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Ascend Midlands Ltd

14313591

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

255/257 GROVE LANE, BIRMINGHAM, B20 2HA
Incorporated 23/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Mohammed Adaam Majeed

director · Since 23/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 2 other boards

Persons with Significant Control

Mr Mohammed Adaam Majeed

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

British · England · Age 28

255/257, Grove Lane, Birmingham, B20 2HA

Notified 23/08/2022

CompanyRankvs 5564+ SIC 68201 peers
54

Financial strength27th percentile among SIC peers · 7/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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5564Ascend Midlands Ltd
49
How is this score calculated?
Financial strength7/25 pts

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

Employees12/15 pts

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

Liquidity16/20 pts

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

Longevity4/15 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 31/08/2024

Net Worth

£1

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£35k

Current Liabilities

£19k

Fixed Assets

£17k

Debtors

£500

Profit After Tax

£78k

2avg. employees+2

Tax at Year End

Corp tax£17k
Dividends paid£50k

Balance Sheet

Assets less current liabilities£33k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.88

Derived from filed accounts. Not audited figures.