How much does Ascendal Group Limited make?

Ascendal Group Limited reported revenue of £22.2m and a loss of £1.5m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ascendal Group Limited have?

Ascendal Group Limited reported an average of 355 employees in the year to 31 Dec 2024.

Is Ascendal Group Limited profitable?

No — Ascendal Group Limited reported a loss of £1.5m in the year to 31 Dec 2024.

Company No. 11249843 · Incorporated 12 Mar 2018

Ascendal Group Limited

Registered name: ASCENDAL GROUP LIMITED

Ascendal Group Limited made £22.2m revenue and a £1.5m loss in the year to 31 Dec 2024.

Ascendal Group Limited’s revenue grew 18% to £22.2m in the year to 31 Dec 2024, with a loss of £1.5m and 355 employees. The company is classified under “development of building projects” and is based in Swavesey; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 52213Operation of bus and coach passenger facilities at bus and coach stations SIC 62090Other information technology service activities SIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Swavesey, East of England
Age: 8 yrs · since 2018
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentDoing more with lessCash flow filed

Revenue

£22.2m

Growth ▲18.4%

Profit

−£1.5m

Growth —

Profit margin

−6.7%

Gross 34%

Employees

355

Change ▼22%

Profit / employee

−£4.2k

Revenue/employee £62.7k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.5m	£14.9m	£18.8m	£22.2m
Cost of sales	£8.8m	£11.9m	£15m	£14.7m
Gross profit	£3.7m	£3m	£3.8m	£7.6m
Operating profit	−£2.6m	£2.1m	−£1.8m	−£967k
Profit before tax	−£3.6m	£1.6m	−£2.7m	−£2.1m
Profit after tax	−£2.4m	£445k	−£3.7m	−£1.5m
Profit (best available)	−£2.4m	£445k	−£3.7m	−£1.5m
Staff costs	£502k	£308k	£8.6m	£11m
Employees (average)	4	3	455	355
Ratios
Profit margin	−19%	3%	−19.6%	−6.7%
Gross margin	29.6%	19.9%	20.1%	34%
Revenue per employee	£3.1m	£5m	£41.3k	£62.7k
Profit per employee	−£595k	£148k	−£8.1k	−£4.2k
Cash conversion	—	41.4%	—	—
Growth (year on year)
Revenue growth	—	▲19.1%	▲26.3%	▲18.4%
Profit growth	—	—	▼927.2%	—
Headcount growth	—	▼25%	▲15067%	▼22%
Balance sheet — indirect signals, not revenue
Cash at bank	£317k	£33.3k	£95.5k	£18.2k
Net assets	−£3.8m	−£1.4m	−£5.1m	−£6.6m
Fixed assets	£884k	£852k	£3.3m	£3.3m
Current assets	£5.4m	£8m	£3.5m	£4.1m
Debtors	£0	£253k	£7.9k	£14.1k
Deferred income	£0	£0	£148k	£170k
Cash from operations	−£21.3k	£875k	£3.8m	£201k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −6.7%; Profit ÷ revenue.
Gross margin: 34%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £62.7k; Revenue ÷ average employees.
Profit per employee: −£4.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: —; Now −£6.6m
Cash at bank: ▼81%; Now £18.2k
Headcount: ▼22%; Now 355
Deferred income: ▲15%; Now £170k
Fixed assets: ▼0%; Now £3.3m

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

Corporate ownership

Group structure

Subsidiaries (4)

Ascendal Aviation LimitedFigures not disclosed
Ascendal Cambridge Bmco LimitedFigures not disclosed
Westbourne Village LimitedFigures not disclosed
Whippet Coaches 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 Dec 2024 (profit −£1.5m), from the Companies House accounts bulk data published Sep 2025. 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.