ASPIRE LIVING LIMITED

1. ASPIRE LIVING LIMITED 2001-08-31 → present
2. MENCAP RESIDENTIAL (HEREFORDSHIRE) LIMITED 1992-06-04 → 2001-08-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the company can continue operating as a going concern. It places reliance on delivery of the Thera Trust Group Transformation plan which has already included, implementation of a new operational structure, and securing additional liquidity provided by a new £4.5m Invoice financing Facility. In addition Thera Trust - the parent company has decided to explore further group simplification. At the date of signing the financial statements, the details of how this simplification may take place, its timing and the implications for Aspire Living are still to be determined. The intra-group agreement remains in place and provides financial support to companies in the Group. On this basis the going concern basis of Aspire Living is satisfied.”

Significant events

• “Chatsworth Road transitioned to supported living in April 2025 following extensive multi-agency collaboration, including reassessments, capacity reviews, and family engagement.”
• “Secured a place on the Shropshire Supported Living Framework.”
• “Secured £80,000 of 'Levelling Up' grant funding through Herefordshire Council to provide Changing Places Facilities at The Hub, along with a sensory / physiotherapy room, this facility opened in April 2024.”
• “Aspire Living moved from having made a deficit of £584k in 2023-2024 to making a surplus of £598k in 2024-2025.”
• “On 1st July 2025, Aspire Living joined other Group companies providing care and support to implement a new operational structure.”
• “On 7th July 2025, Aspire Living joined Thera Trust and other Group companies providing care and support in securing a £4.5m Group Invoice financing facility.”
• “In August 2025 Thera Trust as the parent company of the Group decided to simplify the Group Structure.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +29.5%

  £8,780,687 → £11,366,626

• Cash

  -36.1%

  £422,598 → £270,221

• Net assets

  +194.7%

  £307,087 → £904,991

• Employees

  +21.5%

  321 → 390

• Wages

  +27.5%

  £6,360,773 → £8,112,601

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers