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.
- Status
- Liquidation
- Location
- Northampton, East Midlands
- Age
- 22 yrs · since 2003
- 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 2019 | 31 Dec 2020 | 31 Dec 2021 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 6 | 8 | 9 |
| 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 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
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.
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.