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Company No. 02918177 · Incorporated 12 Apr 1994

Ashworth Europe Limited

Registered name: ASHWORTH EUROPE LIMITED

Part of Ashworth Bros, Inc group

Ashworth Europe Limited made £5.8m revenue and £643k profit in the year to 31 Dec 2025. read from filing text

Ashworth Europe Limited’s revenue grew 5% to £5.8m in the year to 31 Dec 2025, with £643k profit and 21 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Dudley; we hold 4 years of its filed accounts.

Full profit & loss filedSection C · ManufacturingSIC 28220Manufacture of lifting and handling equipment
Status
Active
Location
Dudley, West Midlands
Age
32 yrs · since 1994
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: “The company's immediate parent company is Ashworth Bros. Inc., a company registered in the USA.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£5.8m
Growth ▲5.4%
Profit
£643k
Growth ▲0.6%
Profit margin
11.1%
Gross 23.6%
Employees
21
Change ▲5%
Profit / employee
£30.6k
Revenue/employee £276k
Profitable streak
3yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureProfit & lossread from filing textProfit & lossread from filing textProfit & lossread from filing textProfit & lossread from filing text
Profit & loss
Revenue (turnover)£4.9m£5.6m£5.5m£5.8m
Cost of sales£4.4m£4.5m£4.3m£4.4m
Gross profit£543k£1.1m£1.2m£1.4m
Operating profit−£175k£513k£596k£569k
Profit before tax−£177k£506k£593k£569k
Profit after tax−£271k£726k£639k£643k
Profit (best available)−£271k£726k£639k£643k
Employees (average)20202021
Ratios
Profit margin−5.5%12.9%11.6%11.1%
Gross margin11.1%19.1%22.6%23.6%
Revenue per employee£245k£280k£275k£276k
Profit per employee−£13.5k£36.3k£32k£30.6k
Growth (year on year)
Revenue growth—▲14.5%▼1.9%▲5.4%
Profit growth——▼11.9%▲0.6%
Headcount growth—0%0%▲5%
Balance sheet — indirect signals, not revenue
Cash at bank£394k£360k£658k£1.5m
Net assets£1.2m£1.9m£2.5m£3.2m
Fixed assets£219k£251k£244k£224k
Current assets£3.5m£4.1m£3.7m£4.8m
Debtors£453k£584k£913k£513k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
11.1%
Profit ÷ revenue.
Gross margin
23.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£276k
Revenue ÷ average employees.
Profit per employee
£30.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.8%
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
▲25%
Now £3.2m
Cash at bank
▲121%
Now £1.5m
Headcount
▲5%
Now 21
Deferred income
—
Now —
Fixed assets
▼8%
Now £224k
Corporate ownership

Group structure

Ownership chain

  1. Ashworth Bros, Inc (registered outside the UK register)ultimate parent75–100%
  2. Ashworth Europe Limitedthis company

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

Subsidiaries (1)

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 2025 (profit £643k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.