Company Overview
Ascension 691 Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 May 2020. Ascension 691 Ltd has been in business for 3 years and 11 months. The accounts status is micro entity and the accounts are next due on Thursday 29 February 2024.
Registered Address

Suite 53 792 Wilmslow Road, Didsbury, Manchester, M20 6UG
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Companies House Data
Company NameASCENSION 691 LTD
Company Number12601921
Registered Office AddressSUITE 53 792 WILMSLOW ROAD
 DIDSBURY
 M20 6UG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2020
Accounting Reference Date Day30
Accounting Reference Date Month5
Accounts Next Due Date29/02/2024
Accounts Last Made Up Date31/05/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/06/2021
Previous Company NameChanged Date
ASCENSION 361 LTD18 May 2020
Directors & Members
Show Resigned
Gail Clough - Director
(British, 51 years old, born April 1973)
Company Director - Appointed 17 July 2020
Active
Craig Shaw - Director
(British, 61 years old, born July 1963)
Managing Director - Appointed 20 April 2021
Active
Secretaries
Show Resigned
Gail Clough - Secretary
Appointed 17 July 2020
Active
Balance Sheet Unlock full report
Accounts Date 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 19,010 19,010
Current Assets 54,389 54,389
Creditors Due Within One Year 122,128 122,128
Working Cap -67,739 -67,739
Total Assets Less Current Liabilities -48,729 -48,729
Long-term Liabilities 0 0
Net Assets -48,729 -48,729
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds -48,729 -48,729
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021
Tangible Fixed Assets - -
Fixed Assets 25.9% 25.9%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 74.1% 74.1%
Creditors Due Within One Year 166.4% 166.4%
Net Current Assets Liabilities -92.3% -92.3%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - -
Called Up Share Capital - -
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve - -
Shareholder Funds -66.4% -66.4%
Capital Employed - -
Total Assets Less Current Liabilities -66.4% -66.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021
Liquidity Ratio 0.4 0.4
Solvency Ratio 0.6 0.6
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021
Assets 73,399 73,399
Debt 122,128 122,128
Net Assets/Debt -48,729 -48,729

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Satisfaction of charge 126019210001 in full
Registration of charge 126019210002, created on 13 September 2023
Confirmation statement made on 17 July 2023 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Previous accounting period shortened from 31 May 2022 to 30 May 2022
Confirmation statement made on 17 July 2022 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 17 July 2021 with updates
Registration of charge 126019210001, created on 25 June 2021
Appointment of Mr Craig Shaw as a director on 20 April 2021
Termination of appointment of Craig Shaw as a secretary on 17 July 2020
Appointment of Miss Gail Lesley Clough as a secretary on 17 July 2020
Confirmation statement made on 17 July 2020 with updates
Cessation of Craig Shaw as a person with significant control on 17 July 2020
Termination of appointment of Craig Shaw as a director on 17 July 2020
Notification of Gail Lesley Clough as a person with significant control on 17 July 2020
Appointment of Miss Gail Lesley Clough as a director on 17 July 2020
Resolutions
Incorporation

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