Ascension Commercial Limited
07586400
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/03/2011
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 53
Also on 4 other boards
director · Since 31/03/2011
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 69
Also on 1 other board
CompanyRankvs 8166+ SIC 47990 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Turnover
£59k
Annual revenue
Net Worth
-£15k
Balance sheet strength
Cash
£88k
Cash in the bank
Profit Before Tax
-£6k
Bottom line earnings
Net Current Assets
£88k
Working capital
Current Assets
£122k
Current Liabilities
£33k
Debtors
£312
Cost of Sales
£55k
Gross Profit
£4k
Admin Expenses
£7k
Operating Profit
-£7k
Profit After Tax
-£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.65 | -£12k |
| 2023 | 3.28 | — |
Derived from filed accounts. Not audited figures.