ASHE CONSTRUCTION LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-14 (in 4mo)

Last made up 2025-08-31

Watchouts

None on the register

Cash

£20M

+30% highest in 3 filed years

Net assets

£5M

-11% lowest in 3 filed years

Employees

103

+4% highest in 3 filed years

Profit before tax

£6M

+166% highest in 3 filed years

Name history

Renamed 1 time since incorporation

ASHE CONSTRUCTION LIMITED 1999-01-12 → present
ASHE DEVELOPMENTS LTD. 1989-04-18 → 1999-01-12

Net assets

7-year trend · vs Industrials median

ASHE CONSTRUCTION LIMITED·Industrials median · n=6236

Accounts

7-year trend · latest reflected 2024-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—	£60,004,192	—	£63,197,047	£89,566,517
Operating profit	—	—	—	£947,974	—	£2,045,832	£5,854,679
Profit before tax	—	—	—	£948,388	—	£2,441,268	£6,492,953
Net profit	—	—	—	£1,088,165	—	£2,180,807	£4,852,924
Cash	—	—	—	£7,451,361	—	£15,334,570	£19,933,351
Total assets less current liabilities	—	—	—	£7,339,584	—	£9,092,675	£11,525,658
Net assets	—	—	—	£5,758,994	—	£5,909,011	£5,261,935
Equity	£4,441,086	£5,087,218	£5,520,829	£5,758,994	—	£5,909,011	£5,261,935
Average employees	—	—	—	91	—	99	103
Wages	—	—	—	£6,134,354	—	£7,319,632	£9,340,118

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	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	—	—	1.6%	—	3.2%	6.5%
Net margin	—	—	—	1.8%	—	3.5%	5.4%
Return on capital employed	—	—	—	12.9%	—	22.5%	50.8%
Gearing (liabilities / total assets)	—	—	—	—	—	79.9%	83.9%
Current ratio	—	—	—	—	—	1.42x	1.51x

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: Standalone (parent only)
Auditor: Chancellers LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“Accordingly, the directors consider there to be no material uncertainties that may cast significant doubt on the Company's ability to continue to operate as a going concern. They have formed a judgement that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of signing of these Financial Statements. For this reason, they continue to adopt the going concern basis in preparation of these Financial Statements.”

Significant events

“With the pressures of high inflation and a tight labour market easing in 2024, the financial results for the year reflect improvement, growth and an excellent set of results.”
“Company turnover increased by 42% to £89.6m (2023: £63.2m) and pre-tax profit rose significantly to £6.5m (2023: £2.4m).”
“the impact of supply chain failures, which has riddled the industry of late, fell in 2024 on account of an enhanced level of scrutiny being given to financial due diligence and ensuring that the values of the supply chain are aligned to those of the Company.”
“During the year the Company invested over £400k in social value, apprenticeship programmes, workplace infrastructure and reducing the carbon emissions of our operations and we continue to prioritise the training and development of our people to ensure we deliver excellence, consistently.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 10 resigned

Name	Role	Appointed	Born	Nationality
ARMES, Daniel	Director	2017-01-01	Jul 1976	British
BLAKE, Neil Robert	Director	2012-01-01	May 1971	British
BLAKE, Robin Alexander	Director	2004-01-01	Feb 1968	British
CHILD, John Edward	Director	2025-10-01	Sep 1982	British
CLAY, Richard John	Director	2000-09-01	Feb 1964	British
HOWARD, Justin Lee	Director	2017-01-01	Feb 1972	British
MORRIS, Andrew Robert	Director	2000-09-01	Nov 1967	British
ROBBINS, Ian Curnow	Director	2012-01-01	Oct 1973	British

Show 10 resigned officers

Name	Role	Appointed	Resigned
BLAKE, Louise	Secretary	1999-08-01	2011-04-30
BLAKE, Robert Stephen	Secretary	—	1999-07-31
AINGE, David George	Director	1999-01-01	2004-10-31
BEARD, Christopher Anthony	Director	2005-01-01	2011-06-01
BLAKE, Robert Stephen	Director	—	2018-10-01
BRANCH, Melvyn Graham	Director	—	2004-04-24
MCAULEY, Raymond John Oliver	Director	1999-01-01	2000-09-01
MCKNIGHT, Sheridan Nicholas	Director	2012-01-01	2016-11-14
PETTS, Martin John	Director	2004-01-01	2023-12-31
YULE, Alistair Richard	Director	2005-01-01	2011-12-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Robert Stephen Blake	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2016-04-06
Ashe Group Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 128 total filings

Date	Type	Category	Description
2025-10-20	AP01	officers	Appoint person director company with name date	PDF
2025-09-17	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-08-14	AA	accounts	Accounts with accounts type full	PDF
2025-07-17	CH01	officers	Change person director company with change date	PDF
2025-07-17	CH01	officers	Change person director company with change date	PDF
2024-09-16	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-09-12	CH01	officers	Change person director company with change date	PDF
2024-09-12	CH01	officers	Change person director company with change date	PDF
2024-09-12	CH01	officers	Change person director company with change date	PDF
2024-09-09	CH01	officers	Change person director company with change date	PDF
2024-07-16	AA	accounts	Accounts with accounts type full
2024-01-24	TM01	officers	Termination director company with name termination date	PDF
2023-09-01	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-07-27	AA	accounts	Accounts with accounts type full	PDF
2022-09-14	AA	accounts	Accounts with accounts type full	PDF
2022-09-13	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-09-14	AA	accounts	Accounts with accounts type full	PDF
2021-09-08	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-04-14	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2021-04-14	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 5
Capital events: 0
Officers appointed: 1
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+41.7%

£63,197,047 £89,566,517

highest in 3 filed years
Cash

+30%

£15,334,570 £19,933,351

highest in 3 filed years
Net assets

-11%

£5,909,011 £5,261,935

lowest in 3 filed years
Employees

+4%

99 103

highest in 3 filed years
Operating profit

+186.2%

£2,045,832 £5,854,679

highest in 3 filed years
Profit before tax

+166%

£2,441,268 £6,492,953

highest in 3 filed years
Wages

+27.6%

£7,319,632 £9,340,118

highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page