ASITE LIMITED

1. ASITE LIMITED 2009-05-22 → present
2. ASITE PLC 2002-01-14 → 2009-05-22
3. PREMISYS TECHNOLOGIES PLC 2000-10-31 → 2002-01-14
4. PREMISYS GROUP PLC 1999-09-13 → 2000-10-31
5. WML GROUP PLC 1998-03-11 → 1999-09-13
6. WHINNEY MACKAY-LEWIS PLC 1986-08-28 → 1998-03-11
7. PLANFINAL PUBLIC LIMITED COMPANY 1986-03-25 → 1986-08-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing the forecasts on which the going concern basis has been based, the Directors have considered the existence of a material uncertainty which may cast doubt upon the Group's ability to continue as a going concern. The view of the Directors is that the only area of material judgement within the forecasts is the assumption around future sales growth. While the Directors are optimistic about the Group's ability to increase its recurring revenues, even on a sensitised basis assuming zero growth to the Group's current monthly recurring revenues, the Group would still have sufficient headroom within its cash and newly secured £15m borrowing facilities to meet its liabilities as they fall due and continue as a going concern. On this basis, the Directors are confident that no material uncertainty exists and that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. ASITE LIMITED · parent
   1. Asite Solutions Limited 99% · UK
   2. Asite 3D Repo Limited 100% · UK
   3. Asite Management Services Limited 100% · UK
   4. Asite Solutions Private Limited 99.7% · India
   5. Asite LLC 100% · US
   6. Asite Solutions PTY Ltd 100% · Australia
   7. Asite Solutions HK Limited 100% · Hong Kong
   8. Asite Solutions DMCC 100% · UAE
   9. Saudi Asite Company for communications and Info Technology 100% · KSA · communications and Info Technology
   10. Asite Solutions BV 100% · Netherlands

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +16.3%

  £19,331,066 → £22,480,315

• Cash

  -29.5%

  £1,330,137 → £938,319

• Net assets

  -37.3%

  £8,097,894 → £5,078,142

  lowest in 3 filed years

• Employees

  -0.4%

  482 → 480

• Operating profit

  +58.5%

  -£5,494,381 → -£2,279,544

• Profit before tax

  +52.4%

  -£5,823,103 → -£2,770,141

• Wages

  +14.1%

  £9,487,241 → £10,826,020

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers