UK Companies House feature
ASCENDX CLOUD LIMITED
Cash
£165K
Latest balance sheet
Net assets
£20M
Equity attributable
Employees
2
Average over period
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 14641432
- Status
- Active
- Incorporation
- 2023-02-06
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
2-year trend · vs UK AI & Enterprise SaaS median
Accounts
2-year trend · latest 2023-12-31
| Metric | Trend | 2023-02-05 | 2023-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | — | £165,034 | |
| Total assets less current liabilities | — | £20,205,987 | |
| Net assets | — | £20,205,987 | |
| Equity | — | — | |
| Average employees | — | 2 | |
| Wages | — | — |
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
- Consolidated (group)
- Auditor
- Hillier Hopkins LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Ortoo Limited · 100% held · England
- Eposly Limited · 60% held · England
- Documill OY · 100% held · Finland
Significant events
- “Since the end of FY24, the Group has completed the acquisitions of Capstorm and Grax, both U.S.-based companies. Together, these businesses add in excess of £11.7m in Annual Recurring Revenue and approximately £2m in EBITDA. Operating within the data storage segment, these acquisitions provide the Group with a strong foothold in an attractive, high-growth market and further support the validation and execution of the Group's cross-sell strategy. Also important to note, that a fundraise was done in March 2025 where the group raised £28m.”
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
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MBM SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2023-02-06 | — | — |
| CIVILO, Ufuk Gokmen | Director | 2023-02-06 | Sep 1987 | Turkish |
| ILBAK, Bertan | Director | 2023-02-06 | Dec 1985 | Turkish |
| PATTERSON, Gavin | Director | 2025-03-07 | Sep 1967 | British,Irish |
| PINHO, António Correia De | Director | 2025-03-07 | Apr 1997 | Portuguese |
| WEISMAN, Thomas Alexander Lorenzo | Director | 2023-08-11 | Oct 1980 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ufuk Gokmen Civilo | Individual | Shares 25–50%, Voting 25–50% | 2023-02-06 | Ceased 2023-12-22 |
| Mr Bertan Ilbak | Individual | Shares 25–50%, Voting 25–50% | 2023-02-06 | Ceased 2023-12-22 |
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-08 | AA | accounts | accounts with accounts type group |
| 2025-11-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-08-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-02 | SH01 | capital | capital allotment shares |
| 2025-03-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-03-17 | AP01 | officers | appoint person director company with name date |
| 2025-03-17 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-03-10 | MA | incorporation | memorandum articles |
| 2025-03-10 | RESOLUTIONS | resolution | resolution |
| 2025-03-10 | AP01 | officers | appoint person director company with name date |
| 2025-03-07 | SH01 | capital | capital allotment shares |
| 2025-03-06 | SH01 | capital | capital allotment shares |
| 2025-02-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-09-30 | AA | accounts | accounts with accounts type total exemption full |
| 2024-07-25 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-18 | RESOLUTIONS | resolution | resolution |
| 2024-07-16 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory