Asco Group Limited
Registered name: ASCO GROUP LIMITED
Part of Endless V (GP) LP groupAsco Group Limited made £470m revenue and £4.4m profit in the year to 31 Dec 2025.
Asco Group Limited’s revenue fell 2% to £470m in the year to 31 Dec 2025, with £4.4m profit and 1,630 employees. The company is classified under “activities of other holding companies” and is based in Great Yarmouth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Great Yarmouth, East of England
- Age
- 14 yrs · since 2011
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £525m | £481m | £470m |
| Cost of sales | −£478m | −£432m | −£415m |
| Gross profit | £46.2m | £49.2m | £55.2m |
| Operating profit | £16.7m | £23m | £20.1m |
| Profit before tax | −£1.6m | −£1.2m | £1.9m |
| Profit after tax | −£2.2m | −£2.1m | £4.4m |
| Profit (best available) | −£2.2m | −£2.1m | £4.4m |
| Employees (average) | 1,484 | 1,549 | 1,630 |
| Ratios | |||
| Profit margin | −0.4% | −0.4% | 0.9% |
| Gross margin | 8.8% | 10.2% | 11.7% |
| Revenue per employee | £353k | £311k | £289k |
| Profit per employee | −£1.5k | −£1.4k | £2.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.3% | ▼2.2% |
| Headcount growth | — | ▲4.4% | ▲5.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.9%
- Profit ÷ revenue.
- Gross margin
- 11.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £289k
- Revenue ÷ average employees.
- Profit per employee
- £2.7k
- 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
- ▲5%
- Now 1,630
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Endless V (GP) LPultimate parent75–100%
- Project Advance Topco Limited75–100%
- Project Advance Bidco Limited75–100%
- Asco Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Asco Acquisitions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £4.4m), from the Companies House accounts bulk data published Jul 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.