aci express (uk) ltd Company Information
Company Number
03724604
Next Accounts
Sep 2025
Industry
Freight air transport
Shareholders
sung wook chung
Group Structure
View All
Contact
Registered Address
unit 7, airlinks industrial estate, heston, middlesex, TW5 9NR
Website
www.aciexpress.co.ukaci express (uk) ltd Estimated Valuation
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
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
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
2 Strong
4 Regular
5 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£10.7m)
- Aci Express (uk) Ltd
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9%)
- Aci Express (uk) Ltd
9% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Aci Express (uk) Ltd
20.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.5%)
- Aci Express (uk) Ltd
5.5% - Industry AVG
Employees
with 19 employees, this is below the industry average (36)
19 - Aci Express (uk) Ltd
36 - Industry AVG
Pay Structure
on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)
- Aci Express (uk) Ltd
£50.8k - Industry AVG
Efficiency
resulting in sales per employee of £173.9k, this is less efficient (£281.3k)
- Aci Express (uk) Ltd
£281.3k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (43 days)
- Aci Express (uk) Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (37 days)
- Aci Express (uk) Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aci Express (uk) Ltd
- - Industry AVG
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 19 | 18 | 17 | 18 | 17 | 12 | 12 | 12 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 193,652 | 63,942 | 82,840 | 89,465 | 45,510 | 37,538 | 21,505 | 21,748 | 9,332 | 19,013 | 24,328 | 32,111 | 41,635 | 39,184 | 49,674 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 81,179 | 27,600 | 27,600 | 26,160 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 274,831 | 91,542 | 110,440 | 115,625 | 45,510 | 37,538 | 21,505 | 21,748 | 9,332 | 19,013 | 24,328 | 32,111 | 41,635 | 39,184 | 49,674 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 385,101 | 497,288 | 824,434 | 438,263 | 297,098 | 296,621 | 356,869 | 122,876 | 92,824 | 134,011 | 141,386 | 105,242 | 146,678 | 129,624 | 140,381 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 62,994 | 43,182 | 20,386 | 123,237 | 184,902 | 144,392 | 77,724 | 43,663 | 36,324 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,331,900 | 1,659,510 | 1,806,329 | 1,370,271 | 868,583 | 471,564 | 370,694 | 138,440 | 73,848 | 43,249 | 43,983 | 41,894 | 39,092 | 50,159 | 53,898 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,779,995 | 2,199,980 | 2,651,149 | 1,931,771 | 1,350,583 | 912,577 | 805,287 | 304,979 | 202,996 | 177,260 | 185,369 | 147,136 | 185,770 | 179,783 | 194,279 |
total assets | 2,054,826 | 2,291,522 | 2,761,589 | 2,047,396 | 1,396,093 | 950,115 | 826,792 | 326,727 | 212,328 | 196,273 | 209,697 | 179,247 | 227,405 | 218,967 | 243,953 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 284,816 | 301,411 | 277,333 | 270,770 | 406,030 | 334,397 | 444,318 | 173,479 | 94,988 | 122,160 | 124,892 | 105,278 | 120,198 | 108,255 | 145,658 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 62,712 | 72,669 | 200,173 | 189,118 | 130,620 | 67,954 | 77,337 | 20,092 | 20,997 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 347,528 | 374,080 | 477,506 | 459,888 | 536,650 | 402,351 | 521,655 | 193,571 | 115,985 | 122,160 | 124,892 | 105,278 | 120,198 | 108,255 | 145,658 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 12,423 | 278,935 | 686,508 | 385,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,250 | 18,538 |
provisions | 2,037 | 2,294 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,660 | 4,660 | 4,660 | 4,660 | 4,660 | 4,660 |
total long term liabilities | 14,460 | 281,229 | 686,508 | 385,369 | 0 | 0 | 0 | 0 | 0 | 4,660 | 4,660 | 4,660 | 4,660 | 12,910 | 23,198 |
total liabilities | 361,988 | 655,309 | 1,164,014 | 845,257 | 536,650 | 402,351 | 521,655 | 193,571 | 115,985 | 126,820 | 129,552 | 109,938 | 124,858 | 121,165 | 168,856 |
net assets | 1,692,838 | 1,636,213 | 1,597,575 | 1,202,139 | 859,443 | 547,764 | 305,137 | 133,156 | 96,343 | 69,453 | 80,145 | 69,309 | 102,547 | 97,802 | 75,097 |
total shareholders funds | 1,692,838 | 1,636,213 | 1,597,575 | 1,202,139 | 859,443 | 547,764 | 305,137 | 133,156 | 96,343 | 69,453 | 80,145 | 69,309 | 102,547 | 97,802 | 75,097 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 48,063 | 18,898 | 24,610 | 26,789 | 11,502 | 11,011 | 5,550 | 4,927 | 2,876 | 6,062 | 7,783 | 10,322 | 13,429 | 12,531 | 15,936 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -38,796 | -304,350 | 284,760 | 105,660 | 40,987 | 6,420 | 268,054 | 37,391 | -4,863 | -7,375 | 36,144 | -41,436 | 17,054 | -10,757 | 140,381 |
Creditors | -16,595 | 24,078 | 6,563 | -135,260 | 71,633 | -109,921 | 270,839 | 78,491 | -27,172 | -2,732 | 19,614 | -14,920 | 11,943 | -37,403 | 145,658 |
Accruals and Deferred Income | -9,957 | -127,504 | 11,055 | 58,498 | 62,666 | -9,383 | 57,245 | -905 | 20,997 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -257 | 2,294 | 0 | 0 | 0 | 0 | 0 | 0 | -4,660 | 0 | 0 | 0 | 0 | 0 | 4,660 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -266,512 | -407,573 | 301,139 | 385,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,250 | -10,288 | 18,538 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -327,610 | -146,819 | 436,058 | 501,688 | 397,019 | 100,870 | 232,254 | 64,592 | 30,599 | -734 | 2,089 | 2,802 | -11,067 | -3,739 | 53,898 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -327,610 | -146,819 | 436,058 | 501,688 | 397,019 | 100,870 | 232,254 | 64,592 | 30,599 | -734 | 2,089 | 2,802 | -11,067 | -3,739 | 53,898 |
aci express (uk) ltd Credit Report and Business Information
Aci Express (uk) Ltd Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Sung Chung | South Korea | 57 years | Jan 2012 | - | Director |
Mr Chul Jung | England | 50 years | Jan 2021 | - | Director |
Mrs Boyoun Chang | England | 46 years | Sep 2022 | - | Director |
P&L
December 2023turnover
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 2023net 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
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
date | description | view/download |
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