AVENIR ASCENSION LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-08-29 (in 3mo)
Last made up 2025-08-15
Watchouts
None on the register
Cash
£3M
USD 4,549,000
+6,398.5% vs 2024
Net assets
£11M
USD 15,116,000
+21.8% vs 2024
Employees
0
Average over period
Profit before tax
£2M
USD 2,704,000
+5.8% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £7,926,291 | £7,912,835 | |
| Operating profit | £3,719,070 | £3,542,648 | |
| Profit before tax | £1,909,995 | £2,021,380 | |
| Net profit | £1,909,995 | £2,021,380 | |
| Cash | £52,329 | £3,400,613 | |
| Total assets less current liabilities | £28,730,657 | £29,389,250 | |
| Net assets | £9,278,613 | £11,299,993 | |
| Equity | £9,278,613 | £11,299,993 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-0.2%
£7,926,291 £7,912,835
-
Cash
+6,398.5%
£52,329 £3,400,613
-
Net assets
+21.8%
£9,278,613 £11,299,993
-
Employees
—
Not reported
-
Operating profit
-4.7%
£3,719,070 £3,542,648
-
Profit before tax
+5.8%
£1,909,995 £2,021,380
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 46.9% | 44.8% | |
| Net margin | 24.1% | 25.5% | |
| Return on capital employed | 12.9% | 12.1% | |
| Current ratio | 1.07x | 1.44x | |
| Interest cover | 2.01x | 2.32x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors, having regard to the continued support of its shareholder, Avenir LNG Limited, have a reasonable expectation that the company will have adequate financial resources to continue in operational existence for at least 12 months from the date of approval of these financial statements and consider that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Significant events
- “On January 27, 2025 Stolt-Nielsen Gas Limited announced that it had entered into a share purchase agreement to acquire all the shares of Avenir LNG Limited, the ultimate controlling party of the Company, from Golar LNG Limited and Aequitas Limited. The transaction was completed in February 2025 and upon completion, Stolt-Nielsen Gas Ltd. controlled approximately 95.7% of the outstanding shares. On April 16, 2025 Stolt-Nielsen Gas Ltd acquired the remaining shares in Avenir LNG by way of a compulsory acquisition”
- “In April, 2026 the Company extended time charter with Avenir Supply and Trading Limited for a further 12 months.”
- “On March 16, 2026 Stolt-Nielsen Gas Ltd signed a share purchase agreement with Nippon Yusen Kabushiki Kaisha (NYK) for the sale of 50% of its shareholding in the Group which is expected to close before in the second quarter of 2026.”
- “On April 22, 2026, the Company's Board of Directors declared and paid a dividend of $700 thousand to its immediate parent company Avenir LNG (UK) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NG, Alexander Raymond | Director | 2024-02-29 | Oct 1983 | British |
| QUINN, Jonathan Anthony Nicholas | Director | 2023-12-12 | Jul 1991 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALTAR, Abigail | Director | 2021-08-16 | 2024-02-29 |
| MACKEY, Peter Liam, Mr. | Director | 2021-08-16 | 2023-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avenir Lng (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-16 | Active |
Filing timeline
Last 20 of 31 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2024-04-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-15 | SH01 | capital | Capital allotment shares | |
| 2024-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-07 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2023-08-07 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2023-08-07 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2023-08-07 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2023-08-07 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2023-06-12 | AA | accounts | Accounts with accounts type full | |
| 2022-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.