ace greenacre ltd
ace greenacre ltd Company Information
Company Number
08963956
Website
http://kwaterhouse.comRegistered Address
first floor, kirkland house, 11-15 peterborough road, harrow, HA1 2AX
Industry
Dispensing chemist in specialised stores
Telephone
02089989715
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mansons chemists limited 100%
ace greenacre ltd Estimated Valuation
Pomanda estimates the enterprise value of ACE GREENACRE LTD at £148.2k based on a Turnover of £515.2k and 0.29x industry multiple (adjusted for size and gross margin).
ace greenacre ltd Estimated Valuation
Pomanda estimates the enterprise value of ACE GREENACRE LTD at £0 based on an EBITDA of £-26.5k and a 4.32x industry multiple (adjusted for size and gross margin).
ace greenacre ltd Estimated Valuation
Pomanda estimates the enterprise value of ACE GREENACRE LTD at £52.1k based on Net Assets of £81.5k and 0.64x industry multiple (adjusted for liquidity).
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Ace Greenacre Ltd Overview
Ace Greenacre Ltd is a live company located in harrow, HA1 2AX with a Companies House number of 08963956. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in March 2014, it's largest shareholder is mansons chemists limited with a 100% stake. Ace Greenacre Ltd is a established, small sized company, Pomanda has estimated its turnover at £515.2k with declining growth in recent years.
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Ace Greenacre Ltd Health Check
Pomanda's financial health check has awarded Ace Greenacre Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £515.2k, make it smaller than the average company (£12.1m)
- Ace Greenacre Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (5.3%)
- Ace Greenacre Ltd
5.3% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
- Ace Greenacre Ltd
30.9% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (2.2%)
- Ace Greenacre Ltd
2.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (85)
7 - Ace Greenacre Ltd
85 - Industry AVG
Pay Structure
on an average salary of £22.8k, the company has an equivalent pay structure (£22.8k)
- Ace Greenacre Ltd
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £73.6k, this is less efficient (£136.6k)
- Ace Greenacre Ltd
£136.6k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (31 days)
- Ace Greenacre Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (68 days)
- Ace Greenacre Ltd
68 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (31 days)
- Ace Greenacre Ltd
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (16 weeks)
20 weeks - Ace Greenacre Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (59.4%)
58.9% - Ace Greenacre Ltd
59.4% - Industry AVG
ACE GREENACRE LTD financials
Ace Greenacre Ltd's latest turnover from June 2023 is estimated at £515.2 thousand and the company has net assets of £81.5 thousand. According to their latest financial statements, Ace Greenacre Ltd has 7 employees and maintains cash reserves of £46.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 7 | 7 | 12 | 11 | 11 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 2 | 2 | 73 | 144 | 214 | 1 |
| Intangible Assets | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2 | 2 | 2 | 2 | 2 | 73 | 144 | 215 | 2 |
| Stock & work in progress | 43,399 | 48,098 | 57,101 | 0 | 0 | 0 | 0 | 59,718 | 49,531 |
| Trade Debtors | 28,411 | 21,256 | 36,832 | 213,870 | 151,337 | 154,656 | 291,104 | 39,451 | 71,000 |
| Group Debtors | 39,617 | 56,171 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 40,743 | 22,071 | 9,308 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 46,232 | 52,960 | 116,986 | 0 | 0 | 0 | 3,096 | 158,393 | 103,614 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 6,170 | 0 | 0 | 0 |
| total current assets | 198,402 | 200,556 | 220,227 | 213,870 | 151,337 | 160,826 | 294,200 | 257,562 | 224,145 |
| total assets | 198,404 | 200,558 | 220,229 | 213,872 | 151,339 | 160,899 | 294,344 | 257,777 | 224,147 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 83,472 | 86,803 | 26,165 | 128,717 | 33,224 | 42,274 | 41,369 | 50,014 | 60,165 |
| Group/Directors Accounts | 0 | 0 | 87,831 | 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 | 33,435 | 8,250 | 8,526 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 116,907 | 95,053 | 122,522 | 128,717 | 33,224 | 42,274 | 41,369 | 50,014 | 60,165 |
| 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 | 2,000 | 2,000 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 75,804 | 70,426 | 196,234 | 164,167 | 157,539 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 75,804 | 72,426 | 198,234 | 164,167 | 157,539 |
| total liabilities | 116,907 | 95,053 | 122,522 | 128,717 | 109,028 | 114,700 | 239,603 | 214,181 | 217,704 |
| net assets | 81,497 | 105,505 | 97,707 | 85,155 | 42,311 | 46,199 | 54,741 | 43,596 | 6,443 |
| total shareholders funds | 81,497 | 105,505 | 97,707 | 85,155 | 42,311 | 46,199 | 54,741 | 43,596 | 6,443 |
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 71 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | -4,699 | -9,003 | 57,101 | 0 | 0 | 0 | -59,718 | 10,187 | 49,531 |
| Debtors | 9,273 | 53,358 | -167,730 | 62,533 | -3,319 | -136,448 | 251,653 | -31,549 | 71,000 |
| Creditors | -3,331 | 60,638 | -102,552 | 95,493 | -9,050 | 905 | -8,645 | -10,151 | 60,165 |
| Accruals and Deferred Income | 25,185 | -276 | 8,526 | 0 | -2,000 | 0 | 2,000 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | -87,831 | 87,831 | 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 | 0 | 0 | 0 | -75,804 | 5,378 | -125,808 | 32,067 | 6,628 | 157,539 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -6,728 | -64,026 | 116,986 | 0 | 0 | -3,096 | -155,297 | 54,779 | 103,614 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,728 | -64,026 | 116,986 | 0 | 0 | -3,096 | -155,297 | 54,779 | 103,614 |
ace greenacre ltd Credit Report and Business Information
Ace Greenacre Ltd Competitor Analysis
Perform a competitor analysis for ace greenacre ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.
ace greenacre ltd Ownership
ACE GREENACRE LTD group structure
Ace Greenacre Ltd has no subsidiary companies.
Ultimate parent company
2 parents
ACE GREENACRE LTD
08963956
ace greenacre ltd directors
Ace Greenacre Ltd currently has 2 directors. The longest serving directors include Mr Nimish Patel (May 2022) and Mr Parveshkumar Patel (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nimish Patel | England | 65 years | May 2022 | - | Director |
| Mr Parveshkumar Patel | England | 63 years | May 2022 | - | Director |
P&L
June 2023turnover
515.2k
+5%
operating profit
-26.5k
0%
gross margin
30.9%
-5.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
81.5k
-0.23%
total assets
198.4k
-0.01%
cash
46.2k
-0.13%
net assets
Total assets minus all liabilities
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ace greenacre ltd company details
company number
08963956
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
March 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
first floor, kirkland house, 11-15 peterborough road, harrow, HA1 2AX
accountant
JOHN CUMMING ROSS LIMITED
auditor
-
ace greenacre 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 greenacre ltd.
ace greenacre ltd Companies House Filings - See Documents
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