ASE UK HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-12 (in 4mo)
Last made up 2025-08-29
Watchouts
None on the register
Cash
£1M
+177.2% vs 2023
Net assets
£4M
-51% vs 2023
Employees
0
Average over period
Profit before tax
-£4M
-141.9% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £55,635 | £519,801 | |
| Operating profit | -£2,214,394 | -£2,997,220 | |
| Profit before tax | £10,413,859 | -£4,364,469 | |
| Net profit | £10,413,859 | -£4,032,661 | |
| Cash | £488,292 | £1,353,367 | |
| Total assets less current liabilities | £13,349,922 | £11,577,186 | |
| Net assets | £7,905,283 | £3,871,883 | |
| Equity | £7,905,283 | £3,871,883 | |
| Average employees | 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+834.3%
£55,635 £519,801
-
Cash
+177.2%
£488,292 £1,353,367
-
Net assets
-51%
£7,905,283 £3,871,883
-
Employees
—
Not reported
-
Operating profit
-35.4%
-£2,214,394 -£2,997,220
-
Profit before tax
-141.9%
£10,413,859 -£4,364,469
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -16.6% | -25.9% | |
| Current ratio | 0.46x | 0.28x | |
| Interest cover | -10.00x | -1.79x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group or Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- ASE UK HOLDINGS LIMITED · parent
- Totleywells Net Zero Limited 100%
- Ampyr Energy UK Development Limited 100%
- ASE Europäische Erneuerbare Energien II GmbH 100%
- ASE Procurement Services Limited 100%
- ASE UK Community Solar I Limited 100%
- ASE-EA Solar Limited 100%
- Birchall Green Solar Farm Limited 100%
- Brackley Solar Farm Limited 100%
- Camp Farm Solar Limited 100%
- Corsham Solar Farm Limited 100%
- Cotes Heath Solar Limited 100%
- Devizes Solar Limited 100%
- Flaxlands Solar Farm Limited 100%
- Keith Solar PV Limited 100%
- Mount Owen Solar Limited 100%
- New Acres Solar Limited 100%
- Norchard Solar Farm Limited 100%
- North Newton Solar Farm Limited 100%
- Pennymoor Solar Limited 100%
- Poppleton Solar Limited 100%
- Sutton on the Forest Solar Limited 100%
- Trinlaymire Net Zero Solar Limited 100%
- WGC Solar Limited 100%
- Wilsford Hill Solar Limited 100%
- Witney Solar Limited 100%
- Northwold Solar Farm Limited 100%
- Leeming Solar Farm Limited 100%
Significant events
- “On 22 August 2024 and 25 November 2024, there were group restructure taken place through share exchanges between the Company and ASE UK Community Solar I Limited, an indirect 100% owned subsidiary of ASE UK Holdings Limited, 2 entities were sold by ASE UK Holdings Limited to ASE UK Community Solar I Limited, there was no change in ultimate control.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AGRAWAL, Tarun | Director | 2025-12-17 | Dec 1974 | Indian |
| DADACHANJI, Cyrus | Director | 2025-12-17 | Jul 1966 | British |
| GOULD, Andrew Julian | Director | 2021-05-21 | Feb 1957 | British |
| MASON, Stephen John | Director | 2021-05-21 | Sep 1964 | British |
| MENON, Dhruv | Director | 2021-08-22 | Mar 1978 | British |
| WOOD, Mark William | Director | 2025-12-17 | Mar 1975 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GARSKE, Paul Martin, Mr. | Director | 2021-05-21 | 2022-02-11 |
| GATHALA, Rajesh, Mr. | Director | 2021-05-21 | 2025-12-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ase Holdings 1 Bv | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-17 | Ceased 2021-12-17 |
| Ase Holdings 1 B.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-17 | Active |
| Ampyr Solar Europe Gp Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-30 | Ceased 2021-12-17 |
| Ampyr Energy Uk Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-21 | Ceased 2021-07-30 |
Filing timeline
Last 20 of 38 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-22 RESOLUTIONS Resolution
- 2026-01-22 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-22 | MA | incorporation | Memorandum articles | |
| 2026-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-16 | AA | accounts | Accounts with accounts type group | |
| 2024-09-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-21 | AA | accounts | Accounts with accounts type group | |
| 2023-06-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- 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.