Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
114 old church lane, stanmore, HA7 2RR
Website
-
ace finance and developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ACE FINANCE AND DEVELOPMENTS LTD at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).
ace finance and developments ltdEstimated Valuation
£336.7k
Pomanda estimates the enterprise value of ACE FINANCE AND DEVELOPMENTS LTD at £336.7k based on an EBITDA of £81.1k and a 4.15x industry multiple (adjusted for size and gross margin).
ace finance and developments ltdEstimated Valuation
£171.4k
Pomanda estimates the enterprise value of ACE FINANCE AND DEVELOPMENTS LTD at £171.4k based on Net Assets of £139k and 1.23x industry multiple (adjusted for liquidity).
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Ace Finance And Developments LtdOverview
Ace Finance And Developments Ltd is a live company located in stanmore, HA7 2RR with a Companies House number of 11344635. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2018, it's largest shareholder is
suman gami
with a 20% stake. Ace Finance And Developments Ltd is a young,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
There is insufficient data available to calculate a health check for Ace Finance And Developments Ltd. Company Health Check FAQs
Health Rating0out of 5
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ace Finance And Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
- - Ace Finance And Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (69.3%)
- - Ace Finance And Developments Ltd
- - Industry AVG
ACE FINANCE AND DEVELOPMENTS LTD financials
EXPORT
Ace Finance And Developments Ltd's latest turnover from March 2024 is estimated at 0 and the company has net assets of £139 thousand. According to their latest financial statements, we estimate that Ace Finance And Developments Ltd has no employees and maintains cash reserves of £337 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
27,324
193,312
Other Income Or Grants
Cost Of Sales
10,547
77,039
Gross Profit
16,777
116,273
Admin Expenses
-80,772
-45,185
-46,890
-18,521
23,941
120,892
Operating Profit
80,772
45,185
46,890
18,521
-7,164
-4,619
Interest Payable
Interest Receivable
16
196
210
63
53
100
Pre-Tax Profit
80,788
45,380
47,100
18,584
-7,111
-4,519
Tax
-20,197
-8,622
-8,949
-3,531
Profit After Tax
60,591
36,758
38,151
15,053
-7,111
-4,519
Dividends Paid
Retained Profit
60,591
36,758
38,151
15,053
-7,111
-4,519
Employee Costs
69,163
68,332
Number Of Employees
1
1
EBITDA*
81,084
45,498
46,890
18,521
-7,164
-4,619
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
625
937
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
625
937
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
2,122,837
1,647,623
1,782,613
1,266,843
1,023,585
1,733,965
Cash
337
275
8,931
47,158
78,825
26,636
misc current assets
1
total current assets
2,123,175
1,647,898
1,791,544
1,314,001
1,102,410
1,760,601
total assets
2,123,800
1,648,835
1,791,544
1,314,001
1,102,410
1,760,601
Bank overdraft
Bank loan
Trade Creditors
8,800
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
29,135
10,761
13,827
1,310,577
1,105,239
1,765,119
total current liabilities
29,135
10,761
13,827
1,310,577
1,114,039
1,765,119
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,955,642
1,559,642
1,736,142
provisions
total long term liabilities
1,955,642
1,559,642
1,736,142
total liabilities
1,984,777
1,570,403
1,749,969
1,310,577
1,114,039
1,765,119
net assets
139,023
78,432
41,575
3,424
-11,629
-4,518
total shareholders funds
139,023
78,432
41,575
3,424
-11,629
-4,518
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
80,772
45,185
46,890
18,521
-7,164
-4,619
Depreciation
312
313
Amortisation
Tax
-20,197
-8,622
-8,949
-3,531
Stock
Debtors
475,214
-134,990
515,770
243,258
-710,380
1,733,965
Creditors
-8,800
8,800
Accruals and Deferred Income
18,374
-3,066
-1,296,750
205,338
-659,880
1,765,119
Deferred Taxes & Provisions
Cash flow from operations
-395,953
168,800
-1,774,579
-31,730
52,136
26,535
Investing Activities
capital expenditure
-1,250
Change in Investments
cash flow from investments
-1,250
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
396,000
-176,500
1,736,142
share issue
99
1
interest
16
196
210
63
53
100
cash flow from financing
396,016
-176,205
1,736,352
63
53
101
cash and cash equivalents
cash
62
-8,656
-38,227
-31,667
52,189
26,636
overdraft
change in cash
62
-8,656
-38,227
-31,667
52,189
26,636
ace finance and developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ace finance and developments ltd. Get real-time insights into ace finance and developments ltd's credit score, group structure and payment trends.
Ace Finance And Developments Ltd Competitor Analysis
Perform a competitor analysis for ace finance and developments ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in HA7 area or any other competitors across 12 key performance metrics.
ace finance and developments ltd Ownership
ACE FINANCE AND DEVELOPMENTS LTD group structure
Ace Finance And Developments Ltd has no subsidiary companies.
Ultimate parent company
ACE FINANCE AND DEVELOPMENTS LTD
11344635
ACE FINANCE AND DEVELOPMENTS LTD Shareholders
The largest shareholders in Ace Finance And Developments Ltd include Suman Gami and Himat Gami.
suman gami
20%
himat gami
20%
chivaar gami
20%
shyr gami
20%
gami jyotika
20%
ace finance and developments ltd directors
Ace Finance And Developments Ltd currently has 3 directors.
The longest serving directors include
Mr Himat Gami (May 2018) and
Mr Chivaar Gami (Mar 2021).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
114 old church lane, stanmore, HA7 2RR
Bank
-
Legal Advisor
-
ace finance and developments 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 finance and developments ltd.
ace finance and developments 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 finance and developments ltdCompanies House Filings - See Documents
