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Ascendant Projects Limited

11177886

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

JAME HOUSE, STOCKPORT, SK1 3HZ
Incorporated 30/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David Hugh Brown

director · Since 30/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr David Hugh Brown

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

James House, 11 Adcroft Street, Stockport, SK1 3HZ

Notified 30/01/2018

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 06/09/2019Registered 16/09/2019
Charge
outstanding

PARAGON BANK PLC

Created 12/10/2018Registered 20/10/2018

CompanyRankvs 155169+ SIC 68209 peers
33

Financial strength34th percentile among SIC peers · 9/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees9/15 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.

Longevity8/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£5

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£6k

Current Liabilities

£64k

Debtors

£1k

1avg. employees

Balance Sheet

Bank loans & overdrafts£173k
Assets less current liabilities£172k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09
20240.09
2023+£4k
20220.28+£4k
20210.11+£3k
20200.11
20190.25

Derived from filed accounts. Not audited figures.