ASCO HOLDINGS LIMITED
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Cash
£262k
-54% lowest in 3 filed years
Net assets
£91m
+53.3% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£12m
-83.9% first positive since 2023
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 | — | — | — | — | |
| Operating profit | -£13,536,000 | £73,000 | £2,276,000 | +3,017.8% | |
| Profit before tax | -£11,676,000 | £74,037,000 | £11,889,000 | -83.9% | |
| Net profit | -£11,595,000 | £74,433,000 | £11,923,000 | -84% | |
| Cash | £661,000 | £569,000 | £262,000 | -54% | |
| Total assets less current liabilities | £15,057,000 | £59,026,000 | — | — | |
| Net assets | £15,057,000 | £59,026,000 | £90,505,000 | +53.3% | |
| Equity | £15,057,000 | £59,026,000 | £90,505,000 | +53.3% | |
| Average employees | 28 | 23 | — | — | |
| Wages | £3,152,000 | £3,185,000 | £3,328,000 | +4.5% | |
| Directors' remuneration | £3,204,000 | £679,000 | — | — |
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 |
|---|---|---|---|---|
| Return on capital employed | -89.9% | 0.1% | — | |
| Gearing (liabilities / total assets) | 83.2% | 31.2% | — | |
| Current ratio | 0.25x | 0.54x | 1.55x | |
| Interest cover | — | 24.33x | — |
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
- ASCO HOLDINGS LIMITED 2006-05-12 → present
- DELTADEAL LIMITED 2006-04-12 → 2006-05-12
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has received a letter of support from Project Advance Topco Limited confirming that the Group controlled by Project Advance Topco Limited will provide or procure sufficient funds as necessary to allow ASCO Holdings Limited to continue its operations for at least 12 months after these financial statements are signed.”
Group structure
- ASCO HOLDINGS LIMITED · parent
- ASCO (St Lucia) Limited 100%
- ASCO Australia Pty Limited 100%
- North Sea Lifting Limited 100%
- OBM Limited 100%
- Seletar Shipping Limited 100%
- ASCO Canada Limited 100%
- ASCO Freight Management Limited 100%
- ASCO Holdings Norge AS 100%
- ASCO JV Holdings Limited 100%
- ASCO Logistics Limited 100%
- ASCO Marine Limited 100%
- ASCO Norge AS 100%
- ASCO Properties Limited 100%
- ASCO Senegal LLC 100%
- ASCO Decommissioning Limited 100%
- ASCO UK Limited 100%
- ASCO Ventures Limited 100%
- ASCO Net Zero Limited 100%
- ASCO Energy Logistics Namibia (Proprietary) Limited 100%
- ASCO Trinidad Limited 100%
- Hausvik Energy Yard AS 20%
- Kristiansund Base AS 50%
- Manatokan Oilfield Services Inc. 100%
- NORM Solutions Limited 100%
- NS Lifting America Inc. 100%
- ASCO Transport and Logistics Pty Ltd. 100%
- Enviroco Limited 100%
Significant events
- “During the year Advanced Logistics LLC was dissolved on 1 July 2025 and Enviroco Trinidad Limited was dissolved on 9 September 2025.”
- “On 19 May 2026, the Group entered into new financing arrangements with the existing lender group (BZ Commercial Finance and Leumi UK Group) effective 1 July 2026 which will provide additional liquidity to support the growth of the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCINTYRE, Fraser Nicol | Secretary | 2012-05-28 | — | — |
| PETTIGREW, Timothy Michael Robert | Director | 2023-08-29 | Jan 1967 | British |
| WRIGHT, Antony Robert William | Director | 2023-07-03 | Nov 1971 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KENNEDY, William Stewart | Secretary | 2006-05-04 | 2011-03-31 |
| MCKENZIE, Lindsay-Anne | Secretary | 2011-03-31 | 2012-05-28 |
| P & W SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-04-12 | 2006-05-04 |
| ALLAN, William Macdonald | Director | 2006-10-25 | 2014-12-08 |
| BROWN, Alan John | Director | 2014-12-09 | 2018-09-25 |
| FRANCE, Peter Ian | Director | 2018-10-01 | 2023-08-29 |
| LIPP, Marianne Hope | Director | 2019-05-01 | 2020-03-20 |
| LITTNER, Claude Manuel | Director | 2006-05-04 | 2006-10-25 |
| LOCH, William | Director | 2006-10-25 | 2012-05-28 |
| MALLETT, Andrew Howard | Director | 2006-05-04 | 2006-10-25 |
| PAVER, Gary Neil | Director | 2020-03-20 | 2023-06-30 |
| ROSS, Ian Macarthur | Director | 2006-10-25 | 2013-02-27 |
| SMITH, Derek | Director | 2013-02-27 | 2014-12-04 |
| WALKER, Mark Johnstone | Director | 2013-02-27 | 2019-05-01 |
| WATT, John Baird Watson | Director | 2015-03-12 | 2015-10-01 |
| P & W DIRECTORS LIMITED | Corporate Nominee Director | 2006-04-12 | 2006-05-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Asco Acquisitions Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-22 | Active |
| Asco (Dc4) Limited | Corporate entity | Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-12-22 |
| Hsbc Corporate Trustee Company (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-08-11 |
Filing timeline
Last 20 of 179 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-16 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-27 | SH01 | capital | Capital allotment shares | |
| 2026-01-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-07-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-18 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2024-07-12 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2024-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-21 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- 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.