ASCENDX CLOUD LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-18 (in 3mo)
Last made up 2025-08-04
Watchouts
None on the register
Cash
£165K
Latest balance sheet
Net assets
£20M
Equity attributable
Employees
2
Average over period
Profit before tax
—
Period ending 2023-12-31
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2023-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-02-05 | 2023-12-31 |
|---|---|---|---|
| Current ratio | — | 77.07x |
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.
Audit & accounting basis
- 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.”
Group structure
- ASCENDX CLOUD LIMITED · parent
- Ortoo Limited 100%
- Eposly Limited 60%
- Documill OY 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-03-10 MA Memorandum articles
- 2025-03-10 RESOLUTIONS Resolution
- 2024-07-18 RESOLUTIONS Resolution
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2023 · period ending 2023-12-31 vs 2023-02-05