CompanyTrack
P

PROJECT ADVANCE TOPCO LIMITED

Active Great Yarmouth

Activities of distribution holding companies

1,549 employees Website
Supply chain, manufacturing and commerce models Logistics & distribution Activities of distribution holding companies
P

PROJECT ADVANCE TOPCO LIMITED

Activities of distribution holding companies

Founded 26 May 2023 Active Great Yarmouth, England 1,549 employees ascoworld.com
Supply chain, manufacturing and commerce models Logistics & distribution Activities of distribution holding companies
Accounts Submitted 8 Jul 2025
Confirmation Statement Submitted 3 Jun 2025
Net assets £-879.00K £3.17M 2024 year on year
Total assets £237.34M £4.39M 2024 year on year
Total Liabilities £238.22M £1.22M 2024 year on year
Charges 2
1 outstanding 1 satisfied

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Contact & Details

Registered Address

Great Yarmouth Offshore Supply Base South Denes Road Great Yarmouth Norfolk NR30 3LX England

Office (Aberdeen)

Altens Operations Base, Minto Ave, Altens Industrial Estate, Aberdeen AB12 4JZ

Office (Aberdeen)

11 Harvest Avenue, Dyce, Aberdeen AB21 0BQ, Scotland

Credit Report

Discover PROJECT ADVANCE TOPCO 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 (2023–2024)

Cash in Bank

£18.25M

Increased by £3.11M (+21%)

Net Assets

-£879.00k

Decreased by £3.17M (-138%)

Total Liabilities

£238.22M

Decreased by £1.22M (-1%)

Turnover

£481.11M

Increased by £284.82M (+145%)

Employees

1549

Increased by 70 (+5%)

Debt Ratio

100%

Increased by 1 (+1%)

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

4 Allotments 11,579,347 Shares £10.06m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
29 May 202443,462£2k£0.035
29 May 20241,292,142£45k£0.035
29 May 2024243,744£9k£0.035
11 Aug 20239,999,999£10.00m£1

Officers

Officers

5 active 2 resigned
Status
Andrew RossDirectorBritishUnited Kingdom4826 May 2023Active
Antony Robert William WrightDirectorBritishScotland5411 Aug 2023Active
Fraser McintyreSecretaryUnknownUnknown29 Sept 2023Active
Matthew Richard GreenDirectorBritishUnited Kingdom3514 Jul 2025Active
Timothy Michael Robert PettigrewDirectorBritishScotland5929 Sept 2023Active

Shareholders

Shareholders (25)

Timothy Pettigrew
3.1%
364,1493 Jun 2025
Thuy-tien Le Guen Dang
0.3%
35,2403 Jun 2025
Timothy Pettigrew
0.1%
8,9923 Jun 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Endless V (gp) Lp

United Kingdom

Active
Notified 26 May 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Endless Llp

United Kingdom

Active
Notified 26 May 2023
Nature of Control
  • Significant Influence Or Control

Group Structure

Group Structure

ENDLESS LLP united kingdom
ENDLESS V (GP) LP united kingdom appoint/remove person
ENDLESS V (GENERAL PARTNER) LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership, appoint/remove members limited liability partnership
ENDLESS FOURTH PARTNER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ENDLESS THIRD PARTNER LIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent, appoint/remove directors
PROJECT ADVANCE TOPCO LIMITED Current Company
PROJECT ADVANCE BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
8 Oct 2025CapitalCapital Cancellation SharesView(6 pages)
23 Sept 2025CapitalCapital Cancellation SharesView(7 pages)
23 Sept 2025CapitalCapital Return Purchase Own SharesView(4 pages)
14 Jul 2025OfficersTermination of Stefan Nowakowski as director on 2025-07-14View(1 page)
14 Jul 2025OfficersAppointment of Mr Matthew Richard Green as director on 2025-07-14View(2 pages)
8 Oct 2025 Capital

Capital Cancellation Shares

23 Sept 2025 Capital

Capital Cancellation Shares

23 Sept 2025 Capital

Capital Return Purchase Own Shares

14 Jul 2025 Officers

Termination of Stefan Nowakowski as director on 2025-07-14

14 Jul 2025 Officers

Appointment of Mr Matthew Richard Green as director on 2025-07-14

Recent Activity

Latest Activity

Capital Cancellation Shares

4 months ago on 8 Oct 2025

Capital Cancellation Shares

4 months ago on 23 Sept 2025

Capital Return Purchase Own Shares

4 months ago on 23 Sept 2025

Termination of Stefan Nowakowski as director on 2025-07-14

7 months ago on 14 Jul 2025

Appointment of Mr Matthew Richard Green as director on 2025-07-14

7 months ago on 14 Jul 2025