Ascend Laboratories (uk) Limited

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ascend laboratories (uk) limited Company Information

Live

EstablishedMidHealthy

Company Number

09164483

Next Accounts

Dec 2025

Industry

Wholesale of pharmaceutical goods

Directors

Amit Ghare

Manish Narang

View All

Shareholders

alkem laboratories ltd

Group Structure

View All

Contact

Registered Address

elsley court, 20-22 great titchfield street, london, W1W 8BE

Website

ascend laboratories (uk) limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ASCEND LABORATORIES (UK) LIMITED at £2.9m based on a Turnover of £5m and 0.57x industry multiple (adjusted for size and gross margin).

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Ascend Laboratories (uk) Limited is a live company located in london, W1W 8BE with a Companies House number of 09164483. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in August 2014, it's largest shareholder is alkem laboratories ltd with a 100% stake. Ascend Laboratories (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.

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Pomanda's financial health check has awarded Ascend Laboratories (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

7 Weak

Size

annual sales of £5m, make it smaller than the average company (£25.9m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (5.7%)

EXPORT

Ascend Laboratories (Uk) Limited's latest turnover from March 2024 is estimated at £5 million and the company has net assets of £947.4 thousand. According to their latest financial statements, Ascend Laboratories (Uk) Limited has 5 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Turnover	5,014,007	4,615,780	3,173,141	3,527,114	3,236,669	5,685,546	1,858,169	640,037	502,356	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,739,451	3,529,530	2,449,811	2,715,359	2,472,139	4,401,774	1,451,132	592,033	386,649	24,607
Gross Profit	1,274,556	1,086,250	723,330	811,754	764,530	1,283,772	407,038	48,004	115,707	-24,607
Admin Expenses	1,205,309	1,009,231	665,395	741,300	657,951	1,224,709	279,603	26,664	20,352	9,764
Operating Profit	69,247	77,019	57,935	70,454	106,579	59,063	127,435	21,340	95,355	-34,371
Interest Payable	0	0	0	0	0	0	0	0	0	0
Interest Receivable	124,640	61,041	12,839	1,904	1,699	16,363	7,814	0	0	0
Pre-Tax Profit	193,887	138,059	70,774	72,358	108,278	75,426	135,249	21,340	95,355	-34,371
Tax	-48,472	-26,231	-13,447	-13,748	-20,573	-14,331	-25,697	2,535	-19,000	0
Profit After Tax	145,415	111,828	57,327	58,610	87,705	61,095	109,552	23,875	76,355	-34,371
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	145,415	111,828	57,327	58,610	87,705	61,095	109,552	23,875	76,355	-34,371
Employee Costs	359,085	332,136	310,723	298,119	280,287	327,540	320,597	246,978	127,478	42,718
Number Of Employees	5	5	5	5	5	6	6	5	3	1
EBITDA*	69,741	77,294	58,057	70,609	106,812	59,374	127,435	21,340	95,355	-34,371

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Tangible Assets	1,732	2,157	1,229	544	699	932	1,243	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,732	2,157	1,229	544	699	932	1,243	0	0	0
Stock & work in progress	2,046,638	1,341,371	1,232,313	1,419,857	562,537	990,886	423,272	176,340	69,309	0
Trade Debtors	1,063,897	1,082,568	511,017	656,865	893,197	582,417	248,168	215,726	116,039	0
Group Debtors	628,002	312,057	578,001	596,185	615,801	705,949	0	0	0	0
Misc Debtors	165,481	165,680	158,621	157,214	288,358	205,774	458,406	34,067	7,313	37,421
Cash	3,389,491	1,358,693	1,513,808	1,909,926	1,898,087	1,499,881	2,863,668	262,020	330,921	5,783
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	7,293,509	4,260,369	3,993,760	4,740,047	4,257,980	3,984,907	3,993,514	688,153	523,582	43,204
total assets	7,295,241	4,262,526	3,994,989	4,740,591	4,258,679	3,985,839	3,994,757	688,153	523,582	43,204
Bank overdraft	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	53,722	80,230	34,772	27,073	18,218	1,435,523	40,722	105,537	12,848	21,575
Group/Directors Accounts	5,828,862	3,093,506	3,132,276	3,959,429	3,519,465	2,176,337	3,602,929	405,239	340,400	0
other short term finances	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	435,266	286,814	137,793	121,268	146,785	37,473	75,695	11,518	28,350	6,000
total current liabilities	6,317,850	3,460,550	3,304,841	4,107,770	3,684,468	3,649,333	3,719,346	522,294	381,598	27,575
loans	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0
provisions	30,000	0	0	0	0	0	0	0	0	0
total long term liabilities	30,000	0	0	0	0	0	0	0	0	0
total liabilities	6,347,850	3,460,550	3,304,841	4,107,770	3,684,468	3,649,333	3,719,346	522,294	381,598	27,575
net assets	947,391	801,976	690,148	632,821	574,211	336,506	275,411	165,859	141,984	15,629
total shareholders funds	947,391	801,976	690,148	632,821	574,211	336,506	275,411	165,859	141,984	15,629

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Operating Activities
Operating Profit	69,247	77,019	57,935	70,454	106,579	59,063	127,435	21,340	95,355	-34,371
Depreciation	494	275	122	155	233	311	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0
Tax	-48,472	-26,231	-13,447	-13,748	-20,573	-14,331	-25,697	2,535	-19,000	0
Stock	705,267	109,058	-187,544	857,320	-428,349	567,614	246,932	107,031	69,309	0
Debtors	297,075	312,666	-162,625	-387,092	303,216	787,566	456,781	126,441	85,931	37,421
Creditors	-26,508	45,458	7,699	8,855	-1,417,305	1,394,801	-64,815	92,689	-8,727	21,575
Accruals and Deferred Income	148,452	149,021	16,525	-25,517	109,312	-38,222	64,177	-16,832	22,350	6,000
Deferred Taxes & Provisions	30,000	0	0	0	0	0	0	0	0	0
Cash flow from operations	-829,129	-176,182	419,003	-430,029	-1,096,621	46,442	-602,613	-133,740	-65,262	-44,217
Investing Activities
capital expenditure	-69	-1,203	-807	0	0	0	-1,243	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-69	-1,203	-807	0	0	0	-1,243	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	2,735,356	-38,770	-827,153	439,964	1,343,128	-1,426,592	3,197,690	64,839	340,400	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	150,000	0	0	0	50,000	50,000
interest	124,640	61,041	12,839	1,904	1,699	16,363	7,814	0	0	0
cash flow from financing	2,859,996	22,271	-814,314	441,868	1,494,827	-1,410,229	3,205,504	64,839	390,400	50,000
cash and cash equivalents
cash	2,030,798	-155,115	-396,118	11,839	398,206	-1,363,787	2,601,648	-68,901	325,138	5,783
overdraft	0	0	0	0	0	0	0	0	0	0
change in cash	2,030,798	-155,115	-396,118	11,839	398,206	-1,363,787	2,601,648	-68,901	325,138	5,783

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for ascend laboratories (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.

ASCEND LABORATORIES (UK) LIMITED group structure

Ascend Laboratories (Uk) Limited has no subsidiary companies.

Ultimate parent company

ALKEM LABORATORIES LTD

#0094940

1 parent

ASCEND LABORATORIES (UK) LIMITED

09164483

ASCEND LABORATORIES (UK) LIMITED Shareholders

alkem laboratories ltd

100%

Ascend Laboratories (Uk) Limited currently has 4 directors. The longest serving directors include Mr Amit Ghare (Aug 2014) and Mr Manish Narang (Aug 2014).

officer	country	age	start	end	role
Mr Amit Ghare	United Kingdom	53 years	Aug 2014	-	Director
Mr Manish Narang	United Kingdom	54 years	Aug 2014	-	Director
Mr Amit Kumar	England	44 years	Sep 2016	-	Director
Mr Alok Verma	United Kingdom	69 years	Feb 2017	-	Director

P&L

March 2024

turnover

+9%

operating profit

69.2k

gross margin

25.5%

+8.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

947.4k

+0.18%

total assets

7.3m

+0.71%

cash

3.4m

+1.49%

net assets

Total assets minus all liabilities

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company number

09164483

Type

Private limited with Share Capital

industry

46460 - Wholesale of pharmaceutical goods

incorporation date

August 2014

ultimate parent company

ALKEM LABORATORIES LTD

previous names

N/A

address

elsley court, 20-22 great titchfield street, london, W1W 8BE

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.

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ascend laboratories (uk) limited Company Information

ascend laboratories (uk) limited Estimated Valuation

ascend laboratories (uk) limited Estimated Valuation

ascend laboratories (uk) limited Estimated Valuation

Ascend Laboratories (uk) Limited Overview

Ascend Laboratories (uk) Limited Health Check

ASCEND LABORATORIES (UK) LIMITED financials

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ascend laboratories (uk) limited Ownership

ascend laboratories (uk) limited directors

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