ALFRED CHEYNE ENGINEERING LIMITED - Profile & Financials

Accounts Submitted 1 Oct 2025

Confirmation Statement Submitted 11 Sept 2025

Net assets £33.22M £2.81M 2023 year on year

Total assets £41.53M £2.69M 2023 year on year

Total Liabilities £8.31M £5.50M 2023 year on year

Charges 17

2 outstanding 15 satisfied

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Contact & Details

Contact

Update Details

Registered Address

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

Office ()

Wolf Rock

Website

marinetraffic.com

Credit Report

Discover ALFRED CHEYNE ENGINEERING LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2019–2023)

Cash in Bank

£3.58M

Decreased by £7.11M (-67%)

Net Assets

£33.22M

Increased by £2.81M (+9%)

Total Liabilities

£8.31M

Decreased by £5.50M (-40%)

Turnover

£32.44M

Decreased by £9.62M (-23%)

Employees

182

Increased by 34 (+23%)

Debt Ratio

20%

Decreased by 11 (-35%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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 allotments and capital structure

2 Allotments 25,667 Shares £3.00m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
25 Oct 2019	B ORDINARY	21,802	£3.00m	£137.602
14 Sept 2017	B ORDINARY	3,865	£0	£0

Officers

3 active 14 resigned

Show resigned officers

						Status
Allan William Pirie	Director	British	Scotland	53	30 Nov 2023	Active
Ingrid Stewart	Director	British	Scotland	51	30 Nov 2023	Active
Ingrid Stewart	Secretary	Unknown	Unknown	—	30 Nov 2023	Active

Shareholders

Shareholders (2)


Ashtead Technology Limited	100.0%	36,667	Ordinary	11 Sept 2025
Rathmay Limited	0.0%	0	Ordinary	11 Sept 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 4 Ceased

Ashtead Technology Limited

United Kingdom

Active

Notified 26 Sept 2024

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Rathmay Limited

Ceased 26 Sept 2024

Ceased

Valerie Cheyne

Ceased 10 Nov 2021

Ceased

Alfred George Cheyne

Ceased 10 Nov 2021

Ceased

Balmoral Group Holdings Limited

Ceased 10 Nov 2021

Ceased

See All Controllers

Group Structure

ASHTEAD TECHNOLOGY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BP INV2 PLEDGECO LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

ASHTEAD TECHNOLOGY HOLDINGS PLC united kingdom

ALFRED CHEYNE ENGINEERING LIMITED Current Company

Charges

2 outstanding 15 satisfied

Documents

Company Filings

Date	Category	Description	Document
24 Oct 2025	Mortgage	Mortgage Satisfy Charge Full	View(4 pages)
1 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(35 pages)
11 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-10 with updates	View(4 pages)
18 Oct 2024	Mortgage	Mortgage Create With Deed With Charge Number Charge Creation Date	View(26 pages)
17 Oct 2024	Persons With Significant Control	Ashtead Technology Limited notified as a person with significant control	View(2 pages)