ASCENSE LTD

🌿Early-stageactive
13896032 · ltd · incorporated 2022-02-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£2.2k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 46450
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,249
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 61% YoY
Net Worth
£2k
↑ 481% YoY
Current Assets
£22k
↑ 59% YoY
Current Liabilities
-£591£4k£8k£13k£17k£22kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£2.2k£-591
Current assets£21.7k£13.6k
Cash£5.3k£13.6k
Debtors£15.0k
Net assets£2.2k£-591

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-08-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-12-05
    MEHRA, Kamal appointed
    director
  8. 2022-11-30
    📄
    capital-allotment-shares
    capital · SH01
  9. 2022-05-09
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2022-02-05
    🏢
    Company incorporated
    As ASCENSE LTD
  11. 2022-02-05
    KUMAR, Romin appointed
    director
  12. 2022-02-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Romin Kumar
Individual · British · DOB 11/1982 · age 44
75100%
75-100% shares05/02/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-02-05
Jurisdictionengland-wales
Primary SIC46450 — SIC 46450

Registered office

Compton House
Walnut Tree Close
Guildford
GU1 4TX
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (2 active · 0 resigned)

KUMAR, Romin
director · ~44y · appointed 2022-02-05
View their other companies + combined net worth →
Active
MEHRA, Kamal
director · ~40y · appointed 2022-12-05
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
appoint-person-director-company-with-name-date
officers · AP01
2022-12-08
capital-allotment-shares
capital · SH01
2022-11-30
change-account-reference-date-company-current-extended
accounts · AA01
2022-05-09
incorporation-company
incorporation · NEWINC
2022-02-05