KBR (ASPIRE CONSTRUCTION VENTURES) LIMITED
Get an alert when KBR (ASPIRE CONSTRUCTION VENTURES) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£5.9m
-83.9% vs 2024
Net assets
£7.6m
+4.4% vs 2024
Employees
0
Average over period
Profit before tax
£3.1m
+114.6% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £5,126,000 | £4,958,000 | £9,272,000 | +87% | |
| Operating profit | — | £3,263,000 | -£588,000 | £1,473,000 | +350.5% | |
| Profit before tax | — | £5,076,000 | £1,443,000 | £3,097,000 | +114.6% | |
| Net profit | — | £3,846,000 | £1,082,000 | £2,323,000 | +114.7% | |
| Cash | — | — | £36,835,000 | £5,924,000 | -83.9% | |
| Total assets less current liabilities | — | — | £43,138,000 | £17,902,000 | -58.5% | |
| Net assets | — | — | £7,296,000 | £7,617,000 | +4.4% | |
| Equity | £10,368,000 | — | £7,296,000 | £7,617,000 | +4.4% | |
| Average employees | — | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 63.7% | -11.9% | 15.9% | |
| Net margin | — | 75.0% | 21.8% | 25.1% | |
| Return on capital employed | — | — | -1.4% | 8.2% | |
| Gearing (liabilities / total assets) | — | — | 85.9% | 68.9% | |
| Current ratio | — | — | 6.08x | 3.71x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “The outcome of the EPIC contract negotiations to establish a future framework”
- “The reliance on receiving a stream of new Authority funded projects and timing of their approvals.”
- “Tight funding environment in Defence for new capital projects.”
- “Ongoing warranty liability with new issues emerging over time and ability to close existing issues out with finality”
- “Subcontractor liquidation as a result of the current economic stresses and its impact on the warranty provision”
- “A smaller volume of future work may lead subcontractors to become more commercially aggressive as they view projects as one offs.”
- “Retaining staff with appropriate knowledge and experience to deliver future works and deal with warranty issues.”
- “In September 2025, KBR announced that it was planning to split into two, separately listed groups, with one primarily operating in the energy sector and the other servicing the defence sector. This had no impact on the trading activity of the company in 2025.”
- “During 2026, the ultimate shareholder of the company is anticipated to change and be listed separately from KBR, Inc.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CABLE-LEWIS, Merida Samantha Zena, Mrs. | Secretary | 2025-05-15 | — | — |
| GALINDO, Sonia | Secretary | 2023-01-23 | — | — |
| DONOHOE, Barry Robert | Director | 2024-09-24 | Apr 1972 | British |
| GOODWIN, Andrew Marino | Director | 2020-08-11 | Feb 1985 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KRAMER, Adam Miles, Mr. | Secretary | 2021-03-23 | 2023-01-11 |
| MCHALE, Kieron, Mr. | Secretary | 2020-06-19 | 2020-10-01 |
| OWEN, Susan Meirion | Secretary | 2018-03-05 | 2020-06-19 |
| WILSON, Gina Mary | Secretary | 2020-10-01 | 2021-03-23 |
| ARTHUR, Stephen John | Director | 2018-03-05 | 2020-12-31 |
| BARRETT, James Arthur | Director | 2018-03-05 | 2020-07-31 |
| BARRIE, Andrew Jonathan | Director | 2021-01-01 | 2022-09-30 |
| JACOBS, Matthew Philip, Mr. | Director | 2022-11-22 | 2024-09-12 |
| KERRY, Robert Paul | Director | 2018-03-05 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kbr (Aspire Construction Ventures) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-04-09 | Active |
| Kellogg Brown & Root Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-05 | Ceased 2018-04-09 |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-05-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-28 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-01-08 | AA | accounts | Accounts with accounts type full | |
| 2022-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-29 | AA | accounts | Accounts with accounts type full | |
| 2021-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-09 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.