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Manufacture of pharmaceutical preparations · London

Ascend Advanced Therapies

Ascend Advanced Therapies Limited

Losses 2 years runningStaff down 41%ActiveLatest figures: 2024Abridged accountsAs filed (group accounts)5 years on the register

Private limited company registered in London, classed under “Manufacture of pharmaceutical preparations” and 1 other activity.

Headline figures

FY to Dec 2024 · As filed (group accounts)

Turnover

For subscribers

Profit after tax

−£22.4m

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

3 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£20232024
Profit after tax−£22.4m
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 2 years

“—” means we did not find the figure in a source; it is never filled with an estimate.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet20232024
Fixed assets
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets

7 balance-sheet lines and 4 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-27

  1. Accounts
    Group of companies' accounts made up to 31 December 2024
  2. Address
    Registered office address changed from 3rd Floor 1 Ashley Road Altrincham Cheshire WA14 2DT United Kingdom to Suite 1, 7th Floor 50 Broadway London SW1H 0DB on 13 February 2026
  3. Directors
    Appointment of Mr per Fredrik Thorell as a director on 20 January 2026
  4. Directors
    Termination of appointment of Michael Anthony Stella as a director on 20 January 2026
  5. Directors
    Termination of appointment of Oakwood Corporate Secretary Limited as a secretary on 22 January 2026
  6. Notice
    Compulsory strike-off action has been discontinued
  7. Notice
    First Gazette notice for compulsory strike-off
  8. Directors
    Termination of appointment of Errett Wesley Mcconnell Iii as a director on 3 June 2025
  9. Filing
    Resolutions (and 3 more like it since 1 March 2023)
  10. Directors
    Termination of appointment of Justin Wesley Kern as a director on 6 November 2024
  11. Directors
    Termination of appointment of Fred Cohen as a director on 6 November 2024
  12. Directors
    Termination of appointment of Andrey Kozlov as a director on 6 November 2024
  13. 26 earlier
    1. Directors
      Termination of appointment of Balaji Muralidhar as a director on 6 November 2024
    2. Directors
      Termination of appointment of Andrew Sinclair as a director on 6 November 2024
    3. Directors
      Termination of appointment of Michael Charles Beecham as a director on 6 November 2024
    4. Directors
      Termination of appointment of Timothy Michael Funnell as a director on 6 November 2024
    5. Directors
      Appointment of Errett Wesley Mcconnell Iii as a director on 6 November 2024
    6. Filing
      Memorandum and Articles of Association (and 4 more like it since 6 March 2023)
    7. Shares
      Cancellation of shares. Statement of capital on 6 November 2024 · GBP 1,215.40341 (and 3 more like it since 17 January 2023)
    8. Shares
      Purchase of own shares (and 3 more like it since 17 January 2023)
    9. Shares
      Particulars of variation of rights attached to shares (and 17 more like it since 17 January 2023)
    10. Shares
      Change of share class name or designation (and 17 more like it since 18 January 2023)
    11. Directors
      Appointment of Justin Wesley Kern as a director on 22 July 2024
    12. Directors
      Termination of appointment of Eric Norio Shiozaki as a director on 22 July 2024
    13. Accounts
      Group of companies' accounts made up to 31 December 2023
    14. Shares
      Statement of capital following an allotment of shares on 30 May 2024 · GBP 1,215.82843 (and 8 more like it since 16 December 2022)
    15. Name
      Certificate of change of name
    16. Directors
      Director's details changed for Mr Andrey Kozlov on 11 October 2023
    17. Charges
      Registration of charge 134710830002, created on 21 August 2023
    18. Charges
      Registration of charge 134710830001, created on 21 August 2023
    19. Ownership
      Notification of a person with significant control statement
    20. Ownership
      Cessation of Fred Cohen as a person with significant control on 7 February 2023
    21. Ownership
      Cessation of Charles Conn as a person with significant control on 7 February 2023
    22. Accounts
      Accounts for a small company made up to 31 December 2022
    23. Directors
      Appointment of Michael Anthony Stella as a director on 1 May 2023
    24. Directors
      Appointment of Mr Andrey Kozlov as a director on 20 March 2023
    25. Directors
      Termination of appointment of Andrew Paul May as a director on 15 February 2023
    26. Directors
      Appointment of Dr Balaji Muralidhar as a director on 7 February 2023

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Ascend Advanced Therapies do?

Private limited company registered in London, classed under “Manufacture of pharmaceutical preparations” and 1 other activity.

›How much turnover does Ascend Advanced Therapies make?

Answered in the full report

›Is Ascend Advanced Therapies profitable?

No: it made a loss after tax of £22.4m in the year to 31 December 2024, its latest filed accounts.

›How many people work at Ascend Advanced Therapies?

Answered in the full report

›Who runs and owns Ascend Advanced Therapies?

Its directors are Per Fredrik Thorell. Its owners are shown to subscribers.

›Where is Ascend Advanced Therapies based?

Its registered office is Suite 1, 7th Floor, 50 Broadway, London, SW1H 0DB, in London.

›When was Ascend Advanced Therapies founded?

Ascend Advanced Therapies Limited was incorporated on 22 June 2021.

›Is Ascend Advanced Therapies still trading?

The register lists Ascend Advanced Therapies Limited as active.

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