five aces ltd

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five aces ltd Company Information

Share FIVE ACES LTD

Company Number

11271915

Shareholders

anthony joel calmonson

michelle lauren calmonson

Group Structure

View All

Industry

Retail sale via mail order houses or via Internet

 

Registered Address

18 church lane, whitefield, manchester, lancashire, M45 7NF

Website

-

five aces ltd Estimated Valuation

£73.7k

Pomanda estimates the enterprise value of FIVE ACES LTD at £73.7k based on a Turnover of £240.6k and 0.31x industry multiple (adjusted for size and gross margin).

five aces ltd Estimated Valuation

£18.7k

Pomanda estimates the enterprise value of FIVE ACES LTD at £18.7k based on an EBITDA of £5.1k and a 3.64x industry multiple (adjusted for size and gross margin).

five aces ltd Estimated Valuation

£21k

Pomanda estimates the enterprise value of FIVE ACES LTD at £21k based on Net Assets of £9.8k and 2.14x industry multiple (adjusted for liquidity).

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Five Aces Ltd Overview

Five Aces Ltd is a live company located in manchester, M45 7NF with a Companies House number of 11271915. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2018, it's largest shareholder is anthony joel calmonson with a 50% stake. Five Aces Ltd is a young, micro sized company, Pomanda has estimated its turnover at £240.6k with high growth in recent years.

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Five Aces Ltd Health Check

Pomanda's financial health check has awarded Five Aces Ltd a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £240.6k, make it smaller than the average company (£312.6k)

£240.6k - Five Aces Ltd

£312.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (3.6%)

26% - Five Aces Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 36%, this company has a comparable cost of product (36%)

36% - Five Aces Ltd

36% - Industry AVG

profitability

Profitability

an operating margin of -2.1% make it less profitable than the average company (2.8%)

-2.1% - Five Aces Ltd

2.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Five Aces Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £29k, the company has an equivalent pay structure (£29k)

£29k - Five Aces Ltd

£29k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.3k, this is less efficient (£161.1k)

£120.3k - Five Aces Ltd

£161.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is later than average (21 days)

42 days - Five Aces Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (33 days)

12 days - Five Aces Ltd

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 16 days, this is less than average (82 days)

16 days - Five Aces Ltd

82 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (19 weeks)

19 weeks - Five Aces Ltd

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.1%, this is a higher level of debt than the average (72.5%)

88.1% - Five Aces Ltd

72.5% - Industry AVG

FIVE ACES LTD financials

EXPORTms excel logo

Five Aces Ltd's latest turnover from April 2024 is estimated at £240.6 thousand and the company has net assets of £9.8 thousand. According to their latest financial statements, Five Aces Ltd has 2 employees and maintains cash reserves of £17.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Turnover240,566134,424144,075119,571228,970303,937
Other Income Or Grants
Cost Of Sales154,00385,22391,99475,981149,907190,937
Gross Profit86,56449,20052,08143,59079,063113,001
Admin Expenses91,55835,00757,00037,19279,711109,329
Operating Profit-4,99414,193-4,9196,398-6483,672
Interest Payable
Interest Receivable1,058554849
Pre-Tax Profit-3,93614,747-4,8356,407-6483,672
Tax-3,687-1,217-698
Profit After Tax-3,93611,060-4,8355,190-6482,974
Dividends Paid
Retained Profit-3,93611,060-4,8355,190-6482,974
Employee Costs57,96254,30255,21054,36352,34255,562
Number Of Employees222222
EBITDA*5,13314,453-2,1576,398-6483,672

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Tangible Assets29,5873245842,5685,9039,238
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets29,5873245842,5685,9039,238
Stock & work in progress7,0007,1287,0007,000
Trade Debtors28,0309,65511,6516,19518,49125,609
Group Debtors
Misc Debtors329307379671
Cash17,72222,5703,49918,913
misc current assets
total current assets52,75239,35322,47932,41518,87026,280
total assets82,33939,67723,06334,98324,77335,518
Bank overdraft
Bank loan
Trade Creditors 5,2673,6903,3752,94317,52123,956
Group/Directors Accounts
other short term finances
hp & lease commitments4,345
other current liabilities37,60622,24417,00524,522
total current liabilities47,21825,93420,38027,46517,52123,956
loans
hp & lease commitments25,314
Accruals and Deferred Income4,9268,588
other liabilities
provisions
total long term liabilities25,3144,9268,588
total liabilities72,53225,93420,38027,46522,44732,544
net assets9,80713,7432,6837,5182,3262,974
total shareholders funds9,80713,7432,6837,5182,3262,974
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Operating Activities
Operating Profit-4,99414,193-4,9196,398-6483,672
Depreciation10,1272602,762
Amortisation
Tax-3,687-1,217-698
Stock-1281287,000
Debtors18,375-2,3255,478-12,368-7,41026,280
Creditors1,577315432-14,578-6,43523,956
Accruals and Deferred Income15,3625,239-7,51719,596-3,6628,588
Deferred Taxes & Provisions
Cash flow from operations3,82518,517-14,72015,567-3,3359,238
Investing Activities
capital expenditure-39,390-7783,3353,335-9,238
Change in Investments
cash flow from investments-39,390-7783,3353,335-9,238
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments29,659
other long term liabilities
share issue2
interest1,058554849
cash flow from financing30,7175548411
cash and cash equivalents
cash-4,84819,071-15,41418,913
overdraft
change in cash-4,84819,071-15,41418,913

five aces 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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Five Aces Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for five aces ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M45 area or any other competitors across 12 key performance metrics.

five aces ltd Ownership

FIVE ACES LTD group structure

Five Aces Ltd has no subsidiary companies.

Ultimate parent company

FIVE ACES LTD

11271915

FIVE ACES LTD Shareholders

anthony joel calmonson 50%
michelle lauren calmonson 50%

five aces ltd directors

Five Aces Ltd currently has 2 directors. The longest serving directors include Mr Anthony Calmonson (Mar 2018) and Mrs Michelle Calmonson (Mar 2018).

officercountryagestartendrole
Mr Anthony CalmonsonEngland65 years Mar 2018- Director
Mrs Michelle Calmonson58 years Mar 2018- Director

P&L

April 2024

turnover

240.6k

+79%

operating profit

-5k

0%

gross margin

36%

-1.69%

turnover

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

Balance Sheet

April 2024

net assets

9.8k

-0.29%

total assets

82.3k

+1.08%

cash

17.7k

-0.21%

net assets

Total assets minus all liabilities

five aces ltd company details

company number

11271915

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

WARR & CO LIMITED

auditor

-

address

18 church lane, whitefield, manchester, lancashire, M45 7NF

Bank

-

Legal Advisor

-

five aces 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 five aces ltd.

five aces 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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five aces ltd Companies House Filings - See Documents

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