the ascension trust (scotland)
the ascension trust (scotland) Company Information
Company Number
SC371392
Next Accounts
Sep 2025
Industry
Other social work activities without accommodation n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
24, c/o brett nicholls associates, glasgow, G20 6NB
the ascension trust (scotland) Estimated Valuation
Pomanda estimates the enterprise value of THE ASCENSION TRUST (SCOTLAND) at £31.2k based on a Turnover of £64.7k and 0.48x industry multiple (adjusted for size and gross margin).
the ascension trust (scotland) Estimated Valuation
Pomanda estimates the enterprise value of THE ASCENSION TRUST (SCOTLAND) at £89.3k based on an EBITDA of £23k and a 3.89x industry multiple (adjusted for size and gross margin).
the ascension trust (scotland) Estimated Valuation
Pomanda estimates the enterprise value of THE ASCENSION TRUST (SCOTLAND) at £250.2k based on Net Assets of £83.2k and 3.01x industry multiple (adjusted for liquidity).
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The Ascension Trust (scotland) Overview
The Ascension Trust (scotland) is a live company located in glasgow, G20 6NB with a Companies House number of SC371392. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in January 2010, it's largest shareholder is unknown. The Ascension Trust (scotland) is a established, micro sized company, Pomanda has estimated its turnover at £64.7k with healthy growth in recent years.
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The Ascension Trust (scotland) Health Check
Pomanda's financial health check has awarded The Ascension Trust (Scotland) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £64.7k, make it smaller than the average company (£451.6k)
£64.7k - The Ascension Trust (scotland)
£451.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6%)
14% - The Ascension Trust (scotland)
6% - Industry AVG
Production
with a gross margin of 47.9%, this company has a comparable cost of product (47.9%)
47.9% - The Ascension Trust (scotland)
47.9% - Industry AVG
Profitability
an operating margin of 35.5% make it more profitable than the average company (3.9%)
35.5% - The Ascension Trust (scotland)
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - The Ascension Trust (scotland)
12 - Industry AVG
Pay Structure
on an average salary of £14.2k, the company has a lower pay structure (£25.1k)
£14.2k - The Ascension Trust (scotland)
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is less efficient (£43.1k)
£32.4k - The Ascension Trust (scotland)
£43.1k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (14 days)
155 days - The Ascension Trust (scotland)
14 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is slower than average (4 days)
15 days - The Ascension Trust (scotland)
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Ascension Trust (scotland)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1076 weeks, this is more cash available to meet short term requirements (253 weeks)
1076 weeks - The Ascension Trust (scotland)
253 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (10.8%)
3.3% - The Ascension Trust (scotland)
10.8% - Industry AVG
THE ASCENSION TRUST (SCOTLAND) financials
The Ascension Trust (Scotland)'s latest turnover from December 2023 is £64.7 thousand and the company has net assets of £83.2 thousand. According to their latest financial statements, The Ascension Trust (Scotland) has 2 employees and maintains cash reserves of £58 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,705 | 42,232 | 33,609 | 51,257 | 44,244 | 103,939 | 88,320 | 96,282 | 46,358 | 35,314 | 35,161 | 55,569 | 41,934 | 49,826 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 19,406 | 3,035 | 4,703 | 6,522 | -14,594 | 28,848 | 14,573 | 21,750 | -13,619 | 1,005 | -7,114 | 8,116 | -13,350 | 23,941 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 19,406 | 3,035 | 4,703 | 6,522 | -14,594 | 28,848 | 14,573 | 21,750 | -13,619 | 1,005 | -7,114 | 8,116 | -13,350 | 23,941 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 19,406 | 3,035 | 4,703 | 6,522 | -14,594 | 28,848 | 14,573 | 21,750 | -13,619 | 1,005 | -7,114 | 8,116 | -13,350 | 23,941 |
| Employee Costs | 28,370 | 26,515 | 19,140 | 22,903 | 30,577 | 30,845 | 30,850 | 27,272 | 13,112 | 15,249 | 24,663 | 25,383 | 9,189 | |
| Number Of Employees | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,567 | 13,377 | 12,241 | 5,134 | 1,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 494 | 448 | 444 | 635 | 0 | 1,250 | 1,520 | 2,396 | 2,075 | 4,436 | 3,100 | 500 | 500 | 1,248 |
| Cash | 57,961 | 53,055 | 51,384 | 59,937 | 50,121 | 64,487 | 35,305 | 27,825 | 12,716 | 10,938 | 14,243 | 19,924 | 11,783 | 24,988 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 86,022 | 66,880 | 64,069 | 65,706 | 51,303 | 65,737 | 36,825 | 30,221 | 14,791 | 15,374 | 17,343 | 20,424 | 12,283 | 26,236 |
| total assets | 86,022 | 66,880 | 64,069 | 65,706 | 51,303 | 65,737 | 36,825 | 30,221 | 14,791 | 15,374 | 17,343 | 20,424 | 12,283 | 26,236 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,456 | 1,909 | 2,207 | 0 | 1,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,200 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,343 | 1,154 | 1,080 | 9,627 | 0 | 1,587 | 1,523 | 1,492 | 5,612 | 2,776 | 5,750 | 1,717 | 1,692 | 2,295 |
| total current liabilities | 2,799 | 3,063 | 3,287 | 9,627 | 1,747 | 1,587 | 1,523 | 1,492 | 7,812 | 2,776 | 5,750 | 1,717 | 1,692 | 2,295 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,799 | 3,063 | 3,287 | 9,627 | 1,747 | 1,587 | 1,523 | 9,492 | 15,812 | 2,776 | 5,750 | 1,717 | 1,692 | 2,295 |
| net assets | 83,223 | 63,817 | 60,782 | 56,079 | 49,556 | 64,150 | 35,302 | 20,729 | -1,021 | 12,598 | 11,593 | 18,707 | 10,591 | 23,941 |
| total shareholders funds | 83,223 | 63,817 | 60,782 | 56,079 | 49,556 | 64,150 | 35,302 | 20,729 | -1,021 | 12,598 | 11,593 | 18,707 | 10,591 | 23,941 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,236 | 1,140 | 11,503 | 4,587 | -68 | -270 | -876 | 321 | -2,361 | 1,336 | 2,600 | 0 | -748 | 1,248 |
| Creditors | -453 | -298 | 460 | -1,747 | 1,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 189 | 74 | 1,080 | 9,627 | -1,587 | 64 | 31 | -4,120 | 2,836 | -2,974 | 4,033 | 25 | -603 | 2,295 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,200 | 2,200 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -8,000 | 0 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 6,523 | 1 | 0 | 0 | -8,000 | -2,200 | 10,200 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||||||
| cash | 4,906 | 1,671 | 1,263 | 9,816 | -14,366 | 29,182 | 7,480 | 15,109 | 1,778 | -3,305 | -5,681 | 8,141 | -13,205 | 24,988 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,906 | 1,671 | 1,263 | 9,816 | -14,366 | 29,182 | 7,480 | 15,109 | 1,778 | -3,305 | -5,681 | 8,141 | -13,205 | 24,988 |
the ascension trust (scotland) Credit Report and Business Information
The Ascension Trust (scotland) Competitor Analysis
Perform a competitor analysis for the ascension trust (scotland) by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in G20 area or any other competitors across 12 key performance metrics.
the ascension trust (scotland) Ownership
THE ASCENSION TRUST (SCOTLAND) group structure
The Ascension Trust (Scotland) has no subsidiary companies.
Ultimate parent company
THE ASCENSION TRUST (SCOTLAND)
SC371392
the ascension trust (scotland) directors
The Ascension Trust (Scotland) currently has 9 directors. The longest serving directors include Mr Shaw Anderson (Feb 2011) and Reverend Alexander Gunn (Feb 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaw Anderson | Scotland | 62 years | Feb 2011 | - | Director |
| Reverend Alexander Gunn | 81 years | Feb 2011 | - | Director | |
| Mr Andrew Carton | Scotland | 46 years | Sep 2018 | - | Director |
| Mrs Linda Burke | Scotland | 68 years | Apr 2020 | - | Director |
| Mr Gordon Methven | Scotland | 64 years | Apr 2020 | - | Director |
| Mr Simon Jeacocke | Scotland | 58 years | Oct 2020 | - | Director |
| Mr Bejoy Pal | United Kingdom | 37 years | Jan 2022 | - | Director |
| Rev David Locke | Scotland | 71 years | Aug 2023 | - | Director |
| Mr Stephen Cranston | Scotland | 39 years | Dec 2023 | - | Director |
P&L
December 2023turnover
64.7k
+53%
operating profit
23k
0%
gross margin
47.9%
+2.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
83.2k
+0.3%
total assets
86k
+0.29%
cash
58k
+0.09%
net assets
Total assets minus all liabilities
the ascension trust (scotland) company details
company number
SC371392
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
January 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
DAVID NICHOLLS
auditor
-
address
24, c/o brett nicholls associates, glasgow, G20 6NB
Bank
HSBC BANK PLC
Legal Advisor
WYLLIE & HENDERSON
the ascension trust (scotland) 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 the ascension trust (scotland).
the ascension trust (scotland) Companies House Filings - See Documents
| date | description | view/download |
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