ace communications (gb) ltd

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ace communications (gb) ltd Company Information

Share ACE COMMUNICATIONS (GB) LTD

Company Number

07438751

Directors

Abid Hussain

Shareholders

abid hussain

Group Structure

View All

Industry

Other telecommunications activities

 

Registered Address

28 st. augustines avenue, london, W5 1ED

ace communications (gb) ltd Estimated Valuation

£14

Pomanda estimates the enterprise value of ACE COMMUNICATIONS (GB) LTD at £14 based on a Turnover of £25 and 0.6x industry multiple (adjusted for size and gross margin).

ace communications (gb) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ACE COMMUNICATIONS (GB) LTD at £0 based on an EBITDA of £-407 and a 2.52x industry multiple (adjusted for size and gross margin).

ace communications (gb) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ACE COMMUNICATIONS (GB) LTD at £0 based on Net Assets of £-24.9k and 2.41x industry multiple (adjusted for liquidity).

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Ace Communications (gb) Ltd Overview

Ace Communications (gb) Ltd is a live company located in london, W5 1ED with a Companies House number of 07438751. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2010, it's largest shareholder is abid hussain with a 100% stake. Ace Communications (gb) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £25.1 with declining growth in recent years.

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Ace Communications (gb) Ltd Health Check

Pomanda's financial health check has awarded Ace Communications (Gb) Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £25.1, make it smaller than the average company (£12.1m)

£25.1 - Ace Communications (gb) Ltd

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -92%, show it is growing at a slower rate (4.4%)

-92% - Ace Communications (gb) Ltd

4.4% - Industry AVG

production

Production

with a gross margin of 19.7%, this company has a higher cost of product (39.3%)

19.7% - Ace Communications (gb) Ltd

39.3% - Industry AVG

profitability

Profitability

an operating margin of -1624.6% make it less profitable than the average company (4.7%)

-1624.6% - Ace Communications (gb) Ltd

4.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (52)

1 - Ace Communications (gb) Ltd

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £62k, the company has an equivalent pay structure (£62k)

£62k - Ace Communications (gb) Ltd

£62k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £25.1, this is less efficient (£227.2k)

£25.1 - Ace Communications (gb) Ltd

£227.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (41 days)

72 days - Ace Communications (gb) Ltd

41 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ace Communications (gb) Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ace Communications (gb) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ace Communications (gb) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 498900%, this is a higher level of debt than the average (65.9%)

498900% - Ace Communications (gb) Ltd

65.9% - Industry AVG

ACE COMMUNICATIONS (GB) LTD financials

EXPORTms excel logo

Ace Communications (Gb) Ltd's latest turnover from November 2023 is estimated at £25 and the company has net assets of -£24.9 thousand. According to their latest financial statements, we estimate that Ace Communications (Gb) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Turnover252,03598,93351,93989,44016,44914,61518,86817,24014,8649,0997,949
Other Income Or Grants
Cost Of Sales201,63881,29741,73772,31313,23611,56714,92413,53611,8367,0496,142
Gross Profit539617,63610,20217,1273,2133,0483,9443,7053,0282,0501,807
Admin Expenses412-823,17612,56924,0098,0219,627-461-4,748-5,5077,69311,843
Operating Profit-407404-5,540-2,367-6,882-4,808-6,5794,4058,4538,535-5,643-10,036
Interest Payable2826
Interest Receivable15741
Pre-Tax Profit-407404-5,540-2,367-6,882-4,808-6,6064,3798,4588,542-5,639-10,035
Tax-77-876-1,691-1,794
Profit After Tax-407327-5,540-2,367-6,882-4,808-6,6063,5036,7666,748-5,639-10,035
Dividends Paid
Retained Profit-407327-5,540-2,367-6,882-4,808-6,6063,5036,7666,748-5,639-10,035
Employee Costs61,98360,42654,72755,33356,73756,28253,38051,08451,30851,68349,11147,049
Number Of Employees111111111111
EBITDA*-407404-5,540-2,367-6,882-4,808-6,5794,4058,4538,535-5,643-10,036

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress3,0002,5002,0001,5001,500
Trade Debtors541821,9312,644
Group Debtors
Misc Debtors
Cash5031,3841,353336
misc current assets
total current assets541821,9312,6443,0003,0033,3842,8531,836
total assets541821,9312,6443,0003,0033,3842,8531,836
Bank overdraft846
Bank loan
Trade Creditors 24,66019,32214,21812,0027,907
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,735
total current liabilities24,66019,32216,95312,0027,907846
loans
hp & lease commitments
Accruals and Deferred Income150360200
other liabilities24,79524,5918105,16212,30918,52611,870
provisions
total long term liabilities24,94524,9512008105,16212,30918,52611,870
total liabilities24,94524,95124,86019,32216,95312,0027,9071,6565,16212,30918,52611,870
net assets-24,940-24,533-24,860-19,320-16,953-10,071-5,2631,344-2,159-8,925-15,673-10,034
total shareholders funds-24,940-24,533-24,860-19,320-16,953-10,071-5,2631,344-2,159-8,925-15,673-10,034
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Operating Activities
Operating Profit-407404-5,540-2,367-6,882-4,808-6,5794,4058,4538,535-5,643-10,036
Depreciation
Amortisation
Tax-77-876-1,691-1,794
Stock-3,0005005005001,500
Debtors-413418-22-1,931-7132,644
Creditors-24,6605,3385,1042,2164,0957,907
Accruals and Deferred Income-210160200-2,7352,735
Deferred Taxes & Provisions
Cash flow from operations-204-24,5911,6843,0296,2626,241-5,643-11,536
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities20424,591-810-4,352-7,147-6,2176,65611,870
share issue-11
interest-28-255741
cash flow from financing20424,591-839-4,377-7,142-6,2106,66011,872
cash and cash equivalents
cash-503-881311,017336
overdraft-846846
change in cash846-1,349-881311,017336

ace communications (gb) 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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Ace Communications (gb) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ace communications (gb) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W 5 area or any other competitors across 12 key performance metrics.

ace communications (gb) ltd Ownership

ACE COMMUNICATIONS (GB) LTD group structure

Ace Communications (Gb) Ltd has no subsidiary companies.

Ultimate parent company

ACE COMMUNICATIONS (GB) LTD

07438751

ACE COMMUNICATIONS (GB) LTD Shareholders

abid hussain 100%

ace communications (gb) ltd directors

Ace Communications (Gb) Ltd currently has 1 director, Mr Abid Hussain serving since Jan 2011.

officercountryagestartendrole
Mr Abid HussainEngland42 years Jan 2011- Director

P&L

November 2023

turnover

25.1

-99%

operating profit

-407

0%

gross margin

19.7%

+1.02%

turnover

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

Balance Sheet

November 2023

net assets

-24.9k

+0.02%

total assets

5

-0.99%

cash

0

0%

net assets

Total assets minus all liabilities

ace communications (gb) ltd company details

company number

07438751

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

November 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

28 st. augustines avenue, london, W5 1ED

Bank

-

Legal Advisor

-

ace communications (gb) 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 did not find charges/mortgages relating to ace communications (gb) ltd.

ace communications (gb) 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.

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ace communications (gb) ltd Companies House Filings - See Documents

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