Ace Freight Ltd.

Ace Freight Ltd, based in London, UK, is a small, active company founded 4 years ago. With 10 employees and £1,120,220 in assets, it’s a family business managed by three directors and two owners. The company operates from a real address and has a solid trading status. While it’s an irregular importer, bringing in furskins and artificial fur products for just two months (last import in January 2025), it’s a regular exporter of carpets and textile floor coverings, with 215 months of export activity recorded (last export in October 2024).

Ace Freight’s website highlights its services as an air sea freight specialist, offering same-day UK distribution, courier services, warehousing, packing, white glove deliveries, and chain supply solutions. It caters to businesses needing international and domestic shipping, with a focus on customized logistics. The site also mentions a dedicated team and a commitment to providing comprehensive support for clients.

Financially, Ace Freight Ltd presents a mixed picture. Current assets increased by 11%, reaching £1,100,000, while net assets grew by 10%, reaching £810,000. However, bank borrowings decreased significantly, dropping 74% to just £4,400, and cash reserves saw a healthy increase of 15%, reaching £1,000,000. Creditors decreased by 30%, indicating better debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in corporation tax payable by 260% to £46,000, suggests potential tax-related challenges. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Ace Freight Ltd seems to be in a relatively stable position, benefiting from its established export business and efficient cash management. The decrease in bank borrowings is a positive sign, but the increase in corporation tax payable warrants monitoring.

Registered in England/Wales under the registration number 04264420, with a registered address at SE7 7SN, London, Unit 4 Lombard Trading Estate, 51 Anchor And Hope Lane.

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