acet solutions limited
acet solutions limited Company Information
Company Number
11682226
Website
-Registered Address
the west wing, greenham hall, greenham, wellington, somerset, TA21 0JJ
Industry
Management of real estate on a fee or contract basis
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
27 days late
Group Structure
View All
Shareholders
charles vessey edis 50%
tanya louise edis 50%
acet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACET SOLUTIONS LIMITED at £62.2k based on a Turnover of £35.7k and 1.74x industry multiple (adjusted for size and gross margin).
acet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACET SOLUTIONS LIMITED at £20k based on an EBITDA of £4.5k and a 4.49x industry multiple (adjusted for size and gross margin).
acet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACET SOLUTIONS LIMITED at £10.2k based on Net Assets of £6.5k and 1.58x industry multiple (adjusted for liquidity).
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Acet Solutions Limited Overview
Acet Solutions Limited is a live company located in wellington, TA21 0JJ with a Companies House number of 11682226. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2018, it's largest shareholder is charles vessey edis with a 50% stake. Acet Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £35.7k with declining growth in recent years.
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Acet Solutions Limited Health Check
Pomanda's financial health check has awarded Acet Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £35.7k, make it smaller than the average company (£821.5k)
- Acet Solutions Limited
£821.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (1.7%)
- Acet Solutions Limited
1.7% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (62.1%)
- Acet Solutions Limited
62.1% - Industry AVG
Profitability
an operating margin of 12.5% make it less profitable than the average company (34.7%)
- Acet Solutions Limited
34.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Acet Solutions Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Acet Solutions Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £35.7k, this is less efficient (£146k)
- Acet Solutions Limited
£146k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (31 days)
- Acet Solutions Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (35 days)
- Acet Solutions Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acet Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Acet Solutions Limited
- - 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 (70.5%)
98.8% - Acet Solutions Limited
70.5% - Industry AVG
ACET SOLUTIONS LIMITED financials
Acet Solutions Limited's latest turnover from November 2022 is estimated at £35.7 thousand and the company has net assets of £6.5 thousand. According to their latest financial statements, we estimate that Acet Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Tangible Assets | 513,279 | 513,577 | 513,974 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 512,386 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 513,279 | 513,577 | 513,974 | 512,386 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,315 | 9,892 | 18,324 | 2,926 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 98,422 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 11,315 | 9,892 | 18,324 | 101,348 |
| total assets | 524,594 | 523,469 | 532,298 | 613,734 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,746 | 1,823 | 1,709 | 333 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 1,375 |
| total current liabilities | 3,746 | 1,823 | 1,709 | 1,708 |
| loans | 0 | 0 | 0 | 619,550 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 514,398 | 518,815 | 532,578 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 514,398 | 518,815 | 532,578 | 619,550 |
| total liabilities | 518,144 | 520,638 | 534,287 | 621,258 |
| net assets | 6,450 | 2,831 | -1,989 | -7,524 |
| total shareholders funds | 6,450 | 2,831 | -1,989 | -7,524 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 1,423 | -8,432 | 15,398 | 2,926 |
| Creditors | 1,923 | 114 | 1,376 | 333 |
| Accruals and Deferred Income | 0 | 0 | -1,375 | 1,375 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -512,386 | 512,386 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -619,550 | 619,550 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,417 | -13,763 | 532,578 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | -98,422 | 98,422 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -98,422 | 98,422 |
acet solutions limited Credit Report and Business Information
Acet Solutions Limited Competitor Analysis
Perform a competitor analysis for acet solutions limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TA21 area or any other competitors across 12 key performance metrics.
acet solutions limited Ownership
ACET SOLUTIONS LIMITED group structure
Acet Solutions Limited has no subsidiary companies.
Ultimate parent company
ACET SOLUTIONS LIMITED
11682226
acet solutions limited directors
Acet Solutions Limited currently has 2 directors. The longest serving directors include Mrs Tanya Edis (Nov 2018) and Mr Charles Edis (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Tanya Edis | England | 50 years | Nov 2018 | - | Director |
| Mr Charles Edis | 50 years | Nov 2018 | - | Director |
P&L
November 2022turnover
35.7k
+27%
operating profit
4.5k
0%
gross margin
22.6%
+9.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
6.5k
+1.28%
total assets
524.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
acet solutions limited company details
company number
11682226
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68320 - Management of real estate on a fee or contract basis
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2022
address
the west wing, greenham hall, greenham, wellington, somerset, TA21 0JJ
accountant
-
auditor
-
acet solutions limited 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 found 2 charges/mortgages relating to acet solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
acet solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
