GILBERT-ASH LIMITED
Get an alert when GILBERT-ASH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£44m
+3.9% vs 2024
Net assets
£29m
-2.4% vs 2024
Employees
178
-4.8% lowest in 3 filed years
Profit before tax
£7.4m
+59.8% highest in 3 filed years
Net assets
3-year trend · vs Industrials 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 | £262,844,343 | £235,661,516 | £195,582,884 | -17% | |
| Operating profit | £1,119,269 | £3,786,037 | £6,398,593 | +69% | |
| Profit before tax | £1,892,642 | £4,611,601 | £7,369,790 | +59.8% | |
| Net profit | £1,378,089 | £3,522,810 | £5,242,786 | +48.8% | |
| Cash | £46,324,338 | £42,667,345 | £44,322,574 | +3.9% | |
| Total assets less current liabilities | £29,670,894 | £30,345,319 | £29,570,427 | -2.6% | |
| Net assets | £29,183,503 | £29,963,813 | £29,256,599 | -2.4% | |
| Equity | £29,183,503 | £29,963,813 | £29,256,599 | -2.4% | |
| Average employees | 200 | 187 | 178 | -4.8% | |
| Wages | £12,945,120 | £11,563,313 | £11,488,310 | -0.6% | |
| Directors' remuneration | £2,054,675 | £1,754,450 | £1,695,242 | -3.4% | |
| Directors' pension contributions | £107,758 | £111,687 | £155,152 | +38.9% | |
| Highest paid director | £434,818 | £434,818 | £467,449 | +7.5% |
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 | 0.4% | 1.6% | 3.3% | |
| Net margin | 0.5% | 1.5% | 2.7% | |
| Return on capital employed | 3.8% | 12.5% | 21.6% | |
| Gearing (liabilities / total assets) | 68.7% | 65.7% | 66.1% | |
| Current ratio | 1.41x | 1.48x | 1.47x |
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 1 time since incorporation
- GILBERT-ASH LIMITED 2012-04-26 → present
- GILBERT-ASH N.I. LIMITED 1947-06-30 → 2012-04-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers (Northern Ireland) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. The company has a strong pipeline of secured work for the next financial year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUTCHINSON, Ray | Secretary | — | — | British |
| BEGLEY, Ciaran | Director | 2026-01-01 | May 1978 | Irish |
| COALTER, Rodney | Director | 2026-01-01 | Sep 1978 | British |
| DORAN, Sean | Director | 2026-01-01 | Apr 1980 | Irish |
| HUTCHINSON, Ray | Director | 2003-12-19 | Dec 1971 | British |
| MCMEEL, Finbarr | Director | 2014-04-18 | Aug 1974 | Irish |
| MOORE, Sean | Director | 2014-04-18 | Mar 1970 | Irish |
| NUTT, Mark John | Director | 2008-05-01 | Dec 1968 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARR, Sean | Director | — | 2001-06-08 |
| GILROY, Raymond | Director | 2005-04-04 | 2026-04-30 |
| HART, John | Director | 2001-03-01 | 2012-08-31 |
| HUGHES, Gerard Charles | Director | 2003-08-01 | 2024-06-28 |
| O'NEILL, Edwin Gerard | Director | — | 2012-09-14 |
| PATTERSON, John Anthony | Director | — | 2002-08-31 |
| PURDY, Leslie | Director | — | 2000-03-31 |
| RAINEY, John Anthony | Director | — | 2002-05-31 |
| REYNOLDS, Anthony | Director | — | 2007-12-31 |
| SHAW, William Robert | Director | — | 2003-12-19 |
| WILSON, John | Director | — | 2011-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ards Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 255 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | AA | accounts | Accounts with accounts type full | |
| 2026-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-27 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-07-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-04-04 | CH03 | officers | Change person secretary company with change date | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-12-19 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.