Assent Building Compliance Limited
Registered name: ASSENT BUILDING COMPLIANCE LIMITED
Part of Alphabet Holdings BC Limited groupAssent Building Compliance Limited made £2.8m revenue and a £332k loss in the year to 31 Dec 2023.
Assent Building Compliance Limited’s revenue fell 58% to £2.8m in the year to 31 Dec 2023, with a loss of £332k and 71 employees. The company is classified under “other engineering activities” and is based in West Yorkshire; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- West Yorkshire, Yorkshire and The Humber
- Age
- 21 yrs · since 2004
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £25.8m | £6.6m | £2.8m |
| Cost of sales | £18.3m | £3.2m | £336k |
| Gross profit | £7.5m | £3.4m | £2.5m |
| Profit before tax | £1.7m | −£1.4m | −£354k |
| Profit after tax | £1.5m | −£1.1m | −£332k |
| Profit (best available) | £1.5m | −£1.1m | −£332k |
| Staff costs | £3m | £1.8m | £1.5m |
| Employees (average) | 81 | 70 | 71 |
| Ratios | |||
| Profit margin | 6% | −16.5% | −11.9% |
| Gross margin | 29.1% | 51.7% | 87.9% |
| Revenue per employee | £319k | £94.1k | £39.3k |
| Profit per employee | £19k | −£15.5k | −£4.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼74.5% | ▼57.6% |
| Profit growth | — | ▼170.7% | — |
| Headcount growth | — | ▼13.6% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.1m | £89.1k | £52.8k |
| Net assets | £2.6m | £1.5m | £1.2m |
| Fixed assets | £5.3m | £5.3m | £5.4m |
| Current assets | £5.5m | £1.9m | £2.1m |
| Debtors | £2.9m | £745k | £1.2m |
| Deferred income | £1.9m | £312k | £0 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −11.9%
- Profit ÷ revenue.
- Gross margin
- 87.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £39.3k
- Revenue ÷ average employees.
- Profit per employee
- −£4.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 192.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 41.9%
- 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
- ▼22%
- Now £1.2m
- Cash at bank
- ▼41%
- Now £52.8k
- Headcount
- ▲1%
- Now 71
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▲2%
- Now £5.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Alphabet Holdings BC Limitedultimate parent75–100%
- Assent Holdings Limited75–100%
- Assent Building Compliance Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- LB Building Control LimitedLiquidationFigures not disclosed
- Oculus Building Consultancy LimitedLiquidationFigures 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 −£332k), from the Companies House accounts bulk data published Dec 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.