ace fasteners limited

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ace fasteners limited Company Information

Share ACE FASTENERS LIMITED

Company Number

01717466

Shareholders

tracey hill

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

11 albion parade, wall heath, kingswinford, DY6 0NP

Website

-

ace fasteners limited Estimated Valuation

£9.3k

Pomanda estimates the enterprise value of ACE FASTENERS LIMITED at £9.3k based on a Turnover of £33.4k and 0.28x industry multiple (adjusted for size and gross margin).

ace fasteners limited Estimated Valuation

£52

Pomanda estimates the enterprise value of ACE FASTENERS LIMITED at £52 based on an EBITDA of £16 and a 3.28x industry multiple (adjusted for size and gross margin).

ace fasteners limited Estimated Valuation

£3.9k

Pomanda estimates the enterprise value of ACE FASTENERS LIMITED at £3.9k based on Net Assets of £1.4k and 2.77x industry multiple (adjusted for liquidity).

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Ace Fasteners Limited Overview

Ace Fasteners Limited is a live company located in kingswinford, DY6 0NP with a Companies House number of 01717466. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 1983, it's largest shareholder is tracey hill with a 100% stake. Ace Fasteners Limited is a mature, micro sized company, Pomanda has estimated its turnover at £33.4k with healthy growth in recent years.

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Ace Fasteners Limited Health Check

Pomanda's financial health check has awarded Ace Fasteners Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £33.4k, make it smaller than the average company (£15.4m)

£33.4k - Ace Fasteners Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.9%)

9% - Ace Fasteners Limited

7.9% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (27.4%)

18.1% - Ace Fasteners Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (5%)

0.1% - Ace Fasteners Limited

5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (37)

1 - Ace Fasteners Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Ace Fasteners Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.4k, this is less efficient (£373.6k)

£33.4k - Ace Fasteners Limited

£373.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (51 days)

95 days - Ace Fasteners Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (32 days)

38 days - Ace Fasteners Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ace Fasteners Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ace Fasteners Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.1%, this is a higher level of debt than the average (45.5%)

84.1% - Ace Fasteners Limited

45.5% - Industry AVG

ACE FASTENERS LIMITED financials

EXPORTms excel logo

Ace Fasteners Limited's latest turnover from March 2024 is estimated at £33.4 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, we estimate that Ace Fasteners Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover33,36329,14427,00525,47024,245171,9934,780294,152163,77654,67771,41369,83158,68621,51423,656
Other Income Or Grants000000000000000
Cost Of Sales27,33423,77522,02620,95719,861141,7943,954239,116133,39344,62959,16657,31148,11217,66419,464
Gross Profit6,0295,3694,9794,5134,38330,19982655,03530,38410,04812,24712,52010,5743,8514,193
Admin Expenses6,0135,3875,0014,3544,22523,235-8,60454,53327,6949,44312,12511,07912,2057,78315,009
Operating Profit16-18-221591586,9649,4305022,6906051221,441-1,631-3,932-10,816
Interest Payable000000000000000
Interest Receivable000000000112110231
Pre-Tax Profit16-18-221591586,9649,4305032,6906161431,451-1,629-3,929-10,815
Tax-400-30-30-1,323-1,792-100-538-129-33-348000
Profit After Tax12-18-221291285,6417,6384022,1524871101,103-1,629-3,929-10,815
Dividends Paid000000000000000
Retained Profit12-18-221291285,6417,6384022,1524871101,103-1,629-3,929-10,815
Employee Costs44,46841,87740,53137,32037,21436,49335,710104,45967,70932,88433,08932,53332,37331,68731,678
Number Of Employees111111132111111
EBITDA*16-18-221591586,9649,4305022,6906051221,441-1,631-3,922-10,804

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00000000000005666
Intangible Assets00000000000008282
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets0000000000000138148
Stock & work in progress00000000000003,1365,193
Trade Debtors8,7428,2307,7487,2776,64840,02014015,0007,500000334947
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000001510104,4003,9400813209
misc current assets000000000000000
total current assets8,7428,2307,7487,2776,64840,020141515,0107,5104,4003,94004,2836,349
total assets8,7428,2307,7487,2776,64840,020141515,0107,5104,4003,94004,4216,497
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,8532,8532,8532,8532,85336,8542,98912,13227,52922,18119,55819,20816,37119,16317,310
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities2,8532,8532,8532,8532,85336,8542,98912,13227,52922,18119,55819,20816,37119,16317,310
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income4,5004,0003,5003,0072,5072,0061,50600000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities4,5004,0003,5003,0072,5072,0061,50600000000
total liabilities7,3536,8536,3535,8605,36038,8604,49512,13227,52922,18119,55819,20816,37119,16317,310
net assets1,3891,3771,3951,4171,2881,160-4,481-12,117-12,519-14,671-15,158-15,268-16,371-14,742-10,813
total shareholders funds1,3891,3771,3951,4171,2881,160-4,481-12,117-12,519-14,671-15,158-15,268-16,371-14,742-10,813
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit16-18-221591586,9649,4305022,6906051221,441-1,631-3,932-10,816
Depreciation00000000000001012
Amortisation000000000000000
Tax-400-30-30-1,323-1,792-100-538-129-33-348000
Stock000000000000-3,136-2,0575,193
Debtors512482471629-33,37240,00614-15,0007,5007,50000-334-613947
Creditors0000-34,00133,865-9,143-15,3975,3482,6233502,837-2,7921,85317,310
Accruals and Deferred Income5005004935005015001,50600000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations000000-1350-4,4014393,930-953601366
Investing Activities
capital expenditure0000000000001380-160
Change in Investments000000000000000
cash flow from investments0000000000001380-160
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-200000002
interest000000000112110231
cash flow from financing000000-200112110233
cash and cash equivalents
cash000000-1550-4,3904603,940-813604209
overdraft000000000000000
change in cash000000-1550-4,3904603,940-813604209

ace fasteners limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ace Fasteners Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ace fasteners limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DY6 area or any other competitors across 12 key performance metrics.

ace fasteners limited Ownership

ACE FASTENERS LIMITED group structure

Ace Fasteners Limited has no subsidiary companies.

Ultimate parent company

ACE FASTENERS LIMITED

01717466

ACE FASTENERS LIMITED Shareholders

tracey hill 100%

ace fasteners limited directors

Ace Fasteners Limited currently has 2 directors. The longest serving directors include Mrs Tracey Hill (Sep 2014) and Mr Paul Siviter (Jan 2016).

officercountryagestartendrole
Mrs Tracey HillUnited Kingdom60 years Sep 2014- Director
Mr Paul SiviterEngland67 years Jan 2016- Director

P&L

March 2024

turnover

33.4k

+14%

operating profit

16

0%

gross margin

18.1%

-1.9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.4k

+0.01%

total assets

8.7k

+0.06%

cash

0

0%

net assets

Total assets minus all liabilities

ace fasteners limited company details

company number

01717466

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

April 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

11 albion parade, wall heath, kingswinford, DY6 0NP

Bank

-

Legal Advisor

-

ace fasteners limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to ace fasteners limited.

ace fasteners limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for ACE FASTENERS LIMITED. This can take several minutes, an email will notify you when this has completed.

ace fasteners limited Companies House Filings - See Documents

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