Asco Engineering Limited
07074474
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/2021
COMPANY DIRECTOR
ENGLISH · UNITED ARAB EMIRATES · Age 44
Also on 2 other boards
director · Since 01/09/2022
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 61
Also on 2 other boards
secretary · Since 01/11/2025
Persons with Significant Control
Mr Mark Waddington
English · England · Age 63
Greenhey House, Glebe Road, Skelmersdale, WN8 9JP
Notified 06/04/2016
Ms Debra Deegan
English · England · Age 61
Greenhey House, Glebe Road, Skelmersdale, WN8 9JP
Notified 24/05/2022
Former PSCs
Mr Andrew Lawrence Deegan
Ceased 24/05/2022
Charges0 outstanding
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CompanyRankvs 38+ SIC 71121 peers80
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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
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. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/11/2024
Turnover
£10.5M
Annual revenue
Net Worth
£9.8M
Balance sheet strength
Cash
£6.7M
Cash in the bank
Profit Before Tax
£2.6M
Bottom line earnings
Net Current Assets
£7.8M
Working capital
Current Assets
£9.5M
Current Liabilities
£1.7M
Fixed Assets
£2.6M
Debtors
£2.3M
Cost of Sales
£5.1M
Gross Profit
£5.4M
Admin Expenses
£2.9M
Operating Profit
£2.5M
Profit After Tax
£2.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.57 | +£2.2M |
| 2023 | 7.97 | +£1.3M |
| 2022 | 5.14 | +£732k |
| 2021 | 5.87 | +£689k |
| 2020 | 3.91 | +£964k |
| 2019 | 2.14 | +£1.2M |
| 2018 | 1.91 | — |
Derived from filed accounts. Not audited figures.