ash contracting limited
ash contracting limited Company Information
Company Number
05076612
Next Accounts
Sep 2025
Shareholders
ash connect limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
83 cambridge street, pimlico, london, SW1V 4PS
Website
www.ashltd.bizash contracting limited Estimated Valuation
Pomanda estimates the enterprise value of ASH CONTRACTING LIMITED at £12.3m based on a Turnover of £25.9m and 0.47x industry multiple (adjusted for size and gross margin).
ash contracting limited Estimated Valuation
Pomanda estimates the enterprise value of ASH CONTRACTING LIMITED at £3.7m based on an EBITDA of £830.1k and a 4.45x industry multiple (adjusted for size and gross margin).
ash contracting limited Estimated Valuation
Pomanda estimates the enterprise value of ASH CONTRACTING LIMITED at £4.2m based on Net Assets of £1.9m and 2.21x industry multiple (adjusted for liquidity).
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Ash Contracting Limited Overview
Ash Contracting Limited is a live company located in london, SW1V 4PS with a Companies House number of 05076612. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 2004, it's largest shareholder is ash connect limited with a 100% stake. Ash Contracting Limited is a mature, large sized company, Pomanda has estimated its turnover at £25.9m with healthy growth in recent years.
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Ash Contracting Limited Health Check
Pomanda's financial health check has awarded Ash Contracting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £25.9m, make it larger than the average company (£8.5m)
£25.9m - Ash Contracting Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.3%)
15% - Ash Contracting Limited
9.3% - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (24.5%)
10.9% - Ash Contracting Limited
24.5% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (6%)
3.2% - Ash Contracting Limited
6% - Industry AVG
Employees
with 51 employees, this is above the industry average (36)
51 - Ash Contracting Limited
36 - Industry AVG
Pay Structure
on an average salary of £61.3k, the company has a higher pay structure (£49.7k)
£61.3k - Ash Contracting Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £508.2k, this is more efficient (£202.2k)
£508.2k - Ash Contracting Limited
£202.2k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (56 days)
49 days - Ash Contracting Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (37 days)
4 days - Ash Contracting Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ash Contracting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (20 weeks)
23 weeks - Ash Contracting Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a higher level of debt than the average (60.8%)
74.5% - Ash Contracting Limited
60.8% - Industry AVG
ASH CONTRACTING LIMITED financials
Ash Contracting Limited's latest turnover from December 2023 is £25.9 million and the company has net assets of £1.9 million. According to their latest financial statements, Ash Contracting Limited has 51 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,920,376 | 31,353,314 | 23,349,779 | 17,091,881 | 19,584,272 | 20,763,020 | 17,367,080 | 17,781,461 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 23,101,958 | 29,091,944 | 21,109,277 | 15,354,508 | 17,454,365 | 18,239,223 | 15,523,867 | 15,826,451 | |||||||
| Gross Profit | 2,818,418 | 2,261,370 | 2,240,502 | 1,737,373 | 2,129,907 | 2,523,797 | 1,843,213 | 1,955,010 | 1,952,702 | ||||||
| Admin Expenses | 1,997,991 | 1,903,446 | 1,728,845 | 1,512,505 | 1,809,137 | 1,347,464 | 1,433,860 | 1,591,556 | 1,313,968 | ||||||
| Operating Profit | 820,427 | 357,924 | 511,657 | 224,868 | 320,770 | 1,176,333 | 409,353 | 363,454 | 638,734 | ||||||
| Interest Payable | 13,217 | 13,298 | 17,562 | 9,161 | 4,819 | 14,308 | 46,883 | 49,315 | 103,060 | ||||||
| Interest Receivable | 19,034 | 5,070 | 4,404 | 1,797 | 1,288 | 2,529 | 616 | 2,242 | 470 | ||||||
| Pre-Tax Profit | 826,244 | 349,696 | 498,499 | 217,504 | 317,239 | 1,164,554 | 363,086 | 316,381 | 536,144 | ||||||
| Tax | 0 | 153,409 | -104,644 | 163,416 | 99,664 | 15,913 | -81,924 | -40,506 | -160,091 | ||||||
| Profit After Tax | 826,244 | 503,105 | 393,855 | 380,920 | 416,903 | 1,180,467 | 281,162 | 275,875 | 376,053 | ||||||
| Dividends Paid | 10,000 | 91,999 | 0 | 340,000 | 200,000 | 2,240,500 | 37,500 | 300,000 | 0 | ||||||
| Retained Profit | 816,244 | 411,106 | 393,855 | 40,920 | 216,903 | -1,060,033 | 243,662 | -24,125 | 376,053 | ||||||
| Employee Costs | 3,125,848 | 3,660,657 | 3,156,015 | 3,153,997 | 2,993,882 | 2,807,690 | 2,101,999 | 1,920,567 | |||||||
| Number Of Employees | 51 | 77 | 71 | 61 | 49 | 42 | 42 | 44 | 10 | ||||||
| EBITDA* | 830,069 | 372,227 | 531,015 | 250,679 | 355,186 | 1,216,885 | 442,969 | 396,423 | 663,386 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,927 | 39,587 | 58,075 | 77,433 | 103,244 | 121,656 | 1,592,444 | 1,590,509 | 1,595,867 | 1,549,182 | 1,256,942 | 391,512 | 406,847 | 12,973 | 15,779 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,927 | 39,587 | 58,075 | 77,433 | 103,244 | 121,656 | 1,592,444 | 1,590,509 | 1,595,867 | 1,549,182 | 1,256,942 | 391,512 | 406,847 | 12,973 | 15,779 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 266,000 | 403,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,514,336 | 2,215,150 | 3,480,208 | 2,373,456 | 3,356,797 | 1,976,962 | 1,522,500 | 1,388,702 | 2,442,370 | 670,297 | 708,403 | 1,081,845 | 1,130,713 | 973,728 | 584,138 |
| Group Debtors | 0 | 0 | 0 | 2,061 | 0 | 510,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,559,805 | 1,667,067 | 1,135,846 | 1,013,412 | 932,709 | 934,407 | 1,033,003 | 1,192,563 | 0 | 0 | 0 | 0 | 297 | 34 | 0 |
| Cash | 2,384,168 | 2,503,453 | 1,945,493 | 2,181,643 | 734,178 | 490,455 | 1,867,587 | 1,104,496 | 649,091 | 538,133 | 1,327,477 | 1,068,586 | 484,349 | 547,416 | 530,486 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 311,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,458,309 | 6,385,670 | 6,561,547 | 5,570,572 | 5,023,684 | 4,223,424 | 4,426,090 | 3,685,761 | 3,357,461 | 1,611,430 | 2,035,880 | 2,150,431 | 1,615,359 | 1,521,178 | 1,114,624 |
| total assets | 7,487,236 | 6,425,257 | 6,619,622 | 5,648,005 | 5,126,928 | 4,345,080 | 6,018,534 | 5,276,270 | 4,953,328 | 3,160,612 | 3,292,822 | 2,541,943 | 2,022,206 | 1,534,151 | 1,130,403 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 173,970 | 13,763 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 100,000 | 100,000 | 100,000 | 50,000 | 0 | 0 | 0 | 9,176 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 283,844 | 197,971 | 136,209 | 263,114 | 339,304 | 278,169 | 163,643 | 245,657 | 2,178,722 | 1,262,797 | 1,957,760 | 1,789,585 | 1,396,332 | 1,268,965 | 889,730 |
| Group/Directors Accounts | 232,828 | 0 | 3,620 | 5,145 | 8,558 | 5,870 | 0 | 22,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 2,510 | 17,651 | 35,278 | 35,625 | 54,382 | 54,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,745,462 | 4,375,602 | 4,484,706 | 3,317,130 | 3,223,251 | 2,525,081 | 1,813,738 | 1,201,093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,362,134 | 4,673,573 | 4,727,045 | 3,653,040 | 3,606,391 | 3,018,715 | 2,045,526 | 1,533,363 | 2,178,722 | 1,262,797 | 1,957,760 | 1,789,585 | 1,396,332 | 1,268,965 | 889,730 |
| loans | 141,669 | 241,668 | 341,667 | 450,000 | 0 | 0 | 958,514 | 972,075 | 0 | 0 | 71,535 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 2,910 | 19,402 | 42,133 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 249,648 | 407,539 | 32,156 | 110,992 | 220,000 | 0 | 0 |
| provisions | 77,173 | 0 | 0 | 0 | 0 | 0 | 111,705 | 111,705 | 111,705 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 218,842 | 241,668 | 341,667 | 452,910 | 19,402 | 42,133 | 1,070,219 | 1,083,780 | 361,353 | 407,539 | 103,691 | 110,992 | 220,000 | 0 | 0 |
| total liabilities | 5,580,976 | 4,915,241 | 5,068,712 | 4,105,950 | 3,625,793 | 3,060,848 | 3,115,745 | 2,617,143 | 2,540,075 | 1,670,336 | 2,061,451 | 1,900,577 | 1,616,332 | 1,268,965 | 889,730 |
| net assets | 1,906,260 | 1,510,016 | 1,550,910 | 1,542,055 | 1,501,135 | 1,284,232 | 2,902,789 | 2,659,127 | 2,413,253 | 1,490,276 | 1,231,371 | 641,366 | 405,874 | 265,186 | 240,673 |
| total shareholders funds | 1,906,260 | 1,510,016 | 1,550,910 | 1,542,055 | 1,501,135 | 1,284,232 | 2,902,789 | 2,659,127 | 2,413,253 | 1,490,276 | 1,231,371 | 641,366 | 405,874 | 265,186 | 240,673 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 820,427 | 357,924 | 511,657 | 224,868 | 320,770 | 1,176,333 | 409,353 | 363,454 | 638,734 | ||||||
| Depreciation | 9,642 | 14,303 | 19,358 | 25,811 | 34,416 | 40,552 | 33,616 | 32,969 | 24,652 | 136,692 | 143,194 | 61,827 | 66,937 | 4,157 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 153,409 | -104,644 | 163,416 | 99,664 | 15,913 | -81,924 | -40,506 | -160,091 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -266,000 | -137,000 | 403,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,191,924 | -733,837 | 1,227,125 | -900,577 | 868,137 | 862,866 | -22,762 | 138,895 | 1,772,073 | -38,106 | -373,442 | -49,165 | 157,248 | 389,624 | 584,138 |
| Creditors | 85,873 | 61,762 | -126,905 | -76,190 | 61,135 | 114,526 | -82,014 | -1,933,065 | 915,925 | -694,963 | 168,175 | 393,253 | 127,367 | 379,235 | 889,730 |
| Accruals and Deferred Income | 369,860 | -109,104 | 1,167,576 | 93,879 | 698,170 | 711,343 | 612,645 | 1,201,093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 77,173 | 0 | 0 | 0 | 0 | -111,705 | 0 | 0 | 111,705 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 171,051 | 1,212,131 | 239,917 | 1,332,361 | 346,018 | 1,084,096 | 914,438 | -248,950 | -104,148 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 50,000 | 50,000 | 0 | 0 | -9,176 | 9,176 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 232,828 | -3,620 | -1,525 | -3,413 | 2,688 | 5,870 | -22,843 | 22,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -99,999 | -99,999 | -108,333 | 450,000 | 0 | -958,514 | -13,561 | 972,075 | 0 | -71,535 | 71,535 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -2,510 | -18,051 | -34,119 | -23,078 | 23,376 | -212 | 54,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -249,648 | -157,891 | 375,383 | -78,836 | -109,008 | 220,000 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 5,817 | -8,228 | -13,158 | -7,364 | -3,531 | -11,779 | -46,267 | -47,073 | -102,590 | ||||||
| cash flow from financing | -281,354 | -566,357 | -476,067 | 455,104 | -23,921 | -1,499,571 | -92,059 | 1,031,966 | 286,443 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -119,285 | 557,960 | -236,150 | 1,447,465 | 243,723 | -1,377,132 | 763,091 | 455,405 | 110,958 | -789,344 | 258,891 | 584,237 | -63,067 | 16,930 | 530,486 |
| overdraft | 0 | 0 | 0 | 0 | -173,970 | 160,207 | 13,763 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -119,285 | 557,960 | -236,150 | 1,447,465 | 417,693 | -1,537,339 | 749,328 | 455,405 | 110,958 | -789,344 | 258,891 | 584,237 | -63,067 | 16,930 | 530,486 |
ash contracting limited Credit Report and Business Information
Ash Contracting Limited Competitor Analysis
Perform a competitor analysis for ash contracting limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SW1V area or any other competitors across 12 key performance metrics.
ash contracting limited Ownership
ASH CONTRACTING LIMITED group structure
Ash Contracting Limited has no subsidiary companies.
ash contracting limited directors
Ash Contracting Limited currently has 9 directors. The longest serving directors include Mr Dean Cooper (Mar 2004) and Mr Peter Seex (Jun 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Cooper | England | 62 years | Mar 2004 | - | Director |
| Mr Peter Seex | 44 years | Jun 2009 | - | Director | |
| Mrs Julie Green | United Kingdom | 59 years | Jan 2012 | - | Director |
| Mr Matthew Cox | United Kingdom | 49 years | Sep 2012 | - | Director |
| Mr Paul Tester | United Kingdom | 61 years | Jun 2013 | - | Director |
| Mr Richard Holmes | United Kingdom | 44 years | Jan 2016 | - | Director |
| Mr Christopher Hough | United Kingdom | 65 years | Nov 2016 | - | Director |
| Mr David Clarke | United Kingdom | 63 years | Jun 2017 | - | Director |
| Mr Ahmed Abdulkareem | England | 37 years | Apr 2024 | - | Director |
P&L
December 2023turnover
25.9m
-17%
operating profit
820.4k
+129%
gross margin
10.9%
+50.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.9m
+0.26%
total assets
7.5m
+0.17%
cash
2.4m
-0.05%
net assets
Total assets minus all liabilities
Similar Companies
ash contracting limited company details
company number
05076612
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
cooper clarke special works limited (December 2004)
accountant
-
auditor
GEORGE HAY & COMPANY
address
83 cambridge street, pimlico, london, SW1V 4PS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
ash contracting limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to ash contracting limited. Currently there are 1 open charges and 3 have been satisfied in the past.
ash contracting limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ash contracting limited Companies House Filings - See Documents
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