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Company No. 04974713 · Incorporated 24 Nov 2003

Ardent Financing Group Limited

Registered name: ARDENT FINANCING GROUP LIMITED

Ardent Financing Group Limited made £1.4m revenue and £460k profit in the year to 31 Dec 2021. read from filing text

Ardent Financing Group Limited’s revenue grew 101% to £1.4m in the year to 31 Dec 2021, with £460k profit and 9 employees. The company is classified under “management consultancy activities other than financial management” and is based in Northampton; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management
Status
Liquidation
Location
Northampton, East Midlands
Age
22 yrs · since 2003
Type
Private Limited Company
Latest accounts · year to 31 Dec 2021

Key figures

IndependentSmall teamCapital-lightCash flow filed
Revenue
£1.4m
Growth ▲101%
Profit
£460k
Growth —
Profit margin
33%
 
Employees
9
Change ▲12.5%
Profit / employee
£51.1k
Revenue/employee £155k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 201931 Dec 202031 Dec 2021
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£531k£694k£1.4m
Operating profit−£115k−£49.3k£559k
Profit before tax−£110k−£49.3k£565k
Profit after tax−£93.2k−£49.3k£460k
Profit (best available)−£93.2k−£49.3k£460k
Staff costs£371k£503k£731k
Employees (average)689
Ratios
Profit margin−17.6%−7.1%33%
Revenue per employee£88.5k£86.7k£155k
Profit per employee−£15.5k−£6.2k£51.1k
Cash conversion——−83.9%
Growth (year on year)
Revenue growth—▲30.6%▲101%
Headcount growth—▲33.3%▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank£35.6k£231k£466k
Net assets£173k£23.8k£383k
Fixed assets£1.8k£7.8k£119k
Current assets£354k£454k£761k
Debtors£12k£7.2k£39.3k
Deferred income£58.5k£34.3k£52.9k
Cash from operations£131k−£222k−£469k
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023
Derived from the latest filing

How the business works

Profit margin
33%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£155k
Revenue ÷ average employees.
Profit per employee
£51.1k
Profit ÷ average employees.
Cash conversion
−83.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲1508%
Now £383k
Cash at bank
▲102%
Now £466k
Headcount
▲13%
Now 9
Deferred income
▲54%
Now £52.9k
Fixed assets
▲1429%
Now £119k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2021 (profit £460k), from the Companies House accounts bulk data published Oct 2023. 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.