In the year to the end of September 2025 turnover at Ainscough Crane Hire fell by 5% to £115.5m (2024: £121.9m).
Operating profit was down by 55% at £6.4m (2024: £14.2m) and profit before tax was down 68% at £3.7m (2024: £11.3m).
“Despite the subdued market conditions, the company continued to invest,” said finance director Ian Scapens in the annual report. Ainscough invested £28.7m in fixed assets (2024: £26.0m), of which £25.2m was spent on cranes (2024: £24.5m) to maintain the age profile of the exclusively Liebherr fleet.
An extension to the company’s borrowing facilities has increased headroom from £29m to £39m. Net debt during the year increased slightly from £32.4m to £37.7m.
Wigan-based Ainscough Crane Hire is primarily owned by funds managed by GSO Capital Partners, which is part of Blackstone Group. The US owners took out a dividend of £22m from the company in October 2025.