Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
22a sylvan close, south croydon, CR2 8DS
Website
-
ascent assets limitedEstimated Valuation
£173.5k
Pomanda estimates the enterprise value of ASCENT ASSETS LIMITED at £173.5k based on a Turnover of £159.1k and 1.09x industry multiple (adjusted for size and gross margin).
ascent assets limitedEstimated Valuation
£276.1k
Pomanda estimates the enterprise value of ASCENT ASSETS LIMITED at £276.1k based on an EBITDA of £69.8k and a 3.96x industry multiple (adjusted for size and gross margin).
ascent assets limitedEstimated Valuation
£882.2k
Pomanda estimates the enterprise value of ASCENT ASSETS LIMITED at £882.2k based on Net Assets of £715.5k and 1.23x industry multiple (adjusted for liquidity).
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Ascent Assets LimitedOverview
Ascent Assets Limited is a live company located in south croydon, CR2 8DS with a Companies House number of 03570927. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 1998, it's largest shareholder is
elaine wendy efrat
with a 100% stake. Ascent Assets Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£159.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ascent Assets Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £159.1k, make it smaller than the average company (£5.4m)
£159.1k - Ascent Assets Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.7%)
6% - Ascent Assets Limited
7.7% - Industry AVG
Production
with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)
54.7% - Ascent Assets Limited
54.7% - Industry AVG
Profitability
an operating margin of 43.6% make it more profitable than the average company (9.2%)
43.6% - Ascent Assets Limited
9.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Ascent Assets Limited
12 - Industry AVG
Pay Structure
on an average salary of £80.6k, the company has an equivalent pay structure (£80.6k)
£80.6k - Ascent Assets Limited
£80.6k - Industry AVG
Efficiency
resulting in sales per employee of £159.1k, this is less efficient (£218.8k)
£159.1k - Ascent Assets Limited
£218.8k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (32 days)
28 days - Ascent Assets Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (41 days)
1 days - Ascent Assets Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 100 days, this is more than average (26 days)
100 days - Ascent Assets Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 124 weeks, this is more cash available to meet short term requirements (28 weeks)
124 weeks - Ascent Assets Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.8%, this is a lower level of debt than the average (70.3%)
17.8% - Ascent Assets Limited
70.3% - Industry AVG
ASCENT ASSETS LIMITED financials
EXPORT
Ascent Assets Limited's latest turnover from May 2024 is estimated at £159.1 thousand and the company has net assets of £715.5 thousand. According to their latest financial statements, Ascent Assets Limited has 1 employee and maintains cash reserves of £371.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
159,100
205,965
218,253
134,583
230,995
2,563,300
2,247,779
1,771,569
258,455
145,106
177,072
163,449
80,434
121,865
190,260
Other Income Or Grants
Cost Of Sales
72,133
89,081
89,987
54,570
92,203
1,059,600
901,879
707,898
91,164
50,918
68,132
62,349
32,608
50,314
82,741
Gross Profit
86,967
116,884
128,266
80,013
138,792
1,503,700
1,345,900
1,063,671
167,291
94,188
108,941
101,101
47,826
71,551
107,519
Admin Expenses
17,652
52,374
21,506
-38,410
48,865
1,440,115
1,253,151
1,009,013
45,070
85,774
112,069
78,622
48,906
33,978
107,223
Operating Profit
69,315
64,510
106,760
118,423
89,927
63,585
92,749
54,658
122,221
8,414
-3,128
22,479
-1,080
37,573
296
Interest Payable
Interest Receivable
25,475
24,138
4,504
409
195
191
719
524
326
259
223
142
39
Pre-Tax Profit
94,789
88,648
111,264
118,832
90,122
63,585
92,749
54,849
122,940
8,938
-2,802
22,738
-857
37,715
335
Tax
-23,697
-22,162
-21,140
-22,578
-17,123
-12,081
-17,622
-10,421
-24,588
-1,787
-5,230
-9,806
-94
Profit After Tax
71,092
66,486
90,124
96,254
72,999
51,504
75,127
44,428
98,352
7,150
-2,802
17,508
-857
27,909
241
Dividends Paid
Retained Profit
71,092
66,486
90,124
96,254
72,999
51,504
75,127
44,428
98,352
7,150
-2,802
17,508
-857
27,909
241
Employee Costs
80,577
75,073
74,313
69,072
69,518
984,047
814,825
633,639
123,560
58,918
59,978
58,925
56,925
58,338
111,989
Number Of Employees
1
1
1
1
1
14
12
10
2
1
1
1
1
1
2
EBITDA*
69,786
65,139
107,232
118,627
89,927
63,585
92,749
54,658
122,685
8,729
-2,813
22,794
-927
37,573
709
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
1,415
1,886
1,415
612
349
302
604
906
162
477
792
457
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,415
1,886
1,415
612
349
302
604
906
162
477
792
457
Stock & work in progress
19,828
25,341
20,484
15,194
Trade Debtors
12,562
25,580
28,882
11,813
25,908
353,303
305,438
235,103
31,946
12,010
20,330
19,594
8,283
14,261
24,228
Group Debtors
Misc Debtors
465,710
37,054
93,235
91,260
10,834
Cash
371,138
599,327
473,486
427,364
390,753
152,867
134,776
74,738
55,817
47,730
41,293
15,553
misc current assets
total current assets
869,238
687,302
616,087
545,631
427,495
353,303
305,438
235,103
184,813
146,786
95,068
75,411
56,013
55,554
39,781
total assets
870,653
689,188
617,502
546,243
427,844
353,303
305,740
235,707
185,719
146,948
95,545
76,203
56,470
55,554
39,781
Bank overdraft
Bank loan
Trade Creditors
234
30
25
24
33,243
37,184
42,338
38,214
97,795
53,542
31,398
29,173
27,400
39,536
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
154,900
44,731
39,536
58,402
36,281
total current liabilities
155,134
44,761
39,561
58,426
36,281
33,243
37,184
42,338
38,214
97,795
53,542
31,398
29,173
27,400
39,536
loans
hp & lease commitments
Accruals and Deferred Income
1,500
1,500
1,440
other liabilities
provisions
total long term liabilities
1,500
1,500
1,440
total liabilities
155,134
44,761
39,561
58,426
36,281
34,743
38,684
43,778
38,214
97,795
53,542
31,398
29,173
27,400
39,536
net assets
715,519
644,427
577,941
487,817
391,563
318,560
267,056
191,929
147,505
49,153
42,003
44,805
27,297
28,154
245
total shareholders funds
715,519
644,427
577,941
487,817
391,563
318,560
267,056
191,929
147,505
49,153
42,003
44,805
27,297
28,154
245
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
69,315
64,510
106,760
118,423
89,927
63,585
92,749
54,658
122,221
8,414
-3,128
22,479
-1,080
37,573
296
Depreciation
471
629
472
204
464
315
315
315
153
413
Amortisation
Tax
-23,697
-22,162
-21,140
-22,578
-17,123
-12,081
-17,622
-10,421
-24,588
-1,787
-5,230
-9,806
-94
Stock
-5,513
4,857
5,290
15,194
Debtors
415,638
-59,483
19,044
66,331
-316,561
47,865
70,335
203,157
19,936
-8,320
736
11,311
-5,978
-9,967
24,228
Creditors
204
5
1
24
-33,243
-3,941
-5,154
4,124
-59,581
44,253
22,144
2,225
1,773
-12,136
39,536
Accruals and Deferred Income
110,169
5,195
-18,866
22,121
34,781
60
1,440
Deferred Taxes & Provisions
Cash flow from operations
-253,663
102,803
42,893
36,669
390,903
-302
-302
-153,356
18,580
59,515
18,595
8,478
6,824
25,598
15,923
Investing Activities
capital expenditure
-1,100
-1,275
-467
-349
302
302
302
-1,208
-650
-610
-413
Change in Investments
cash flow from investments
-1,100
-1,275
-467
-349
302
302
302
-1,208
-650
-610
-413
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
4
-4
4
interest
25,475
24,138
4,504
409
195
191
719
524
326
259
223
142
39
cash flow from financing
25,475
24,138
4,504
409
199
187
719
524
326
259
223
142
43
cash and cash equivalents
cash
-228,189
125,841
46,122
36,611
390,753
-152,867
18,091
60,038
18,921
8,087
6,437
25,740
15,553
overdraft
change in cash
-228,189
125,841
46,122
36,611
390,753
-152,867
18,091
60,038
18,921
8,087
6,437
25,740
15,553
ascent assets limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ascent assets limited. Get real-time insights into ascent assets limited's credit score, group structure and payment trends.
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ascent assets limited Ownership
ASCENT ASSETS LIMITED group structure
Ascent Assets Limited has no subsidiary companies.
Ultimate parent company
ASCENT ASSETS LIMITED
03570927
ASCENT ASSETS LIMITED Shareholders
The sole shareholder of Ascent Assets Limited is Elaine Wendy Efrat.
elaine wendy efrat
100%
ascent assets limited directors
Ascent Assets Limited currently has 1 director, Mrs Elaine Efrat serving since May 1998.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
ANDREW CROSS & CO
auditor
-
address
22a sylvan close, south croydon, CR2 8DS
Bank
-
Legal Advisor
-
ascent assets limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to ascent assets limited.
ascent assets limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ascent assets limitedCompanies House Filings - See Documents
