ASCEND OVERSEAS LIMITED

SUITE 1, 7TH FLOOR, 50 BROADWAY, LONDON, SW1H 0BL

Company Number: 08760383
Incorporation date: 04-Nov-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
28220 Manufacture of lifting and handling equipment





SUMMARY

This company is 10.4 years old and is currently active. It is controlled by Kkr & Co. L.P.. The company has positive equity (net assets) of USD 403.9 million which has increased from USD -75.9 million in the previous year. The latest reported revenue figure is USD 41.7 thousandRetained earnings is negative (USD -284.2 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 2 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2023
Accounts Filed: FULL (31-Dec-2021)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 USD 41,730 5,722 30,023,778 -12,570,386
31-Dec-2018 USD -9,046 2,851 30,023,778 -30,029,973
31-Dec-2017 USD -25,720 1,635 27,423,680 -27,477,765


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 12,186 38,062 217,500,000 10,200 688,067,435 -284,217,037 403,860,598
31-Dec-2018 USD 156,464 156,464 128,578,115 217,500,000 10,200 195,714,800 -271,646,651 -75,921,651
31-Dec-2017 USD 153,613 154,208 98,545,886 217,500,000 10,200 195,714,800 -241,616,678

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Eric Christopher STOUT 09 Feb 2022 None Supplied American 1 - 00 (0.0%)
Resigned Terence Patrick GALLAGHER 07 Feb 2020 11 Oct 2021 Director American 0 - 10 (0.0%)
Resigned JR., William Joseph JANETSCHEK 04 Nov 2013 07 Feb 2020 Chief Financial Officer American 0 - 20 (0.0%)
Resigned Peter Max STAVROS 04 Nov 2013 09 Feb 2022 Investment Professional American 1 - 31 (25.0%)
Active Brandon Francis BRAHM 04 Nov 2013 Investment Professional American 3 - 00 (0.0%)
Resigned Peter Max STAVROS 04 Nov 2013 09 Feb 2022 Investment Professional American 0 - 51 (20.0%)
Number of active directors: 2
Average tenure of active directors: 6.3 years
Average tenure of resigned directors: 6.1 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
KITO CROSBY LIMITED (08719437) - Active
CROSBY UK ACQUISITION LIMITED (08743521) - Active
ASCEND OVERSEAS LIMITED (08760383) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-11-042015-11-042014-11-04
ASCEND INVESTMENTS S.A R.L.ORDINARY1,020,000
100%
1,020,000
100%
1,020,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2020-10-042019-10-042018-10-042017-10-042016-10-04
ASCEND OVERSEAS LIMITEDORDINARY82,600,000
100%
82,600,000
100%
82,600,000
100%
82,600,000
100%
82,600,000
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ASCEND OVERSEAS LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 28220 Manufacture of lifting and handling equipment)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CATERPILLAR (U.K.) LIMITED PECKLETON LANE, DESFORD, LEICESTER, LE9 9JT 00484783 2017-12-31 815,882,000 -2,304,000 28921-Manufacture of machinery for mining
28922-Manufacture of earthmoving equipment
HYSTER-YALE UK LIMITED CENTENNIAL HOUSE BUILDING 4.5, FRIMLEY BUSINESS PARK, FRIMLEY, SURREY, GU16 7SG 02636775 2017-12-31 562,409,000 6,060,000
JUNGHEINRICH UK LIMITED SHERBOURNE HOUSE, SHERBOURNE DRIVE TILBROOK, MILTON KEYNES, BUCKINGHAMSHIRE, MK7 8HX 00757192 2017-12-31 209,234,000 5,109,000
MANITOU UK LIMITED EBBLAKE INDUSTRIAL ESTATE, VERWOOD, DORSET, BH31 6BB 01049338 2017-12-31 128,566,000 4,906,000
STANNAH LIFT SERVICES LIMITED WATT CLOSE, EAST PORTWAY, ANDOVER, HAMPSHIRE, SP10 3SD 01189799 2017-12-31 106,533,000 -292,000 33120-Repair of machinery
33200-Installation of industrial machinery and equipment
47990-Other retail sale not in stores, stalls or markets
KONECRANES DEMAG UK LIMITED UNIT 1 CHARTER POINT, COALFIELD WAY,, ASHBY BUSINESS PARK, ASHBY DE LA ZOUCH, LEICESTERSHIRE, ENGLAND, LE65 1NF 00969869 2017-12-31 72,388,000 -473,000 33200-Installation of industrial machinery and equipment
THWAITES LIMITED WELSH ROAD, CUBBINGTON, LEAMINGTON SPA, WARWICKSHIRE, CV32 7NQ 00387579 2017-08-31 71,269,000 9,674,000
MALLAGHAN ENGINEERING LIMITED 69 COALISLAND ROAD, DUNGANNON, CO TYRONE, BT71 6LA NI020042 2017-12-31 46,423,502 3,246,369
UNICARRIERS UK LIMITED JANE MORBEY ROAD, THAME, OXFORDSHIRE, OX9 3RR 00958167 2018-03-31 43,511,542 1,948,266
STORAGE AND HANDLING EQUIPMENT LIMITED SHE HOUSE MACKLIN AVENUE, COWPEN LANE INDUSTRIAL ESTATE, BILLINGHAM, CLEVELAND, TS23 4BY 03866015 2017-12-31 11,712,255 0
GUTTRIDGE LIMITED WARDENTREE PARK, PINCHBECK, SPALDING, LINCOLNSHIRE, PE11 3UU 00731549 2017-12-31 11,647,712 0
RUBAX LIFTS LIMITED WILSON HOUSE CINNAMON PARK, FEARNHEAD, WARRINGTON, CHESHIRE, WA2 0XP 01509899 2017-12-31 11,486,303 0
TALURIT (UK) LIMITED R-EVOLUTION GATEWAY 36, UNIT 3 KESTREL WAY, BIRDWELL, BARNSLEY, ENGLAND, S70 5SZ 03816964 2017-12-31 4,098,095 0
BRITTON PRICE HOLDINGS LIMITED PARKERS CORNELIUS HOUSE, 178-180 CHURCH ROAD, HOVE, EAST SUSSEX, ENGLAND, BN3 2DJ 09900575 2017-12-31 2,353,501 0
INDUSTRIAL LIFTING (UK) LTD UNITS 1, 2 & 3A, CINDERHILL INDUSTRIAL ESTATE, STOKE-ON-TRENT, ENGLAND, ST3 5LB 04142350 2018-03-31 2,128,785 0
H S M SERVICES LIMITED BEKE LODGE, BEKE HALL CHASE NORTH, RAYLEIGH, ESSEX, SS6 9EZ 03292466 2017-12-31 1,767,101 0
CONVEYORS DIRECT ONLINE LTD NEWTON AND CO, TEDCO BUSINESS CENTRE, VIKING INDUSTRIAL PARK, JARROW, TYNE AND WEAR, NE32 3DT 06078121 2018-03-31 1,699,711 0
WILDEX LIMITED UNIT 29 CHURCH ROAD BUSINESS CENTRE, CHURCH ROAD, SITTINGBOURNE, KENT, ME10 3RS 00714085 2018-01-31 723,626 0
C-LARS EUROPE LIMITED RECTORY LODGE, STOCKTON ROAD, SOUTH KILVINGTON, UNITED KINGDOM, YO7 2NL 10625815 2018-02-28 26,114 0 58190-Other publishing activities
62090-Other information technology service activities
ELEVATORS PROJECTS & COMPONENTS LTD 13 TALLOW CLOSE, DAGENHAM, ESSEX, ENGLAND, RM9 6EF 09184405 2017-08-31 19,960 0 33200-Installation of industrial machinery and equipment
ROSE OF SHARON INNOVATIONS LIMITED 16 MABEL'S BROW, FARNWORTH, BOLTON, BL4 8BN 06626715 2019-05-31 12,127 0 28990-Manufacture of other special-purpose machinery not elsewhere classified
GARY SAUNTERS CRANE SERVICES LTD 20 HAVELOCK ROAD, HASTINGS, EAST SUSSEX, TN34 1BP 08974203 2018-03-31 0 0
REXTANK LIMITED UNIT 4 CHURCH ROAD, ASH, SEVENOAKS, KENT, ENGLAND, TN15 7HD 10836011 2018-06-30 0 0
HYSTER-YALE GROUP LIMITED CENTENNIAL HOUSE BUILDING 4.5, FRIMLEY BUSINESS PARK, FRIMLEY, SURREY, GU16 7SG 01020654 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ASCEND OVERSEAS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public