aci express (uk) ltd

aci express (uk) ltd Company Information

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Company Number

03724604

Industry

Freight air transport

 

Directors

Sung Chung

Chul Jung

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Shareholders

sung wook chung

Group Structure

View All

Contact

Registered Address

unit 7, airlinks industrial estate, heston, middlesex, TW5 9NR

aci express (uk) ltd Estimated Valuation

£2m

Pomanda estimates the enterprise value of ACI EXPRESS (UK) LTD at £2m based on a Turnover of £3.3m and 0.6x industry multiple (adjusted for size and gross margin).

aci express (uk) ltd Estimated Valuation

£163.9k

Pomanda estimates the enterprise value of ACI EXPRESS (UK) LTD at £163.9k based on an EBITDA of £45k and a 3.64x industry multiple (adjusted for size and gross margin).

aci express (uk) ltd Estimated Valuation

£4.7m

Pomanda estimates the enterprise value of ACI EXPRESS (UK) LTD at £4.7m based on Net Assets of £1.7m and 2.77x industry multiple (adjusted for liquidity).

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Aci Express (uk) Ltd Overview

Aci Express (uk) Ltd is a live company located in heston, TW5 9NR with a Companies House number of 03724604. It operates in the freight air transport sector, SIC Code 51210. Founded in March 1999, it's largest shareholder is sung wook chung with a 100% stake. Aci Express (uk) Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with low growth in recent years.

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Aci Express (uk) Ltd Health Check

Pomanda's financial health check has awarded Aci Express (Uk) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £3.3m, make it smaller than the average company (£10.7m)

£3.3m - Aci Express (uk) Ltd

£10.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9%)

1% - Aci Express (uk) Ltd

9% - Industry AVG

production

Production

with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)

20.7% - Aci Express (uk) Ltd

20.7% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (5.5%)

-0.1% - Aci Express (uk) Ltd

5.5% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (36)

19 - Aci Express (uk) Ltd

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - Aci Express (uk) Ltd

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £173.9k, this is less efficient (£281.3k)

£173.9k - Aci Express (uk) Ltd

£281.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is near the average (43 days)

42 days - Aci Express (uk) Ltd

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is close to average (37 days)

39 days - Aci Express (uk) Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Aci Express (uk) Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 199 weeks, this is more cash available to meet short term requirements (16 weeks)

199 weeks - Aci Express (uk) Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.6%, this is a lower level of debt than the average (71.2%)

17.6% - Aci Express (uk) Ltd

71.2% - Industry AVG

ACI EXPRESS (UK) LTD financials

EXPORTms excel logo

Aci Express (Uk) Ltd's latest turnover from December 2023 is estimated at £3.3 million and the company has net assets of £1.7 million. According to their latest financial statements, Aci Express (Uk) Ltd has 19 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,304,9183,751,9164,485,4033,224,2783,412,1323,047,3443,533,9101,679,645901,4251,281,1771,355,753979,4361,243,9931,027,6480
Other Income Or Grants000000000000000
Cost Of Sales2,619,9682,949,5333,427,7962,347,8402,690,4582,365,5482,776,3191,317,270729,3321,053,7411,099,176788,1131,022,123867,6200
Gross Profit684,950802,3831,057,607876,439721,673681,796757,591362,375172,093227,436256,577191,323221,870160,0280
Admin Expenses687,975815,334573,385454,477341,910385,415546,542316,624138,773238,346242,719224,763215,681128,753-90,278
Operating Profit-3,025-12,951484,222421,962379,763296,381211,04945,75133,320-10,91013,858-33,4406,18931,27590,278
Interest Payable000000000000000
Interest Receivable78,52560,6523,9711,1195,0263,1581,273265293218215202223260135
Pre-Tax Profit75,50047,701488,193423,081384,789299,540212,32246,01633,613-10,69214,073-33,2386,41231,53590,413
Tax-18,875-9,063-92,757-80,385-73,110-56,913-40,341-9,203-6,7220-3,2370-1,667-8,830-25,315
Profit After Tax56,62538,638395,436342,696311,679242,627171,98136,81326,890-10,69210,836-33,2384,74522,70565,097
Dividends Paid000000000000000
Retained Profit56,62538,638395,436342,696311,679242,627171,98136,81326,890-10,69210,836-33,2384,74522,70565,097
Employee Costs965,833839,045662,329718,534693,692505,321465,436463,939149,242184,728230,158152,280164,997143,4070
Number Of Employees19181718171212124564440
EBITDA*45,0385,947508,832448,751391,265307,392216,59950,67836,196-4,84821,641-23,11819,61843,806106,214

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets193,65263,94282,84089,46545,51037,53821,50521,7489,33219,01324,32832,11141,63539,18449,674
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)81,17927,60027,60026,16000000000000
Total Fixed Assets274,83191,542110,440115,62545,51037,53821,50521,7489,33219,01324,32832,11141,63539,18449,674
Stock & work in progress000000000000000
Trade Debtors385,101497,288824,434438,263297,098296,621356,869122,87692,824134,011141,386105,242146,678129,624140,381
Group Debtors000000000000000
Misc Debtors62,99443,18220,386123,237184,902144,39277,72443,66336,324000000
Cash1,331,9001,659,5101,806,3291,370,271868,583471,564370,694138,44073,84843,24943,98341,89439,09250,15953,898
misc current assets000000000000000
total current assets1,779,9952,199,9802,651,1491,931,7711,350,583912,577805,287304,979202,996177,260185,369147,136185,770179,783194,279
total assets2,054,8262,291,5222,761,5892,047,3961,396,093950,115826,792326,727212,328196,273209,697179,247227,405218,967243,953
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 284,816301,411277,333270,770406,030334,397444,318173,47994,988122,160124,892105,278120,198108,255145,658
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities62,71272,669200,173189,118130,62067,95477,33720,09220,997000000
total current liabilities347,528374,080477,506459,888536,650402,351521,655193,571115,985122,160124,892105,278120,198108,255145,658
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities12,423278,935686,508385,3690000000008,25018,538
provisions2,0372,29400000004,6604,6604,6604,6604,6604,660
total long term liabilities14,460281,229686,508385,369000004,6604,6604,6604,66012,91023,198
total liabilities361,988655,3091,164,014845,257536,650402,351521,655193,571115,985126,820129,552109,938124,858121,165168,856
net assets1,692,8381,636,2131,597,5751,202,139859,443547,764305,137133,15696,34369,45380,14569,309102,54797,80275,097
total shareholders funds1,692,8381,636,2131,597,5751,202,139859,443547,764305,137133,15696,34369,45380,14569,309102,54797,80275,097
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-3,025-12,951484,222421,962379,763296,381211,04945,75133,320-10,91013,858-33,4406,18931,27590,278
Depreciation48,06318,89824,61026,78911,50211,0115,5504,9272,8766,0627,78310,32213,42912,53115,936
Amortisation000000000000000
Tax-18,875-9,063-92,757-80,385-73,110-56,913-40,341-9,203-6,7220-3,2370-1,667-8,830-25,315
Stock000000000000000
Debtors-38,796-304,350284,760105,66040,9876,420268,05437,391-4,863-7,37536,144-41,43617,054-10,757140,381
Creditors-16,59524,0786,563-135,26071,633-109,921270,83978,491-27,172-2,73219,614-14,92011,943-37,403145,658
Accruals and Deferred Income-9,957-127,50411,05558,49862,666-9,38357,245-90520,997000000
Deferred Taxes & Provisions-2572,294000000-4,660000004,660
Cash flow from operations38,150200,102148,933185,944411,467124,755236,28881,67023,502-2051,8743,39812,8408,33090,836
Investing Activities
capital expenditure-177,7730-17,985-70,744-19,474-27,044-5,307-17,3436,805-7470-798-15,880-2,041-65,610
Change in Investments000000000000000
cash flow from investments-177,7730-17,985-70,744-19,474-27,044-5,307-17,3436,805-7470-798-15,880-2,041-65,610
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-266,512-407,573301,139385,36900000000-8,250-10,28818,538
share issue0000000000000010,000
interest78,52560,6523,9711,1195,0263,1581,273265293218215202223260135
cash flow from financing-187,987-346,921305,110386,4885,0263,1581,273265293218215202-8,027-10,02828,673
cash and cash equivalents
cash-327,610-146,819436,058501,688397,019100,870232,25464,59230,599-7342,0892,802-11,067-3,73953,898
overdraft000000000000000
change in cash-327,610-146,819436,058501,688397,019100,870232,25464,59230,599-7342,0892,802-11,067-3,73953,898

aci express (uk) ltd 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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Aci Express (uk) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for aci express (uk) ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in TW5 area or any other competitors across 12 key performance metrics.

aci express (uk) ltd Ownership

ACI EXPRESS (UK) LTD group structure

Aci Express (Uk) Ltd has no subsidiary companies.

Ultimate parent company

ACI EXPRESS (UK) LTD

03724604

ACI EXPRESS (UK) LTD Shareholders

sung wook chung 100%

aci express (uk) ltd directors

Aci Express (Uk) Ltd currently has 3 directors. The longest serving directors include Mr Sung Chung (Jan 2012) and Mr Chul Jung (Jan 2021).

officercountryagestartendrole
Mr Sung ChungSouth Korea57 years Jan 2012- Director
Mr Chul JungEngland50 years Jan 2021- Director
Mrs Boyoun ChangEngland46 years Sep 2022- Director

P&L

December 2023

turnover

3.3m

-12%

operating profit

-3k

0%

gross margin

20.8%

-3.09%

turnover

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

Balance Sheet

December 2023

net assets

1.7m

+0.03%

total assets

2.1m

-0.1%

cash

1.3m

-0.2%

net assets

Total assets minus all liabilities

aci express (uk) ltd company details

company number

03724604

Type

Private limited with Share Capital

industry

51210 - Freight air transport

incorporation date

March 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

KPY PHILLIPS YOUNG LLP

auditor

-

address

unit 7, airlinks industrial estate, heston, middlesex, TW5 9NR

Bank

-

Legal Advisor

-

aci express (uk) ltd 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 found 3 charges/mortgages relating to aci express (uk) ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

aci express (uk) ltd 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 ACI EXPRESS (UK) LTD. This can take several minutes, an email will notify you when this has completed.

aci express (uk) ltd Companies House Filings - See Documents

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