ASSET ALLIANCE LEASING LIMITED
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Cash
£2.4M
+33.8% highest in 3 filed years
Net assets
£6.7M
+171.3% highest in 3 filed years
Employees
150
+0.7% highest in 3 filed years
Profit before tax
-£3.4M
-10,919.5% lowest in 3 filed years
Net assets
3-year trend · vs Financials 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 | £101,741,170 | £115,493,784 | £121,813,650 | +5.5% | |
| Operating profit | £10,910,298 | £15,296,475 | £10,053,371 | -34.3% | |
| Profit before tax | £685,942 | -£30,425 | -£3,352,687 | -10,919.5% | |
| Net profit | £451,732 | -£843,844 | -£2,836,784 | -236.2% | |
| Cash | £1,914,567 | £1,756,919 | £2,350,187 | +33.8% | |
| Total assets less current liabilities | £326,618,728 | £362,074,853 | £392,075,349 | +8.3% | |
| Net assets | -£8,492,274 | -£9,336,118 | £6,654,126 | +171.3% | |
| Equity | -£8,492,274 | -£9,336,118 | £6,654,126 | +171.3% | |
| Average employees | 139 | 149 | 150 | +0.7% | |
| Wages | £8,239,592 | £8,138,557 | £8,425,480 | +3.5% | |
| Directors' remuneration | £1,594,931 | £1,276,595 | £1,354,100 | +6.1% |
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 | 10.7% | 13.2% | 8.3% | |
| Net margin | 0.4% | -0.7% | -2.3% | |
| Return on capital employed | 3.3% | 4.2% | 2.6% | |
| Gearing (liabilities / total assets) | 102.3% | 102.4% | 98.4% | |
| Current ratio | 2.62x | 3.17x | 8.02x | |
| Interest cover | 1.07x | 1.00x | 0.75x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company is funded by a £450m overdraft facility from Arbuthnot Latham & Co,. Limited, an intermediate parent company. As the company has access to significant funds through this facility, and given the commitment and support from the parent company, the Directors believe that the preparation of the financial statements on a going concern basis is appropriate.”
Group structure
- ASSET ALLIANCE LEASING LIMITED · parent
- Asset Alliance Limited 100%
- Forest Asset Finance Limited 100%
- ATE Truck and Trailer Sales Limited 100%
- Hanbury Riverside Limited 100%
- AAG Traffic Management Limited 100%
- Valley Finance Limited 100%
Significant events
- “During the year as part of a wider group reorganisation the intercompany balance of £18.8m due to Asset Alliance Finance Limited was novated to the company's parent, Asset Alliance Group Holdings Limited.”
- “During the year the company invested a further £3.4m in technology and was the recipient of the 'Salesforce 2025 Partner Innovation Award (Financial Services)' for our use of Salesforce Automotive Cloud and Agentforce to modernise our fleet management and financial service offering.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JENNINGS, Nicholas David De Burgh | Secretary | 2021-03-31 | — | — |
| BYCROFT, Michael | Director | 2021-03-31 | Sep 1973 | British |
| PATERSON, William Hamilton | Director | 2015-12-24 | Jan 1967 | British |
| WILSON, Donald | Director | 2019-01-01 | Apr 1964 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRAWFORD, David | Secretary | 2018-09-11 | 2021-03-31 |
| MCARTHUR, Douglas Brown | Secretary | 2015-12-24 | 2018-09-11 |
| BARKER, Stephen William | Director | 2016-01-01 | 2016-07-12 |
| CRAWFORD, David Scott | Director | 2019-01-01 | 2021-03-31 |
| EVANS, Allan Thomas | Director | 2015-12-24 | 2016-12-31 |
| JENKINS, James Stuart | Director | 2015-12-24 | 2022-05-31 |
| LANNON, Adrian Michael | Director | 2015-12-24 | 2023-01-18 |
| MCARTHUR, Douglas Brown | Director | 2015-12-24 | 2021-03-31 |
| MCDOUGALL, Richard James | Director | 2015-12-24 | 2021-03-31 |
| POTTER, David Michael | Director | 2017-02-01 | 2020-08-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Asset Alliance Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) | 2024-05-21 | Active |
| Asset Alliance Group Finance No 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-05-21 |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-17 | CH01 | officers | Change person director company with change date | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-10 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-03 | AA | accounts | Accounts with accounts type full | |
| 2023-02-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-02-23 | CH01 | officers | Change person director company with change date | |
| 2023-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.