The Ascent Group Limited
Registered name: THE ASCENT GROUP LIMITED
The Ascent Group Limited made £447k revenue and £129k profit in the year to 31 Dec 2023.
The Ascent Group Limited’s revenue grew 135% to £447k in the year to 31 Dec 2023, with £129k profit and 1 employee. The company is classified under “other professional, scientific and technical activities” and is based in Monmouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Monmouth, Wales
- Age
- 42 yrs · since 1984
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £190k | £447k |
| Gross profit | £190k | £447k |
| Operating profit | £109k | £157k |
| Profit before tax | £75.1k | £129k |
| Profit after tax | £75.1k | £129k |
| Profit (best available) | £75.1k | £129k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 39.6% | 28.8% |
| Gross margin | 100% | 100% |
| Revenue per employee | £190k | £447k |
| Profit per employee | £75.1k | £129k |
| Growth (year on year) | ||
| Revenue growth | — | ▲135.5% |
| Profit growth | — | ▲71.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £197k | £41.6k |
| Net assets | −£115k | £119k |
| Fixed assets | £185k | £255k |
| Current assets | £242k | £289k |
| Debtors | £44.6k | £87.3k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 28.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £447k
- Revenue ÷ average employees.
- Profit per employee
- £129k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 57%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £119k
- Cash at bank
- ▼79%
- Now £41.6k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲38%
- Now £255k
Group structure
Subsidiaries (2)
- Certraq LtdFigures not disclosed
- Codel LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £129k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.