Ashe Construction Limited
02373535
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2004
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 5 other boards
director · Since 01/01/2012
SPECIAL WORKS DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 1 other board
director · Since 01/01/2012
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
Persons with Significant Control
Ashe Group Holdings Limited
Ashe House, Cooks Way, Hitchin, SG4 0JE
Reg: 01068783 · Companies House · Limited Company
Notified 06/04/2016
Former PSCs
Mr Robert Stephen Blake
Ceased 06/04/2016
CompanyRankvs 765+ SIC 42990 peers76
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
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
Key FinancialsYear ending 31/12/2024
Turnover
£89.6M
Annual revenue
Net Worth
£5.3M
Balance sheet strength
Cash
£19.9M
Cash in the bank
Profit Before Tax
£6.5M
Bottom line earnings
Net Current Assets
£10.9M
Working capital
Current Assets
£32.2M
Current Liabilities
£21.3M
Fixed Assets
£618k
Debtors
£12.2M
Cost of Sales
£77.1M
Gross Profit
£12.5M
Admin Expenses
£6.6M
Operating Profit
£5.9M
Profit After Tax
£4.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.51 | -£566k |
| 2022 | 1.51 | +£69k |
| 2021 | 1.60 | +£238k |
| 2020 | 1.64 | +£434k |
| 2019 | 1.62 | +£646k |
| 2018 | 1.44 | — |
Derived from filed accounts. Not audited figures.