ASDA EXPRESS LIMITED
Formerly known as Euro Garages Limited, the company operates petrol filling stations and convenience stores across the UK as a subsidiary of Asda Group Limited.
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Cash
£400k
-98.6% lowest in 3 filed years
Net assets
£747m
-19.2% lowest in 3 filed years
Employees
4,129
-43% lowest in 3 filed years
Profit before tax
£485m
+268.8% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,779,743,000 | £2,532,508,000 | £1,494,014,000 | -41% | |
| Operating profit | £438,484,000 | £122,220,000 | £481,066,000 | +293.6% | |
| Profit before tax | £334,465,000 | £131,394,000 | £484,621,000 | +268.8% | |
| Net profit | £292,002,000 | £137,668,000 | £363,193,000 | +163.8% | |
| Cash | £38,518,000 | £27,665,000 | £400,000 | -98.6% | |
| Total assets less current liabilities | £1,008,563,000 | £1,145,888,000 | £1,026,603,000 | -10.4% | |
| Net assets | £786,786,000 | £924,454,000 | £746,628,000 | -19.2% | |
| Equity | £786,786,000 | £924,454,000 | £746,628,000 | -19.2% | |
| Average employees | 10,898 | 7,249 | 4,129 | -43% | |
| Wages | £187,069,000 | £129,831,000 | £78,013,000 | -39.9% | |
| Directors' remuneration | — | £1,000,000 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 15.8% | 4.8% | 32.2% | |
| Net margin | 10.5% | 5.4% | 24.3% | |
| Return on capital employed | 43.5% | 10.7% | 46.9% | |
| Gearing (liabilities / total assets) | 36.1% | 32.3% | 31.7% | |
| Current ratio | 1.90x | 2.63x | 2.28x | |
| Interest cover | 12.07x | 15.92x | 71.91x |
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.
Name history
Renamed 1 time since incorporation
- ASDA EXPRESS LIMITED 2024-08-13 → present
- EURO GARAGES LIMITED 2001-07-04 → 2024-08-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements for the period ended 31 December 2025 have been prepared on the going concern basis as the Directors have determined that the Company has sufficient resources and liquidity facilities to meet its liabilities as they fall due for a period of at least 12 months”
Group structure
- ASDA EXPRESS LIMITED · parent
- Wolfson Trago Limited 100%
- Wycliffe Moore Limited 100%
- Beehive FTG Limited 100%
Significant events
- “On 1 August 2025, the Directors hived the trade and assets of Asda Express Limited into Asda Stores Limited”
- “From 1 August 2025, the Company changed its principal activity to act as a property company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SELBY, Helen Kathryn | Secretary | 2023-10-31 | — | — |
| GLEESON, Michael | Director | 2023-10-31 | Mar 1969 | Irish |
| SELBY, Helen Kathryn | Director | 2024-12-16 | Mar 1969 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ISSA, Asma | Secretary | 2001-07-04 | 2008-04-18 |
| ISSA, Mohsin | Secretary | 2008-04-18 | 2016-07-19 |
| PATEL, Imraan Musa | Secretary | 2016-07-19 | 2023-10-31 |
| DCS CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2001-07-04 | 2001-07-04 |
| ISSA, Asma | Director | 2002-06-01 | 2008-04-18 |
| ISSA, Mohsin | Director | 2007-03-23 | 2024-12-19 |
| ISSA, Zuber Vali | Director | 2001-07-04 | 2023-10-31 |
| TATUM, Hayley | Director | 2024-12-16 | 2025-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Asda Group Limited | Corporate entity | Shares 75–100% | 2023-10-30 | Active |
| Mr Mohsin Issa | Individual | Significant influence | 2017-11-13 | Ceased 2017-11-13 |
| Mr Zuber Vali Issa | Individual | Significant influence | 2017-11-13 | Ceased 2017-11-13 |
| Tdr Capital General Partner Iii Limited | Corporate entity | Significant influence | 2017-11-13 | Ceased 2017-11-13 |
| Optima Bidco (Jersey) Limited | Corporate entity | Significant influence | 2017-11-13 | Ceased 2017-11-13 |
| Eg Finco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-10-30 |
| Intervias Finco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-11-13 |
| Eg Finco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-11-13 |
Filing timeline
Last 20 of 574 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- 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.