ASH HOLDCO 2 LIMITED
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Cash
—
Latest balance sheet
Net assets
-£21m
-20.5% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
-£3.6m
-5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | -£3,377,397 | -£3,413,893 | -£3,585,956 | -5% | |
| Net profit | -£3,377,397 | -£3,413,893 | -£3,585,956 | -5% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £49,142,195 | £47,676,561 | £43,977,967 | -7.8% | |
| Net assets | -£14,101,683 | -£17,515,576 | -£21,101,532 | -20.5% | |
| Equity | -£14,101,683 | -£17,515,576 | -£21,101,532 | -20.5% | |
| Average employees | — | — | — | — | |
| 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 | 2024-01-31 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 128.7% | 136.7% | 148.0% |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the Directors are confident that the Company, as part of this Group, 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.”
Group structure
- ASH HOLDCO 2 LIMITED · parent
- Ash Holdco 1 Limited 100%
- Alpha Schools (Highland) Holdings Limited 100%
- Alpha Schools (Highland) Project Plc 100%
- Alpha Schools (Highland) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUNNINGHAM, Kevin Alistair | Director | 2025-11-23 | Jan 1982 | British |
| SMALL, Stewart William | Director | 2024-10-01 | Aug 1975 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BHUWANIA, Achal Prakash | Director | 2018-04-25 | 2021-03-05 |
| O'BRIEN, Kirsty | Director | 2018-04-25 | 2024-10-01 |
| PEARCE, Glenn Sinclair | Director | 2021-03-05 | 2025-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ash Holdco 3 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-04-25 | Active |
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | CH01 | officers | Change person director company with change date | |
| 2024-10-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2023-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-15 | AA | accounts | Accounts with accounts type full | |
| 2022-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-07 | AA | accounts | Accounts with accounts type full | |
| 2021-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.