22%
net assets
Total assets minus all liabilities
aspire defence services limited company details
company number
04556471
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
October 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
mowlem technical services limited (February 2003)
loopamber limited (December 2002)
incorporated
UK
address
aspire business centre, ordnance road, tidworth, wiltshire, SP9 7QD
last accounts submitted
December 2022
aspire defence services 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 did not find charges/mortgages relating to aspire defence services limited.
aspire defence services limited Companies House Filings - See Documents
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