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Ascension-Q Limited

10833152

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 BURLINGTON AVENUE, ROMFORD, RM7 9JD
Incorporated 23/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Arshid Mahmud

director · Since 25/09/2017

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

CompanyRankvs 23219+ SIC 62012 peers
54

Financial strength89th percentile among SIC peers · 22/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Net Worth

£156k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£11k

Current Liabilities

£87k

Fixed Assets

£236k

1avg. employees+1

Balance Sheet

Assets less current liabilities£160k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£19k
20230.03-£77k
20212.44+£47k
20201.36+£85k
20190.98-£17k

Derived from filed accounts. Not audited figures.