acereef limited
acereef limited Company Information
Company Number
06834573
Next Accounts
May 2025
Shareholders
charles gourgey & neil gourgey
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
48 rochester row, london, SW1P 1JU
Website
-acereef limited Estimated Valuation
Pomanda estimates the enterprise value of ACEREEF LIMITED at £229.2k based on a Turnover of £419.1k and 0.55x industry multiple (adjusted for size and gross margin).
acereef limited Estimated Valuation
Pomanda estimates the enterprise value of ACEREEF LIMITED at £916k based on an EBITDA of £228.9k and a 4x industry multiple (adjusted for size and gross margin).
acereef limited Estimated Valuation
Pomanda estimates the enterprise value of ACEREEF LIMITED at £282k based on Net Assets of £132.2k and 2.13x industry multiple (adjusted for liquidity).
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Acereef Limited Overview
Acereef Limited is a live company located in london, SW1P 1JU with a Companies House number of 06834573. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2009, it's largest shareholder is charles gourgey & neil gourgey with a 100% stake. Acereef Limited is a established, micro sized company, Pomanda has estimated its turnover at £419.1k with rapid growth in recent years.
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Acereef Limited Health Check
Pomanda's financial health check has awarded Acereef Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £419.1k, make it smaller than the average company (£3.8m)
- Acereef Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.1%)
- Acereef Limited
5.1% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Acereef Limited
38.1% - Industry AVG
Profitability
an operating margin of 54% make it more profitable than the average company (6.1%)
- Acereef Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Acereef Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Acereef Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £209.6k, this is more efficient (£152.6k)
- Acereef Limited
£152.6k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (41 days)
- Acereef Limited
41 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Acereef Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acereef Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (25 weeks)
2 weeks - Acereef Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (61.5%)
96% - Acereef Limited
61.5% - Industry AVG
ACEREEF LIMITED financials
Acereef Limited's latest turnover from August 2023 is estimated at £419.1 thousand and the company has net assets of £132.2 thousand. According to their latest financial statements, Acereef Limited has 2 employees and maintains cash reserves of £34.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,161 | 4,162 | 5,549 | 7,093 | 9,559 | 887 | 1,331 | |||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 2,500,000 | 2,500,000 | 2,500,000 | 2,100,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,259,378 | 1,259,378 | 1,259,378 | |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 2,525,161 | 2,504,162 | 2,505,549 | 2,107,093 | 2,009,559 | 2,000,887 | 2,001,331 | 2,000,000 | 2,000,000 | 2,000,000 | 1,259,378 | 1,259,378 | 1,259,378 | |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 56,955 | 14,875 | 20,615 | 12,545 | 239,584 | 218,850 | 70,033 | 16,802 | 31,804 | |||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 717,778 | 609,924 | 562,221 | 475,353 | 832,695 | 847,907 | 145,397 | 28,488 | ||||||
| Cash | 34,565 | 25,916 | 28,761 | 45,953 | 18,468 | 48,653 | 7,051 | 8,382 | 36,982 | 36,205 | 27,076 | 133,028 | 40,490 | |
| misc current assets | ||||||||||||||
| total current assets | 809,298 | 650,715 | 611,597 | 533,851 | 851,163 | 896,560 | 152,448 | 36,870 | 276,566 | 255,055 | 97,109 | 149,830 | 72,294 | |
| total assets | 3,334,459 | 3,154,877 | 3,117,146 | 2,640,944 | 2,860,722 | 2,897,447 | 2,153,779 | 2,036,870 | 2,276,566 | 2,255,055 | 1,356,487 | 1,409,208 | 1,331,672 | |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,526,924 | 1,318,928 | 995,389 | 966,775 | 858,080 | |||||||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 702,241 | 460,157 | 418,600 | 326,426 | 638,359 | 369,609 | 1,861,789 | 1,781,344 | ||||||
| total current liabilities | 702,241 | 460,157 | 418,600 | 326,426 | 638,359 | 369,609 | 1,861,789 | 1,781,344 | 1,526,924 | 1,318,928 | 995,389 | 966,775 | 858,080 | |
| loans | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 433,831 | 485,089 | ||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 254,106 | 315,248 | 374,034 | |||||||||||
| provisions | 9,325 | 117,126 | 77,468 | 87,797 | 91,008 | 100,214 | ||||||||
| total long term liabilities | 2,500,000 | 2,509,325 | 2,500,000 | 2,617,126 | 2,577,468 | 2,587,797 | 91,008 | 100,214 | 254,106 | 315,248 | 374,034 | 433,831 | 485,089 | |
| total liabilities | 3,202,241 | 2,969,482 | 2,918,600 | 2,943,552 | 3,215,827 | 2,957,406 | 1,952,797 | 1,881,558 | 1,781,030 | 1,634,176 | 1,369,423 | 1,400,606 | 1,343,169 | |
| net assets | 132,218 | 185,395 | 198,546 | -302,608 | -355,105 | -59,959 | 200,982 | 155,312 | 495,536 | 620,879 | -12,936 | 8,602 | -11,497 | |
| total shareholders funds | 132,218 | 185,395 | 198,546 | -302,608 | -355,105 | -59,959 | 200,982 | 155,312 | 495,536 | 620,879 | -12,936 | 8,602 | -11,497 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,382 | 1,387 | 1,544 | 2,466 | 3,483 | 444 | 444 | |||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 149,934 | 41,963 | 94,938 | -344,797 | -15,212 | 702,510 | 116,909 | -211,096 | 20,734 | 148,817 | 53,231 | -15,002 | 31,804 | |
| Creditors | -1,526,924 | 207,996 | 323,539 | 28,614 | 108,695 | 858,080 | ||||||||
| Accruals and Deferred Income | 242,084 | 41,557 | 92,174 | -311,933 | 268,750 | -1,492,180 | 80,445 | 1,781,344 | ||||||
| Deferred Taxes & Provisions | -9,325 | 9,325 | -117,126 | 39,658 | -10,329 | -3,211 | -9,206 | 100,214 | ||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 400,000 | 100,000 | 740,622 | 1,259,378 | ||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | 2,500,000 | -433,831 | -51,258 | 485,089 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -254,106 | -61,142 | -58,786 | 374,034 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 8,649 | -2,845 | -17,192 | 27,485 | -30,185 | 41,602 | -1,331 | -28,600 | 777 | 9,129 | -105,952 | 92,538 | 40,490 | |
| overdraft | ||||||||||||||
| change in cash | 8,649 | -2,845 | -17,192 | 27,485 | -30,185 | 41,602 | -1,331 | -28,600 | 777 | 9,129 | -105,952 | 92,538 | 40,490 |
acereef limited Credit Report and Business Information
Acereef Limited Competitor Analysis
Perform a competitor analysis for acereef limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SW1P area or any other competitors across 12 key performance metrics.
acereef limited Ownership
ACEREEF LIMITED group structure
Acereef Limited has no subsidiary companies.
Ultimate parent company
ACEREEF LIMITED
06834573
acereef limited directors
Acereef Limited currently has 2 directors. The longest serving directors include Mr Charles Gourgey (Jul 2017) and Mr Neil Gourgey (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Gourgey | England | 53 years | Jul 2017 | - | Director |
| Mr Neil Gourgey | England | 49 years | Jul 2017 | - | Director |
P&L
August 2023turnover
419.1k
+120%
operating profit
226.5k
0%
gross margin
38.1%
-0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
132.2k
-0.29%
total assets
3.3m
+0.06%
cash
34.6k
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
acereef limited company details
company number
06834573
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
48 rochester row, london, SW1P 1JU
Bank
-
Legal Advisor
-
acereef 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 found 2 charges/mortgages relating to acereef limited. Currently there are 1 open charges and 1 have been satisfied in the past.
acereef 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 ACEREEF LIMITED. This can take several minutes, an email will notify you when this has completed.
acereef limited Companies House Filings - See Documents
| date | description | view/download |
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