ACE SUPPLY COMPANY LIMITED(THE)
- 45310SIC 45310
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (70/100).
Refinance opportunity
5 live charges · 4 lenders · oldest 35.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £14.52M | £13.90M |
| Gross profit | £4.59M | £4.20M |
| Operating profit | £417.9k | £144.2k |
| Profit before tax | £257.9k | £38.8k |
| Average employees | 5500 | 5800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2025-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-30➖SILVERMAN, Murray resignedsecretary
- 2023-06-30➖SILVERMAN, Murray resigneddirector
- 2023-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-14🔓Charge satisfied #3
- 2023-06-14🔓Charge satisfied #2
- 2023-06-14🔓Charge satisfied #1
- 2022-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2020-06-30📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-03-25📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-13🔓Charge satisfied #4
- 2019-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-05🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2017-06-20➖MILLMAN, Leslie Stuart resigneddirector
- 2017-06-20🔒Charge registered #4Lender: Leslie Millman
- 2012-04-26➕DAVIS, David appointeddirector
- 2012-04-26➕SILVERMAN, Dale appointeddirector
- 2010-11-08🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2000-03-03🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1990-12-31🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1986-11-18🏢Company incorporatedAs ACE SUPPLY COMPANY LIMITED(THE)
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
The Ace Supply Holding Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Ace Supply Holding Company Limited Corporate entity | 75–100% | — | 75-100% shares | 20/06/2017 |
2 historic (ceased) PSCs
- Mr Leslie Stuart Millmanceased 20/06/2017· 25-50% shares
- Ms Loraine Silvermanceased 20/06/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 15822512 LIMITED→ 15822512 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 365 WREATHS UK LTD→ 14163085 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A & B CANN DENTURES DIRECT LIMITED→ 05181870 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| A & E SUPPLIES LIMITED→ 02098549 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| ABI STEEL WORKS LTD→ 12205866 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACCESS DOOR SYSTEMS LIMITED→ 02372725 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| ACCOUNTABILI-TEAM LIMITED→ 15852548 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE VUE LTD→ 15578600 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACER HEATING & PLUMBING SOLUTIONS LTD→ 11551441 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACORN DOORS LTD→ 13670070 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACOUSTIC TREATMENT UK LTD→ 16722895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACOUSTIKS LTD→ 11351890 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 05/07/2019 | — | |
| satisfied | Leslie Millman | A registered charge | 3 properties | 20/06/2017 | 13/08/2019 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 08/11/2010 | 14/06/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of deposit | 1 property | 03/03/2000 | 14/06/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 31/12/1990 | 14/06/2023 |