Ace Adhesives Limited

Ace Adhesives Ltd, based in Walsall, UK, is a small, active company established 39 years ago. With 18 employees and £3,302,398 in assets, it’s a well-established player in the adhesives industry. The company, founded by a solo entrepreneur, is now overseen by three directors and owned by three individuals. Ace Adhesives regularly imports plastics and plastic products (74 months) and exports natural and modified starches, glues, and enzymes (66 months).

The company’s website highlights its focus on manufacturing glues and serving a wide range of industries, including packaging, furniture production, and bookbinding. It operates as a supplier of PVA, hot melts, dextrins, and jelly glues, catering to both commercial and industrial clients. The site emphasizes technical support and custom solutions, showcasing a commitment to customer service. It even mentions close links with machinery and equipment suppliers, offering practical advice and assistance.

Financially, Ace Adhesives shows some interesting trends. Property, plant, and equipment saw a substantial increase of 130%, while investments decreased by 34%. Bank borrowings were reduced by 32%, and cash reserves fell by 37%. Despite this, net assets increased by 12%, suggesting a positive overall financial picture. Trade debtors increased by 9.5%, which could indicate an expansion in sales or potentially delayed payments. Creditors also decreased by 29%, which is a good sign for debt management. The company’s small size (meeting two of three criteria for being small) allows for agility. No auditor is mentioned, which is common for smaller companies.

Overall, Ace Adhesives Ltd appears to be a stable and well-managed business, though the increase in property, plant, and equipment suggests potential investment or expansion. The company’s long history and commitment to customer service position it well for continued success.

Registered in England/Wales under the registration number 02014624, with a registered address at WS9 8TP, Walsall, West Midlands, Shenstone Drive, Northgate Aldridge.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.