ASCENT PERFORMANCE GROUP LIMITED

1. ASCENT PERFORMANCE GROUP LIMITED 2013-05-01 → present
2. ASCENT COLLECTIONS LIMITED 2008-12-22 → 2013-05-01
3. IMCO (172008) LIMITED 2008-11-05 → 2008-12-22

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence throughout the going concern period to 31 October 2026. Thus they continue to adopt the going concern basis in preparing the annual financial statements. [...] The company is currently subject to a non-binding acquisition offer as a going concern. If the acquisition were to complete within the going concern period, this would result in a change in ownership and financing structure: Whilst the Directors consider it likely that any new owners would continue operating the company as the going concern, as the new financing structure is yet to be formally agreed and as the Directors would not have control over the detailed plans or intentions of the potential acquirers for the operation of the company, this scenario constitutes a material uncertainty which may cast significant doubt over the company's ability to continue as a going concern. Given the parent support letter in place and management not being aware of any intentions of the potential acquirer to cease operations, the financial statements have been prepared on a going concern basis and do not include the adjustments that would result if the company could not continue as a going concern.”

Group structure

1. ASCENT PERFORMANCE GROUP LIMITED · parent
   1. Excel Collection and Enquiry Services Limited 100%

Significant events

• “loss of outsourced contracts in prior years”
• “upgrading the IT platform”
• “The company is currently subject to a non-binding acquisition offer as a going concern.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +18.6%

  £7,884,633 → £9,353,804

• Cash

  -22.7%

  £2,637,891 → £2,038,582

• Net assets

  +4.5%

  £4,748,861 → £4,964,235

• Employees

  +20.7%

  116 → 140

• Operating profit

  -118.9%

  £147,105 → -£27,847

• Profit before tax

  -38.2%

  £494,944 → £305,843

• Wages

  +22.3%

  £4,441,097 → £5,430,247

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers