Ascendion Engineering Solutions Europe Limited
09285802
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/04/2026
BRITISH · UNITED KINGDOM · Age 44
Also on 2 other boards
Persons with Significant Control
Hiten Patel
American · United States · Age 63
110, Allen Road, Basking Ridge, 07960
Notified 06/04/2016
CompanyRankvs 16547+ SIC 62090 peers69
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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 31/03/2020
Net Worth
£155k
Balance sheet strength
Cash
£830k
Cash in the bank
Net Current Assets
-£146k
Working capital
Current Assets
£2.9M
Current Liabilities
£3.0M
Fixed Assets
£105k
Debtors
£1.3M
Profit After Tax
-£226k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 0.95 | +£0 |
| 2019 | 1.04 | — |
Derived from filed accounts. Not audited figures.