UK Companies House feature
ASC HANDLING LIMITED
Cash
£233K
-88.5% vs 2020
Net assets
-£2M
-525.7% vs 2020
Employees
421
-9.3% vs 2020
Profit before tax
-£2M
+14.3% vs 2020
Profile
- Company number
- 08370665
- Status
- Active
- Incorporation
- 2013-01-22
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52220
Net assets
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £9,088,066 | £10,834,640 | |
| Operating profit | — | — | -£2,871,710 | -£2,333,901 | |
| Profit before tax | — | — | -£2,883,210 | -£2,472,221 | |
| Net profit | — | — | -£2,656,307 | -£1,749,504 | |
| Cash | — | — | £2,030,283 | £233,196 | |
| Total assets less current liabilities | — | — | £2,617,209 | £267,705 | |
| Net assets | — | — | -£332,791 | -£2,082,295 | |
| Equity | £1,401,110 | £2,323,516 | -£332,791 | -£2,082,295 | |
| Average employees | — | — | 464 | 421 | |
| Wages | — | — | £9,569,209 | £9,288,250 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Lubbock Fine LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 18 July 2025 Ignazio Coraci, the 100% shareholder of the Company, entered into an agreement for the sale of the full issued share capital of the company. The sale of the company is expected to complete on 30 September 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COX, Karen | Director | 2025-09-30 | Jan 1974 | British |
| HARROP, Simon Martin | Director | 2025-09-30 | Nov 1981 | British |
| HAYHOE, Luke John Francis | Director | 2025-09-30 | Apr 1981 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORACI, Ignazio | Secretary | 2013-01-22 | 2025-09-30 |
| BENI, Maurizio | Director | 2020-02-05 | 2021-02-02 |
| CORACI, Ignazio | Director | 2013-01-22 | 2025-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Swissport Gb Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-09-30 | Active |
| Mr Ignazio Coraci | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2025-09-30 |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-17 | TM02 | officers | termination secretary company with name termination date |
| 2025-10-17 | TM01 | officers | termination director company with name termination date |
| 2025-10-17 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-10-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-10-17 | AD01 | address | change registered office address company with date old address new address |
| 2025-10-09 | AP01 | officers | appoint person director company with name date |
| 2025-10-08 | AP01 | officers | appoint person director company with name date |
| 2025-10-08 | AP01 | officers | appoint person director company with name date |
| 2025-10-06 | AA | accounts | accounts with accounts type full |
| 2025-06-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-07 | AA | accounts | accounts with accounts type group |
| 2024-07-02 | CH01 | officers | change person director company with change date |
| 2024-07-02 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-05-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-16 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-05-16 | AD01 | address | change registered office address company with date old address new address |
| 2023-10-04 | AA | accounts | accounts with accounts type group |
| 2023-05-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-27 | AA | accounts | accounts with accounts type full |
| 2022-05-23 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
-4.10
DISTRESS
Altman Z″
- Working capital / Total assets -0.134 × 6.56 = -0.88
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.436 × 6.72 = -2.93
- Book equity / Total liabilities -0.280 × 1.05 = -0.29
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory