Global Aspire Ltd

Global Aspire Ltd, based in Leicester, UK, is a small, active company established 14 years ago. With a single employee and £139,138 in assets, it's a solo founder operation led by a director and owner, Seetharaman Suresh. The company maintains a real address and boasts a perfect 5.0 Google rating from one review. While it irregularly imports textile products, sets, used clothing, and rags (last import in 2020), its primary focus is exporting machinery, boilers, and mechanical appliances – a consistent activity spanning 60 months, with the latest shipment in December 2024.

The company’s website details a diverse range of services, from sourcing engineering products to providing healthcare procurement and even designing detailed engineering projects. It also highlights a Coco Peat division producing eco-friendly growing media and a Pavestone division importing Indian limestone for construction. Global Aspire’s website also mentions ICT solutions and laboratory equipment, suggesting a broad scope of operations. The company’s website also showcases testimonials from satisfied clients in the oil, gas, and marine industries.

Financially, Global Aspire Ltd presents a mixed picture. Cash bank on hand has decreased by 24% to £100,000, while current assets have also fallen by 4.1% to £140,000. Trade debtors have increased significantly by 720%, reaching £33,000, which could indicate delayed customer payments. However, creditors have decreased by 18%, suggesting improved debt management. Equity has also declined by 14% to £180,000. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the drop in equity raises questions. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s financial data also shows that amounts owed to directors increased by 23%, which could be a sign of increased investment or operational expenses. It’s also worth noting that the company’s net assets liabilities decreased by 7.1% to £200,000. Overall, Global Aspire Ltd seems to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 07559762, with a registered address at LE2 3PR, England, Leicester, 3 Carisbrooke Gardens.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.