aceteq ltd
aceteq ltd Company Information
Company Number
SC461721
Website
-Registered Address
111a neilston road, paisley, renfrewshire, PA2 6ER
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
John McFadden11 Years
Shareholders
john mcfadden 100%
aceteq ltd Estimated Valuation
Pomanda estimates the enterprise value of ACETEQ LTD at £8.7k based on a Turnover of £21.6k and 0.4x industry multiple (adjusted for size and gross margin).
aceteq ltd Estimated Valuation
Pomanda estimates the enterprise value of ACETEQ LTD at £4.2k based on an EBITDA of £1.4k and a 3.06x industry multiple (adjusted for size and gross margin).
aceteq ltd Estimated Valuation
Pomanda estimates the enterprise value of ACETEQ LTD at £5.8k based on Net Assets of £2.3k and 2.57x industry multiple (adjusted for liquidity).
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Aceteq Ltd Overview
Aceteq Ltd is a dissolved company that was located in renfrewshire, PA2 6ER with a Companies House number of SC461721. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2013, it's largest shareholder was john mcfadden with a 100% stake. The last turnover for Aceteq Ltd was estimated at £21.6k.
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Aceteq Ltd Health Check
Pomanda's financial health check has awarded Aceteq Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £21.6k, make it smaller than the average company (£2.3m)
- Aceteq Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (4.6%)
- Aceteq Ltd
4.6% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (37.5%)
- Aceteq Ltd
37.5% - Industry AVG
Profitability
an operating margin of 6.3% make it as profitable than the average company (5.5%)
- Aceteq Ltd
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Aceteq Ltd
20 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Aceteq Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £21.6k, this is less efficient (£132.3k)
- Aceteq Ltd
£132.3k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (43 days)
- Aceteq Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (34 days)
- Aceteq Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aceteq Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aceteq Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (65%)
65.6% - Aceteq Ltd
65% - Industry AVG
ACETEQ LTD financials
Aceteq Ltd's latest turnover from August 2019 is estimated at £21.6 thousand and the company has net assets of £2.3 thousand. According to their latest financial statements, we estimate that Aceteq Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,574 | 2,166 | 1,260 | 1,087 | 1,152 | 1,098 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 18 | 0 | 0 | 0 | 0 |
| Cash | 0 | 11,359 | 7,646 | 20,803 | 16,750 | 22,537 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,574 | 13,543 | 8,906 | 21,890 | 17,902 | 23,635 |
| total assets | 6,574 | 13,543 | 8,906 | 21,890 | 17,902 | 23,635 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,862 | 0 | 0 | 0 | 14,743 | 16,102 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 12,326 | 6,888 | 10,118 | 0 | 0 |
| total current liabilities | 3,862 | 12,326 | 6,888 | 10,118 | 14,743 | 16,102 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 450 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 450 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,312 | 12,326 | 6,888 | 10,118 | 14,743 | 16,102 |
| net assets | 2,262 | 1,217 | 2,018 | 11,772 | 3,159 | 7,533 |
| total shareholders funds | 2,262 | 1,217 | 2,018 | 11,772 | 3,159 | 7,533 |
| Aug 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,390 | 924 | 173 | -65 | 54 | 1,098 |
| Creditors | 3,862 | 0 | 0 | -14,743 | -1,359 | 16,102 |
| Accruals and Deferred Income | -11,876 | 5,438 | -3,230 | 10,118 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -11,359 | 3,713 | -13,157 | 4,053 | -5,787 | 22,537 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,359 | 3,713 | -13,157 | 4,053 | -5,787 | 22,537 |
aceteq ltd Credit Report and Business Information
Aceteq Ltd Competitor Analysis
Perform a competitor analysis for aceteq ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in PA2 area or any other competitors across 12 key performance metrics.
aceteq ltd Ownership
ACETEQ LTD group structure
Aceteq Ltd has no subsidiary companies.
Ultimate parent company
ACETEQ LTD
SC461721
aceteq ltd directors
Aceteq Ltd currently has 1 director, Mr John McFadden serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John McFadden | Scotland | 57 years | Oct 2013 | - | Director |
P&L
August 2019turnover
21.6k
+139%
operating profit
1.4k
0%
gross margin
16.9%
+0.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2019net assets
2.3k
+0.86%
total assets
6.6k
-0.51%
cash
0
-1%
net assets
Total assets minus all liabilities
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aceteq ltd company details
company number
SC461721
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2019
previous names
N/A
accountant
-
auditor
-
address
111a neilston road, paisley, renfrewshire, PA2 6ER
Bank
-
Legal Advisor
-
aceteq 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 aceteq ltd.
aceteq ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
