ace account solutions ltd.
ace account solutions ltd. Company Information
Company Number
08931564
Website
-Registered Address
64a stoney road, coventry, CV3 6HH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Accounting, and auditing activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Kiran Williams10 Years
Shareholders
kiran kaur williams 100%
ace account solutions ltd. Estimated Valuation
Pomanda estimates the enterprise value of ACE ACCOUNT SOLUTIONS LTD. at £57.8k based on a Turnover of £46k and 1.26x industry multiple (adjusted for size and gross margin).
ace account solutions ltd. Estimated Valuation
Pomanda estimates the enterprise value of ACE ACCOUNT SOLUTIONS LTD. at £725 based on an EBITDA of £176 and a 4.11x industry multiple (adjusted for size and gross margin).
ace account solutions ltd. Estimated Valuation
Pomanda estimates the enterprise value of ACE ACCOUNT SOLUTIONS LTD. at £807 based on Net Assets of £267 and 3.02x industry multiple (adjusted for liquidity).
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Ace Account Solutions Ltd. Overview
Ace Account Solutions Ltd. is a live company located in coventry, CV3 6HH with a Companies House number of 08931564. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2014, it's largest shareholder is kiran kaur williams with a 100% stake. Ace Account Solutions Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £46k with rapid growth in recent years.
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Ace Account Solutions Ltd. Health Check
Pomanda's financial health check has awarded Ace Account Solutions Ltd. 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £46k, make it smaller than the average company (£338.1k)
- Ace Account Solutions Ltd.
£338.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 358%, show it is growing at a faster rate (4.1%)
- Ace Account Solutions Ltd.
4.1% - Industry AVG
Production
with a gross margin of 39.2%, this company has a higher cost of product (72.8%)
- Ace Account Solutions Ltd.
72.8% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (20.2%)
- Ace Account Solutions Ltd.
20.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- Ace Account Solutions Ltd.
2 - Industry AVG
Pay Structure
on an average salary of £21.7k, the company has an equivalent pay structure (£21.7k)
- Ace Account Solutions Ltd.
£21.7k - Industry AVG
Efficiency
resulting in sales per employee of £46k, this is less efficient (£93.2k)
- Ace Account Solutions Ltd.
£93.2k - Industry AVG
Debtor Days
it gets paid by customers after 181 days, this is later than average (69 days)
- Ace Account Solutions Ltd.
69 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (22 days)
- Ace Account Solutions Ltd.
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ace Account Solutions Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ace Account Solutions Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (63.3%)
98.8% - Ace Account Solutions Ltd.
63.3% - Industry AVG
ACE ACCOUNT SOLUTIONS LTD. financials
Ace Account Solutions Ltd.'s latest turnover from March 2023 is estimated at £46 thousand and the company has net assets of £267. According to their latest financial statements, we estimate that Ace Account Solutions Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,200 | 0 | |||||||
| Other Income Or Grants | 0 | ||||||||
| Cost Of Sales | 0 | ||||||||
| Gross Profit | 0 | ||||||||
| Admin Expenses | 0 | ||||||||
| Operating Profit | 0 | ||||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | -161 | 0 | |||||||
| Tax | 0 | 0 | |||||||
| Profit After Tax | -161 | 0 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | -161 | 0 | |||||||
| Employee Costs | 0 | ||||||||
| Number Of Employees | |||||||||
| EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,000 | 0 | 860 | 1,300 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 5,000 | 0 | 860 | 1,300 | 0 | 0 | 1 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,939 | 6,969 | 860 | 0 | 925 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 16,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,939 | 23,469 | 860 | 0 | 925 | 0 | 0 | 0 | 0 |
| total assets | 22,939 | 28,469 | 860 | 860 | 2,225 | 0 | 0 | 1 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,452 | 7,452 | 0 | 802 | 430 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,452 | 7,452 | 0 | 802 | 430 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 15,220 | 20,893 | 802 | 0 | 385 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,220 | 20,893 | 802 | 0 | 385 | 0 | 0 | 0 | 0 |
| total liabilities | 22,672 | 28,345 | 802 | 802 | 815 | 0 | 0 | 0 | 0 |
| net assets | 267 | 124 | 58 | 58 | 1,410 | 0 | 0 | 1 | 0 |
| total shareholders funds | 267 | 124 | 58 | 58 | 1,410 | 0 | 0 | 1 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 0 | ||||||||
| Depreciation | 0 | 0 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | ||||||
| Tax | 0 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -530 | 22,609 | 860 | -925 | 925 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 7,452 | -802 | 372 | 430 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 0 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,673 | 20,091 | 802 | -385 | 385 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | |||||||
| cash flow from financing | 160 | 1 | |||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ace account solutions ltd. Credit Report and Business Information
Ace Account Solutions Ltd. Competitor Analysis
Perform a competitor analysis for ace account solutions ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CV3 area or any other competitors across 12 key performance metrics.
ace account solutions ltd. Ownership
ACE ACCOUNT SOLUTIONS LTD. group structure
Ace Account Solutions Ltd. has no subsidiary companies.
Ultimate parent company
ACE ACCOUNT SOLUTIONS LTD.
08931564
ace account solutions ltd. directors
Ace Account Solutions Ltd. currently has 1 director, Miss Kiran Williams serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Kiran Williams | England | 41 years | Mar 2014 | - | Director |
P&L
March 2023turnover
46k
+250%
operating profit
176.5
0%
gross margin
39.3%
+2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
267
+1.15%
total assets
22.9k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
ace account solutions ltd. company details
company number
08931564
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
69201 - Accounting, and auditing activities
incorporation date
March 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
64a stoney road, coventry, CV3 6HH
accountant
-
auditor
-
ace account solutions 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 account solutions ltd..
ace account solutions ltd. Companies House Filings - See Documents
| date | description | view/download |
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