true aspiration limited

2

true aspiration limited Company Information

Share TRUE ASPIRATION LIMITED
Live 
EstablishedMicroLow

Company Number

06821734

Registered Address

4 hillcourt avenue, london, N12 8HA

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Dipen Shah15 Years

Shareholders

dipen shah 100%

true aspiration limited Estimated Valuation

£49k

Pomanda estimates the enterprise value of TRUE ASPIRATION LIMITED at £49k based on a Turnover of £120.7k and 0.41x industry multiple (adjusted for size and gross margin).

true aspiration limited Estimated Valuation

£15k

Pomanda estimates the enterprise value of TRUE ASPIRATION LIMITED at £15k based on an EBITDA of £4.8k and a 3.1x industry multiple (adjusted for size and gross margin).

true aspiration limited Estimated Valuation

£134.1k

Pomanda estimates the enterprise value of TRUE ASPIRATION LIMITED at £134.1k based on Net Assets of £52.3k and 2.57x industry multiple (adjusted for liquidity).

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True Aspiration Limited Overview

True Aspiration Limited is a live company located in london, N12 8HA with a Companies House number of 06821734. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2009, it's largest shareholder is dipen shah with a 100% stake. True Aspiration Limited is a established, micro sized company, Pomanda has estimated its turnover at £120.7k with low growth in recent years.

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True Aspiration Limited Health Check

Pomanda's financial health check has awarded True Aspiration Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £120.7k, make it smaller than the average company (£3m)

£120.7k - True Aspiration Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4%)

1% - True Aspiration Limited

4% - Industry AVG

production

Production

with a gross margin of 17.4%, this company has a higher cost of product (38.4%)

17.4% - True Aspiration Limited

38.4% - Industry AVG

profitability

Profitability

an operating margin of 4% make it less profitable than the average company (6.5%)

4% - True Aspiration Limited

6.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (20)

1 - True Aspiration Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)

£43.7k - True Aspiration Limited

£43.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.7k, this is equally as efficient (£137.7k)

£120.7k - True Aspiration Limited

£137.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 161 days, this is later than average (39 days)

161 days - True Aspiration Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (34 days)

4 days - True Aspiration Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - True Aspiration Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - True Aspiration Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.3%, this is a lower level of debt than the average (60.4%)

2.3% - True Aspiration Limited

60.4% - Industry AVG

TRUE ASPIRATION LIMITED financials

EXPORTms excel logo

True Aspiration Limited's latest turnover from March 2023 is estimated at £120.7 thousand and the company has net assets of £52.3 thousand. According to their latest financial statements, True Aspiration Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover120,733127,873134,102117,284138,399148,43631,29844,0884,07315,42517,91427,49210,77648,126
Other Income Or Grants00000000000000
Cost Of Sales99,744106,830113,28197,300115,398123,77125,75036,4503,39412,84814,83522,5198,77238,788
Gross Profit20,98921,04320,82119,98423,00024,6655,5487,6386792,5773,0794,9732,0039,337
Admin Expenses16,16621,81921,49315,61518,80427,755621-3,520-3,653-1,616-2,940-9,9698,837-14,056
Operating Profit4,823-776-6724,3694,196-3,0904,92711,1584,3324,1936,01914,942-6,83423,393
Interest Payable00000000000000
Interest Receivable0000011710718415314478499748
Pre-Tax Profit4,823-776-6724,3694,196-2,9735,03411,3434,4854,3366,09714,991-6,73723,442
Tax-91600-830-7970-1,007-2,268-942-997-1,463-3,8980-6,564
Profit After Tax3,907-776-6723,5393,399-2,9734,0279,0743,5433,3394,63411,093-6,73716,878
Dividends Paid00000000000000
Retained Profit3,907-776-6723,5393,399-2,9734,0279,0743,5433,3394,63411,093-6,73716,878
Employee Costs43,67141,60540,00039,55238,36836,24535,52235,66835,61135,33034,78934,70234,25135,300
Number Of Employees11111111111111
EBITDA*4,823-776-6724,3694,196-3,0905,24411,5424,4084,2956,15515,123-6,59323,493

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets002545087621,0161,2701,155229305407543724400
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets002545087621,0161,2701,155229305407543724400
Stock & work in progress00000000000000
Trade Debtors53,52148,90749,45951,95350,87853,16011,7509,2661884,582002111,930
Group Debtors00000000000000
Misc Debtors00000000000000
Cash00000046,98338,56935,13526,12231,367019,40019,369
misc current assets000000069000030,55800
total current assets53,52148,90749,45951,95350,87853,16058,73348,52535,32330,70431,36730,55819,42131,299
total assets53,52148,90749,71352,46151,64054,17660,00349,68035,55231,00931,77431,10120,14531,699
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 1,2465395692,6455,36311,29816002,7521,7525,8569,8179,95414,771
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000013,9427,806000000
total current liabilities1,2465395692,6455,36311,29814,1027,8062,7521,7525,8569,8179,95414,771
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities1,2465395692,6455,36311,29814,1027,8062,7521,7525,8569,8179,95414,771
net assets52,27548,36849,14449,81646,27742,87845,90141,87432,80029,25725,91821,28410,19116,928
total shareholders funds52,27548,36849,14449,81646,27742,87845,90141,87432,80029,25725,91821,28410,19116,928
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit4,823-776-6724,3694,196-3,0904,92711,1584,3324,1936,01914,942-6,83423,393
Depreciation00000031738476102136181241100
Amortisation00000000000000
Tax-91600-830-7970-1,007-2,268-942-997-1,463-3,8980-6,564
Stock00000000000000
Debtors4,614-552-2,4941,075-2,28241,4102,4849,078-4,3944,5820-21-11,90911,930
Creditors707-30-2,076-2,718-5,93511,138160-2,7521,000-4,104-3,961-137-4,81714,771
Accruals and Deferred Income00000-13,9426,1367,806000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations0-254-254-254-254-47,3048,0495,2508,860-5,38873111,10949919,770
Investing Activities
capital expenditure0254254254254254-432-1,3100000-565-500
Change in Investments00000000000000
cash flow from investments0254254254254254-432-1,3100000-565-500
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000-50000000050
interest0000011710718415314478499748
cash flow from financing000006710718415314478499798
cash and cash equivalents
cash00000-46,9838,4143,4349,013-5,24531,367-19,4003119,369
overdraft00000000000000
change in cash00000-46,9838,4143,4349,013-5,24531,367-19,4003119,369

true aspiration limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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True Aspiration Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for true aspiration limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N12 area or any other competitors across 12 key performance metrics.

true aspiration limited Ownership

TRUE ASPIRATION LIMITED group structure

True Aspiration Limited has no subsidiary companies.

Ultimate parent company

TRUE ASPIRATION LIMITED

06821734

TRUE ASPIRATION LIMITED Shareholders

dipen shah 100%

true aspiration limited directors

True Aspiration Limited currently has 1 director, Mr Dipen Shah serving since Feb 2009.

officercountryagestartendrole
Mr Dipen Shah50 years Feb 2009- Director

P&L

March 2023

turnover

120.7k

-6%

operating profit

4.8k

0%

gross margin

17.4%

+5.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

52.3k

+0.08%

total assets

53.5k

+0.09%

cash

0

0%

net assets

Total assets minus all liabilities

true aspiration limited company details

company number

06821734

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

4 hillcourt avenue, london, N12 8HA

Bank

-

Legal Advisor

-

true aspiration 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 true aspiration limited.

charges

true aspiration limited Companies House Filings - See Documents

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