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Company No. 10179644 · Incorporated 13 May 2016

Ashe Roofing Limited

Registered name: ASHE ROOFING LIMITED

Part of Ashe Group Holdings Limited group

Ashe Roofing Limited made £19.3m revenue and £1.1m profit in the year to 31 Dec 2024.

Ashe Roofing Limited’s revenue fell 3% to £19.3m in the year to 31 Dec 2024, with £1.1m profit and 28 employees. The company is classified under “roofing activities” and is based in Hitchin; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43910Roofing activities
Status
Active
Location
Hitchin, East of England
Age
10 yrs · since 2016
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Ashe Group Holdings Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightBoring industry
Revenue
£19.3m
Growth ▼2.6%
Profit
£1.1m
Growth ▲13.3%
Profit margin
5.9%
Gross 16.7%
Employees
28
Change ▲7.7%
Profit / employee
£41k
Revenue/employee £688k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.8m£19.3m
Cost of sales£16.8m£16.1m
Gross profit£3m£3.2m
Operating profit£1.2m£1.4m
Profit before tax£1.3m£1.5m
Profit after tax£1m£1.1m
Profit (best available)£1m£1.1m
Staff costs£2.1m£2.4m
Employees (average)2628
Ratios
Profit margin5.1%5.9%
Gross margin15.2%16.7%
Revenue per employee£762k£688k
Profit per employee£38.9k£41k
Growth (year on year)
Revenue growth—▼2.6%
Profit growth—▲13.3%
Headcount growth—▲7.7%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£2.8m
Net assets£1.9m£2.3m
Fixed assets£26.2k£17.2k
Current assets£6m£7.1m
Debtors£3.5m£3.7m
Deferred income£27.4k£34.3k
SourceFullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
5.9%
Profit ÷ revenue.
Gross margin
16.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£688k
Revenue ÷ average employees.
Profit per employee
£41k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
18.9%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲24%
Now £2.3m
Cash at bank
▲21%
Now £2.8m
Headcount
▲8%
Now 28
Deferred income
▲25%
Now £34.3k
Fixed assets
▼34%
Now £17.2k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Ashe Group Holdings Limitedultimate parent75–100%
  2. Ashe Roofing Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Aug 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.