Asco Engineering Limited
Registered name: ASCO ENGINEERING LIMITED
Asco Engineering Limited made £8.9m revenue and £1.7m profit in the year to 30 Nov 2025. read from filing text
Asco Engineering Limited’s revenue fell 16% to £8.9m in the year to 30 Nov 2025, with £1.7m profit and 64 employees. The company is classified under “engineering design activities for industrial process and production” and is based in Skelmersdale; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Skelmersdale, North West
- Age
- 16 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £6.1m | £7.9m | £10.5m | £8.9m |
| Cost of sales | £3.4m | £4.2m | £5.1m | £4m |
| Gross profit | £2.7m | £3.7m | £5.4m | £4.8m |
| Operating profit | £706k | £1.4m | £2.5m | £1.8m |
| Profit before tax | £703k | £1.4m | £2.6m | £2m |
| Profit after tax | £732k | £1.3m | £2.2m | £1.7m |
| Profit (best available) | £732k | £1.3m | £2.2m | £1.7m |
| Staff costs | — | £2.4m | £2.6m | £3.1m |
| Employees (average) | 49 | 50 | 65 | 64 |
| Ratios | ||||
| Profit margin | 12% | 16% | 20.6% | 19.2% |
| Gross margin | 44.9% | 46.6% | 51.5% | 54.3% |
| Revenue per employee | £124k | £159k | £162k | £138k |
| Profit per employee | £14.9k | £25.5k | £33.5k | £26.5k |
| Cash conversion | −51.4% | −70.4% | −183.7% | −86.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲30.3% | ▲32.5% | ▼15.9% |
| Profit growth | — | ▲73.8% | ▲70.9% | ▼22% |
| Headcount growth | — | ▲2% | ▲30% | ▼1.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £2.4m | £6.7m | £7.6m |
| Net assets | £6.3m | £7.6m | £9.8m | £11.5m |
| Fixed assets | £3m | £2.8m | £2.6m | £3.1m |
| Current assets | £4.1m | £5.7m | £9.5m | £9.8m |
| Debtors | £1.8m | £1.9m | £1.8m | £1.2m |
| Deferred income | — | £71.9k | £1.1m | £58.3k |
| Cash from operations | −£363k | −£1m | −£4.7m | −£1.6m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 19.2%
- Profit ÷ revenue.
- Gross margin
- 54.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £138k
- Revenue ÷ average employees.
- Profit per employee
- £26.5k
- Profit ÷ average employees.
- Cash conversion
- −86.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 34.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.8%
- 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
- ▲17%
- Now £11.5m
- Cash at bank
- ▲13%
- Now £7.6m
- Headcount
- ▼2%
- Now 64
- Deferred income
- ▼95%
- Now £58.3k
- Fixed assets
- ▲17%
- Now £3.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.7m), from the Companies House accounts bulk data published Aug 2026. 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.