CompanyTrack
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ASHTEAD TECHNOLOGY LIMITED

Active Westhill

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

243 employees Website
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Renting and leasing of other machinery, equipment and tangible goods n.e.c.
A

ASHTEAD TECHNOLOGY LIMITED

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Founded 12 Feb 1985 Active Westhill, United Kingdom 243 employees ashtead-technology.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Accounts Submitted 1 Oct 2025
Confirmation Statement Submitted 4 Feb 2025
Net assets £55.19M £14.10M 2024 year on year
Total assets £236.71M £75.64M 2024 year on year
Total Liabilities £181.52M £61.54M 2024 year on year
Charges 27
4 outstanding 23 satisfied

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Contact & Details

Registered Address

Ashtead House Discovery Drive Arnhall Business Park Westhill Aberdeenshire AB32 6FG

Office (Inverurie)

18 Camiestone Rd, Thainstone, Inverurie AB51 5GT

Credit Report

Discover ASHTEAD TECHNOLOGY LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2015–2024)

Cash in Bank

£2.80M

Decreased by £653.00k (-19%)

Net Assets

£55.19M

Increased by £14.10M (+34%)

Total Liabilities

£181.52M

Increased by £61.54M (+51%)

Turnover

£75.21M

Increased by £21.80M (+41%)

Employees

243

Increased by 77 (+46%)

Debt Ratio

77%

Increased by 3 (+4%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 3,021,333 Shares £13.47m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
3 Jan 201821,333£10.47m£491.02
3 Jan 20183,000,000£3.00m£3.00m

Officers

Officers

2 active 26 resigned
Status
Allan William PirieDirectorBritishScotland538 Jun 2009Active
Ingrid StewartDirectorBritishScotland515 Mar 2021Active

Shareholders

Shareholders (2)

Bp Inv2 Pledgeco Ltd
100.0%
3,032,0004 Feb 2025
Amazon Acquisitions Limited
0.0%
04 Feb 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Bp Inv2 Pledgeco Ltd

United Kingdom

Active
Notified 20 Dec 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Amazon Acquisitions Limited

Ceased 20 Dec 2024

Ceased

Hsbc Bank Plc

Ceased 4 Sept 2019

Ceased

Hsbc Corporate Trustee Company (uk) Limited

Ceased 5 Apr 2023

Ceased

Group Structure

Group Structure

BP INV2 PLEDGECO LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
ASHTEAD TECHNOLOGY LIMITED Current Company
ALFRED CHEYNE ENGINEERING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HIRETECH LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
J2 SUBSEA LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
RATHMAY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SEASCAN LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UNDERWATER CUTTING SOLUTIONS LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, voting rights 75 to 100 percent as firm

Charges

Charges

4 outstanding 23 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
1 Oct 2025AccountsAnnual accounts made up to 2024-12-31View(39 pages)
4 Feb 2025Confirmation StatementConfirmation statement made on 2025-02-01 with updatesView(4 pages)
15 Jan 2025Persons With Significant ControlCessation of Amazon Acquisitions Limited as a person with significant control on 2024-12-20View(1 page)
15 Jan 2025Persons With Significant ControlBp Inv2 Pledgeco Ltd notified as a person with significant controlView(2 pages)
18 Oct 2024MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(26 pages)
1 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

4 Feb 2025 Confirmation Statement

Confirmation statement made on 2025-02-01 with updates

15 Jan 2025 Persons With Significant Control

Cessation of Amazon Acquisitions Limited as a person with significant control on 2024-12-20

15 Jan 2025 Persons With Significant Control

Bp Inv2 Pledgeco Ltd notified as a person with significant control

18 Oct 2024 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

3 months ago on 1 Oct 2025

Confirmation statement made on 2025-02-01 with updates

11 months ago on 4 Feb 2025

Cessation of Amazon Acquisitions Limited as a person with significant control on 2024-12-20

11 months ago on 15 Jan 2025

Bp Inv2 Pledgeco Ltd notified as a person with significant control

11 months ago on 15 Jan 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

1 years ago on 18 Oct 2024