ASPIRE DEFENCE HOLDINGS LIMITED
Backed by investors including KBR, this holding company oversees the Aspire Defence joint venture, which delivers a major Private Finance Initiative contract to build and maintain living and working accommodation for the Ministry of Defence across British Army garrisons.
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Cash
£4.9M
+394.8% highest in 3 filed years
Net assets
£20M
+171% highest in 3 filed years
Employees
22
+4.8% highest in 3 filed years
Profit before tax
£52M
+39.6% highest in 3 filed years
Net assets
3-year trend · vs Real Estate 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 | £250,343,000 | £305,156,000 | £277,858,000 | -8.9% | |
| Operating profit | £23,982,000 | £28,604,000 | £45,988,000 | +60.8% | |
| Profit before tax | £33,619,000 | £37,444,000 | £52,270,000 | +39.6% | |
| Net profit | £25,704,000 | £28,116,000 | £39,193,000 | +39.4% | |
| Cash | £583,000 | £994,000 | £4,918,000 | +394.8% | |
| Total assets less current liabilities | £1,217,268,000 | £1,174,882,000 | — | — | |
| Net assets | £6,092,000 | £7,307,000 | £19,800,000 | +171% | |
| Equity | £6,092,000 | £7,307,000 | £19,800,000 | +171% | |
| Average employees | 19 | 21 | 22 | +4.8% | |
| Wages | £1,478,000 | £1,601,000 | £1,841,000 | +15% | |
| Directors' remuneration | £732,000 | £980,000 | £886,000 | -9.6% |
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 | 9.6% | 9.4% | 16.6% | |
| Net margin | 10.3% | 9.2% | 14.1% | |
| Return on capital employed | 2.0% | 2.4% | — | |
| Gearing (liabilities / total assets) | 99.5% | 99.4% | 98.4% | |
| Current ratio | 3.35x | 3.60x | 3.00x | |
| Interest cover | 0.34x | 0.42x | 0.71x |
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 2 times since incorporation
- ASPIRE DEFENCE HOLDINGS LIMITED 2006-02-10 → present
- ASPIRE DEFENCE LIMITED 2003-06-19 → 2006-02-10
- INTERCEDE 1855 LIMITED 2003-04-11 → 2003-06-19
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP, Statutory Auditor
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared cash flow forecasts which indicate that, taking account of severe but plausible downsides, the Group and Company will have sufficient funds to meet its liabilities as they fall due for that period.”
Group structure
- ASPIRE DEFENCE HOLDINGS LIMITED · parent
- Aspire Defence Limited 100%
- Aspire Defence Finance plc 100%
Significant events
- “KBR has announced that it intends to 'spin-off the significant part of its business in early 2027 which holds its interests in both ADS and ADCW.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| USHER, Simon Jeffrey | Secretary | 2025-03-31 | — | — |
| BEAZLEY-LONG, Graham Maurice | Director | 2011-01-27 | Feb 1960 | British |
| BROOKING, David John | Director | 2016-04-28 | Jan 1967 | British |
| COLYER, Vanessa Jane | Director | 2022-03-24 | Nov 1969 | British |
| DONOHOE, Barry Robert | Director | 2025-03-27 | Apr 1972 | British |
| GOODWIN, Andrew Marino | Director | 2024-03-21 | Feb 1985 | American |
| HEATH, James Christopher | Director | 2022-06-23 | Dec 1975 | British |
| RHYS WILLIAMS, Gareth Arthur Ludovic Emrys, Sir | Director | 2026-01-12 | Nov 1961 | British |
| SAUNDERS, Nicola | Director | 2019-05-30 | Sep 1974 | British |
| THOMSON, Allan David Mcdonald | Director | 2014-06-30 | Dec 1964 | British |
| THORNE, Alexander Victor | Director | 2022-01-05 | Mar 1989 | British |
| USHER, Simon Jeffrey | Director | 2025-03-31 | Dec 1966 | British |
| WEBBER, Matthew James | Director | 2009-12-11 | May 1963 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCOLL, Angus Robert | Secretary | 2006-06-01 | 2024-12-04 |
| THOMSON, Allan David Mcdonald | Secretary | 2024-12-04 | 2025-03-31 |
| CARILLION SECRETARIAT LIMITED | Corporate Secretary | 2003-06-19 | 2006-06-01 |
| MITRE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-04-11 | 2003-06-19 |
| BARRIE, Andrew Jonathan | Director | 2015-01-29 | 2022-11-05 |
| BARRIE, Andrew Jonathan | Director | 2008-04-07 | 2013-07-18 |
| BARRIENTOS, Rebekah Arlene | Director | 2011-09-06 | 2014-03-21 |
| BOWDEN, Timothy John | Director | 2013-11-21 | 2014-08-01 |
| BRYDEN, Gordon | Director | 2006-11-28 | 2008-04-07 |
| CAINES, Amanda Elizabeth | Director | 2015-09-24 | 2017-12-07 |
| COOPER, Phillip John | Director | 2007-07-27 | 2011-10-01 |
| CROWTHER, Nicholas John Edward | Director | 2009-12-11 | 2010-10-21 |
| DICKSON, Duncan Elliot | Director | 2005-07-01 | 2006-05-31 |
| FAULKNER, Anthony Robert | Director | 2014-08-28 | 2018-09-11 |
| HENRY, Larry Jay | Director | 2004-11-01 | 2019-05-30 |
| HERZBERG, Francis Robin | Director | 2006-05-31 | 2013-06-27 |
| HOANG, Vu | Director | 2013-05-16 | 2014-08-11 |
| HUNG, Se Ming | Director | 2005-07-01 | 2006-09-11 |
| HURCOMB, David Stuart | Director | 2007-06-30 | 2007-12-31 |
| KENNY, Thomas Donald | Director | 2006-04-30 | 2007-06-30 |
| KINGHORN, Andre Eugene | Director | 2017-12-07 | 2018-09-11 |
| KOYE, Kenneth Alan | Director | 2006-11-28 | 2008-10-22 |
| LEVERD, Clement David Baptiste | Director | 2021-11-25 | 2022-06-23 |
| LUMBY, Richard Gregg | Director | 2007-12-31 | 2013-06-27 |
| MCCOLL, Angus Robert | Director | 2003-10-16 | 2024-12-04 |
| MEAD, Christopher John | Director | 2004-01-23 | 2004-10-13 |
| MEFFAN, Peter John | Director | 2013-08-29 | 2024-10-16 |
| MONK, Dougal Stuart Donald, Mr. | Director | 2022-11-24 | 2023-12-19 |
| MOORE, Arthur Harold | Director | 2013-08-29 | 2025-09-30 |
| MOORE, Arthur Harold | Director | 2003-06-19 | 2013-06-27 |
| NADESAN, Siva | Director | 2009-01-29 | 2011-09-06 |
| NADESAN, Siva | Director | 2006-02-01 | 2006-11-28 |
| PICKARD, Keith William | Director | 2013-06-27 | 2015-09-24 |
| QUAIFE, Geoffrey Alan | Director | 2007-07-27 | 2018-08-12 |
| SCHNEIDER, Chip | Director | 2014-03-27 | 2015-01-19 |
| SEMPLE, Brian Mervyn | Director | 2010-10-21 | 2016-04-28 |
| SMART, Peter | Director | 2003-06-19 | 2014-07-11 |
| SPRINGETT, Scott | Director | 2017-12-07 | 2021-06-24 |
| USHER, Simon Jeffrey | Director | 2009-03-26 | 2013-03-28 |
| WAYMENT, Mark Christopher | Director | 2012-11-30 | 2017-12-07 |
| WEGENER, Elena Giorgiana | Director | 2018-08-30 | 2021-11-25 |
| WOODHAMS, Mark Richard | Director | 2006-04-06 | 2007-07-27 |
| WOODWARD, Keith | Director | 2006-02-01 | 2006-04-30 |
| MITRE DIRECTORS LIMITED | Corporate Nominee Director | 2003-04-11 | 2003-06-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kbr (U.K.) Investments Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-11-18 |
| Innisfree Secondary Partners 1 Llp | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-11-18 |
| Innisfree Secondary Partners 1 Llp | Corporate entity | Shares 25–50% | 2016-04-06 | Active |
| Kbr (U.K.) Investments Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 195 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type group | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | AA | accounts | Accounts with accounts type group | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-08 | AA | accounts | Accounts with accounts type group | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.