Ashe Group Holdings Limited
Registered name: ASHE GROUP HOLDINGS LIMITED
Ashe Group Holdings Limited made £106m revenue and £7m profit in the year to 31 Dec 2024.
Ashe Group Holdings Limited’s revenue grew 22% to £106m in the year to 31 Dec 2024, with £7m profit and 136 employees. The company is classified under “development of building projects” and is based in Hitchin; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hitchin
- Age
- 54 yrs · since 1972
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £84.2m | £87m | £106m |
| Cost of sales | £77.7m | £78.4m | −£93.1m |
| Gross profit | £6.5m | £8.6m | £12.7m |
| Operating profit | £2.9m | £3.9m | £7.3m |
| Profit before tax | £2.8m | £5.8m | £8.9m |
| Profit after tax | £2.7m | £4.9m | £7m |
| Profit (best available) | £2.7m | £4.9m | £7m |
| Employees (average) | 120 | 126 | 136 |
| Ratios | |||
| Profit margin | 3.2% | 5.7% | 6.6% |
| Gross margin | 7.7% | 9.9% | 12% |
| Revenue per employee | £702k | £691k | £778k |
| Profit per employee | £22.2k | £39.1k | £51.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.4% | ▲21.6% |
| Profit growth | — | ▲84.8% | ▲41.9% |
| Headcount growth | — | ▲5% | ▲7.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 12%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £778k
- Revenue ÷ average employees.
- Profit per employee
- £51.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲8%
- Now 136
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Ashe Construction LimitedRev. £89.6m · Profit £4.9m
- Ashe Roofing LimitedRev. £19.3m · Profit £1.1m
- Ashe Developments LimitedFigures not disclosed
- Saffire Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £7m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.