How much does Ascertus Limited make?

Ascertus Limited reported revenue of £13.3m and £55k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Ascertus Limited have?

Ascertus Limited reported an average of 56 employees in the year to 31 Mar 2024.

Is Ascertus Limited profitable?

Yes — Ascertus Limited reported a profit of £55k in the year to 31 Mar 2024.

Company No. 08893788 · Incorporated 13 Feb 2014

Ascertus Limited

Registered name: ASCERTUS LIMITED

Part of Harbor Bidco Acquisitions Limited group

Ascertus Limited made £13.3m revenue and £55k profit in the year to 31 Mar 2024.

Ascertus Limited’s revenue grew 20% to £13.3m in the year to 31 Mar 2024, with £55k profit and 56 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
Age: 12 yrs · since 2014
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.

Latest accounts · year to 31 Mar 2024

Key figures

Capital-light

Revenue

£13.3m

Growth ▲20.1%

Profit

£55k

Growth ▼72.1%

Profit margin

0.4%

Gross 14%

Employees

Change ▲16.7%

Profit / employee

£983

Revenue/employee £238k

Profitable streak

2yrs

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£11.1m	£13.3m
Cost of sales	—	£9.5m	£11.5m
Gross profit	—	£1.6m	£1.9m
Operating profit	—	£248k	£98.8k
Profit before tax	—	£248k	£95.9k
Profit after tax	—	£197k	£55k
Profit (best available)	—	£197k	£55k
Staff costs	—	£3.4m	£4.4m
Employees (average)	43	48	56
Ratios
Profit margin	—	1.8%	0.4%
Gross margin	—	14.7%	14%
Revenue per employee	—	£231k	£238k
Profit per employee	—	£4.1k	£983
Growth (year on year)
Revenue growth	—	—	▲20.1%
Profit growth	—	—	▼72.1%
Headcount growth	—	▲11.6%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£728k	£464k	£1m
Net assets	£450k	£648k	£703k
Fixed assets	£74.5k	£66.5k	£31.8k
Current assets	£2.6m	£4.7m	£4.4m
Debtors	£1.4m	£3.6m	£2.4m
Deferred income	£1.3m	£2.6m	—
Source	FilletedAccounts · bulk data Dec 2023	FilletedAccounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 0.4%; Profit ÷ revenue.
Gross margin: 14%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £238k; Revenue ÷ average employees.
Profit per employee: £983; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.3%; 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: ▲9%; Now £703k
Cash at bank: ▲121%; Now £1m
Headcount: ▲17%; Now 56
Deferred income: —; Now —
Fixed assets: ▼52%; Now £31.8k

Corporate ownership

Group structure

Ownership chain

Harbor Bidco Acquisitions Limitedultimate parent75–100%
Pinnacle Oa Holdings Ltd75–100%
Harbor Global UK Professional Services Ltd75–100%
Ascertus Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Ce Back Office Managed Services LtdFigures not disclosed
Ce Contracting Holdings LimitedFigures not disclosed
Itrain Legal LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £55k), from the Companies House accounts bulk data published Oct 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.