Cash

£236K

-28.1% vs 2023

Net assets

-£3M

-114.5% vs 2023

Employees

33

-8.3% vs 2023

Profit before tax

-£2M

-173.5% vs 2023

Profile

Company number
06897642
Status
Active
Incorporation
2009-05-06
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62090
Hubs
UK AI & Enterprise SaaS

Net assets

5-year trend · vs UK AI & Enterprise SaaS median

£0£1£120222022202220232024
ASE PLC

Accounts

5-year trend · latest 2024-12-31

Metric Trend 2022-01-012022-12-302022-12-312023-12-302024-12-31
Turnover £6,570,409£7,238,887£5,589,265
Operating profit -£828,823-£547,337-£1,551,089
Profit before tax -£864,132-£549,590-£1,502,916
Net profit -£555,249-£532,518-£1,613,342
Cash £103,303£363,164£363,164£328,069£235,913
Total assets less current liabilities -£784,899-£1,359,418-£2,915,374
Net assets -£799,044-£1,359,418-£2,915,374
Equity -£243,795-£799,044-£799,044-£1,359,418-£2,915,374
Average employees 463633
Wages £2,876,616£1,355,167£1,533,723

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
James Cowper Kreston Audit
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After reviewing the Company's forecasts and projections, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Key to this assumption is the on-going support from the ultimate controlling party, Valsoft Corp Inc, in which a letter of support has been obtained. Based on the above, the Company continues to adopt the going concern basis in preparing its financial statements.”

Subsidiaries

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

3 active · 17 resigned

Name Role Appointed Born Nationality
FELICISSIMO, David Secretary 2025-02-20
ASSI, Michael Director 2025-02-20 Feb 1980 Canadian
FELICISSIMO, Davide Director 2021-04-30 Aug 1974 Canadian
Show 17 resigned officers
Name Role Appointed Resigned
FAZAL, Michael David Secretary 2009-06-08 2012-01-03
JONES, Michael Andrew Secretary 2009-05-06 2009-06-08
SANCHEZ MONTES, Michael James Secretary 2012-01-03 2018-11-30
ASSI, Michael Director 2021-04-30 2024-04-22
BROWN, Paul Antony Director 2010-03-26 2011-02-28
DALY, Paul Christopher Director 2010-03-26 2012-12-31
FAZAL, Michael David Director 2010-03-26 2021-04-30
FREEMAN, Stephen Director 2013-01-01 2013-09-18
GADDES, Graham Stuart Mark Director 2017-01-03 2017-09-12
HODGSON, Matthew John Director 2011-09-26 2012-12-31
JONES, Michael Andrew Director 2009-05-06 2021-04-30
JONES, Robert Anthony Director 2009-05-06 2021-04-30
JONES, Trevor Andrew Director 2009-05-06 2013-12-12
MANOS, Stephane Director 2021-04-30 2024-04-22
MESSUD, Jeffrey Stanislas Swann, Mr. Director 2022-02-21 2024-04-22
SALAMEH, Chady Director 2024-04-22 2024-10-17
SANCHEZ MONTES, Michael James Director 2011-01-01 2018-11-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ase Group Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 138 total filings

Date Type Category Description
2026-05-06 CS01 confirmation-statement confirmation statement with updates
2025-09-25 AA accounts accounts with accounts type full
2025-09-17 AA01 accounts change account reference date company previous extended
2025-05-15 CS01 confirmation-statement confirmation statement with no updates
2025-02-20 AP03 officers appoint person secretary company with name date
2025-02-20 AP01 officers appoint person director company with name date
2024-11-22 TM01 officers termination director company with name termination date
2024-09-30 AA accounts accounts with accounts type full
2024-05-30 CS01 confirmation-statement confirmation statement with no updates
2024-04-22 AP01 officers appoint person director company with name date
2024-04-22 TM01 officers termination director company with name termination date
2024-04-22 TM01 officers termination director company with name termination date
2024-04-22 TM01 officers termination director company with name termination date
2024-04-14 AA accounts accounts with accounts type full
2023-06-22 AA01 accounts change account reference date company previous shortened
2023-06-20 CS01 confirmation-statement confirmation statement with no updates
2023-06-08 AA accounts accounts with accounts type full
2022-09-09 DISS40 gazette gazette filings brought up to date
2022-08-30 GAZ1 gazette gazette notice compulsory
2022-06-22 CS01 confirmation-statement confirmation statement with updates

Credit score

Altman Z″ (private-firm) · reference 2024-12-31

-10.20

DISTRESS

Altman Z″

  • Working capital / Total assets -1.122 × 6.56 = -7.36
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets -0.360 × 6.72 = -2.42
  • Book equity / Total liabilities -0.403 × 1.05 = -0.42

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page