Ascend Diagnostics Limited in Manchester, M13 9NQ

Description

Data updated on: 01-11-2023

Ascend Diagnostics Limited, a Private Limited Company, that is based in Citylabs 1.0, Nelson Street, Manchester. It's post code is M13 9NQ. The enterprise operates since 2016-01-27. The company's Companies House Registration Number is 09971953. The company switched its business name three times. Before 2018 this firm has delivered the services it specializes in as Applied Surface Technology Ascend Uk but now this firm is featured under the business name Ascend Diagnostics Limited. This business's classified under the NACE and SIC code 26511 : Manufacture of electronic measuring, testing etc. equipment, not for industrial process control. Sat, 31st Dec 2022 is the last time the accounts were filed.

In order to satisfy the customers, this particular business is continually being taken care of by a number of two directors who are Omar B. and Dong L.. Their outstanding services have been of extreme importance to this specific business since 2016-07-12. At least one secretary in this firm is a limited company: Oakwood Corporate Secretary Limited.

Previous company's names
Ascend Diagnostics Limited 2018-01-10
Applied Surface Technology Ascend Uk Limited 2016-11-22
Applied Surface Technology Ascend Limited 2016-11-07
Applied Surface Technology Uk Limited 2016-01-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Current Assets	1 183 496		1 295 275	1 576 817	1 175 419
Net Assets Liabilities				773 815	1 014 783
Property Plant Equipment	367 272	306 549	228 215
Total Inventories			409 709	602 608	558 520	697 018

Other Financial Data
Audit Fees Expenses			4 725	4 925	5 000	5 950
Accrued Liabilities			79 919	16 675	36 269	78 729
Accumulated Amortisation Impairment Intangible Assets	1 220	9 758	14 565	19 435	22 836	23 103
Accumulated Depreciation Impairment Property Plant Equipment	16 927	204 741	308 308	422 275	526 049	451 328
Additions Other Than Through Business Combinations Property Plant Equipment			25 233	35 171	278 407	8 421
Administrative Expenses	528 077		2 832 423	2 458 006	2 324 713
Amortisation Expense Intangible Assets			4 807	4 869	3 401
Average Number Employees During Period			26	26	20	15
Cash Cash Equivalents	1 067 212	206 374	164 261	321 570	36 050	21 369
Cash Cash Equivalents Cash Flow Value	1 067 212				36 050	21 369
Comprehensive Income Expense	-535 458		-1 642 892	-1 754 054	-1 659 032
Cost Inventories Recognised As Expense Gross	7 843		76 090	153 714	201 283
Cost Sales	7 843		76 090	153 714	201 283
Current Liabilities	113 267			1 794 887	1 513 718
Current Tax Assets	55 366			480 684	497 071	265 977
Current Tax For Period				-480 684	-497 071
Deferred Tax Assets	36 475	721 495	617 769	800 531	1 199 106	1 468 118
Deferred Tax Expense Credit From Unrecognised Temporary Difference From Prior Period				-182 762	-398 575
Deferred Tax Expense Credit Relating To Origination Reversal Temporary Differences			-370 543	-182 762	-398 575
Depreciation Expense Property Plant Equipment	16 927		103 567	113 967	103 774	81 626
Finance Lease Liabilities Present Value Total Lessor					209 758	157 514
Further Item Tax Increase Decrease Component Adjusting Items				-9 989	-497 071
Gain Loss In Cash Flows From Change In Inventories				192 899	-44 088	138 498
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-1 567		-3 106	-25 261	-4 092
Government Grant Income				12 198
Gross Profit Loss	-7 843		303 854	-5 925	-201 283
Income Taxes Paid Refund Classified As Operating Activities	-44 316		530 604	564 355	480 684	497 072
Income Tax Expense Credit				-663 446	-895 646
Increase Decrease In Cash Cash Equivalents After Foreign Exchange Differences Changes In Consolidation					285 520	14 681
Increase From Amortisation Charge For Year Intangible Assets	1 220		4 807	4 869	3 401	268
Increase From Depreciation Charge For Year Property Plant Equipment	16 927		103 567	113 967	103 774	81 628
Intangible Assets	10 980	13 345	8 538	3 668
Intangible Assets Gross Cost	12 200	23 103	23 103	23 103	23 103	23 103
Intangible Assets Including Right-of-use Assets				3 668	267
Interest Expense				-33 119	29 830
Interest Expense On Lease Liabilities					3 204	11 069
Interest Paid Classified As Operating Activities					-29 830	-67 085
Interest Payable Similar Charges Finance Costs			50 303	-33 119	29 830
Interest Received Classified As Investing Activities	-462			-1 114	-1 148	-1 182
Issue Equity Instruments	2 028 989		640 000	2 830 926	1 900 000
Net Current Assets Liabilities				-218 070	-338 299
Net Interest Paid Received Classified As Operating Activities	462		-50 303	33 119
Non-current Assets	423 302			991 885	1 562 840
Operating Profit Loss	-535 920		-2 528 569	-2 451 733	-2 525 996
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						156 349
Other Disposals Property Plant Equipment						156 349
Other Interest Expense			50 303	-33 119	26 626
Other Interest Income			1 082	1 114	1 148
Other Interest Receivable Similar Income Finance Income			1 082	1 114	1 148	1 182
Other Non-financial Assets Non-current				38 267	39 415	40 598
Other Operating Income				12 198
Other Payables	5 357			1 364 064	893 469	1 773 532
Other Taxation Social Security Payable	18 023			57 548	111 423	41 586
Payments Lease Liabilities Classified As Financing Activities					259 514	-49 756
Pension Other Post-employment Benefit Costs Other Pension Costs	27 894		88 948	105 511	104 845
Prepayments			74 423	123 221	58 769	25 257
Proceeds From Issuing Shares	-2 028 989		-640 000	-2 830 926	-1 900 000
Profit Loss	-535 458		-1 642 892	-1 754 054	-1 659 032	-822 588
Profit Loss Before Tax	-535 458			-2 417 500	-2 554 678	-1 357 578
Profit Loss On Ordinary Activities Before Tax			-2 577 790	-2 417 500
Property Plant Equipment Excluding Right-of-use Assets					324 052	250 845
Property Plant Equipment Gross Cost	384 199	511 290	536 523	571 694	304 820	175 519
Property Plant Equipment Including Right-of-use Assets				149 419	324 052	250 845
Purchase Property Plant Equipment	-384 199		-25 233	-35 171	-278 407	-8 421
Recoverable Value-added Tax				45 938	24 906	30 541
Repayments Borrowings Classified As Financing Activities			9 385	-521 744
Social Security Costs	23 263		98 321	113 753	101 111
Staff Costs Employee Benefits Expense	352 981		1 361 329	1 475 011	1 235 750
Tax Decrease Increase From Effect Revenue Exempt From Taxation			206
Tax Expense Credit Applicable Tax Rate			-489 780	-459 325	-485 389
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-564 355	-356 010	-368 145
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			21 411	21 733	18 981
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			895 381	803 591	838 734
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-934 898	-663 446
Total Borrowings			493 994
Trade Creditors Trade Payables	64 760		262 331	356 600	422 801
Trade Other Payables	102 217			1 794 887	1 463 962	2 397 868
Trade Other Receivables	94 918			171 955	83 778	55 896
Turnover Revenue			379 944	147 789
Wages Salaries	301 824		1 174 060	1 255 747	1 029 794
Work In Progress			409 709	602 608	558 520	697 018
Company Contributions To Money Purchase Plans Directors				12 725	25 451
Director Remuneration			237 388	217 017	206 481
Director Remuneration Benefits Including Payments To Third Parties			237 388	229 742	231 932
Fees For Non-audit Services	14 258
Total Fees To Auditors	9 900
Amortisation Impairment Expense Intangible Assets	1 220
Balances With Banks	1 066 376
Cash On Hand	836
Current Tax Liabilities	11 050
Deferred Tax Liabilities	36 475
Depreciation Amortisation Expense	18 147
Equity Liabilities	1 606 798
Financial Assets	11 050
Future Minimum Lease Payments Under Non-cancellable Operating Leases	36 495
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	102 217
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	60 918
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 067 212
Increase In Loans Owed By Related Parties Due To Loans Advanced	11 050
Interest Income On Bank Deposits	462
Loans Advances Granted To Related Parties Classified As Financing Activities	-34 000
Loans Owed By Related Parties	11 050
Loans To Directors	34 000
Net Cash Flows From Used In Financing Activities	-1 983 939
Net Cash Flows From Used In Investing Activities	395 937
Net Cash Flows From Used In Operating Activities	520 790
Net Cash Generated From Operations	476 474
Nominal Value Shares Issued Specific Share Issue	1
Number Shares Issued Fully Paid	2 028 989
Number Shares Issued Specific Share Issue	2 028 989
Other Payables Accrued Expenses	14 077
Par Value Share	1
Prepayments Accrued Income	60 918
Purchase Intangible Assets	-12 200
Total Additions Including From Business Combinations Intangible Assets	12 200
Total Additions Including From Business Combinations Property Plant Equipment	384 199
Total Assets	1 606 798
Total Liabilities	113 267
Total Operating Lease Payments	8 282

Company staff

Omar B.

Role: Director

Appointed: 12 July 2016

Latest update: 25 April 2024

Oakwood Corporate Secretary Limited

Role: Corporate Secretary

Appointed: 27 January 2016

Address: Ashley Road, Altrincham, Cheshire, WA14 2DT, United Kingdom

Latest update: 25 April 2024

Dong L.

Role: Director

Appointed: 27 January 2016

Latest update: 25 April 2024

People with significant control

Eungjoon J. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Eungjoon J.

Notified on 1 January 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Heoncheol J.

Notified on 27 July 2019

Ceased on 1 January 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Gigwang B.

Notified on 12 July 2018

Ceased on 27 July 2019

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Joshua K.

Notified on 14 November 2017

Ceased on 12 July 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	09 February 2024
Confirmation statement last made up date	26 January 2023

Annual Accounts
Start Date For Period Covered By Report	27 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	27 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	27 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	27 January 2016
End Date For Period Covered By Report	31 December 2016

Ascend Diagnostics Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Omar B.

Oakwood Corporate Secretary Limited

Dong L.

Emmanouil R.

Eung J.

People with significant control

Eungjoon J.

Heoncheol J.

Gigwang B.

Joshua K.

Accounts Documents

Company filings

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