Ace Hydraulics Ltd

Ace Hydraulics Ltd, based in Sittingbourne, UK, is a small, active holding company founded 14 years ago. Employing 22 people and holding £1,054,275 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last six months.

Ace Hydraulics specializes in hydraulic repair and refurbishment, offering services ranging from ram repairs to bucket refurbishments. Its website highlights expertise in design, maintenance, and repair, catering to various industries. The company boasts a 24/7 call-out service and offers maintenance plans to suit different equipment needs. The site also features a blog and customer testimonials, emphasizing reliability and customer satisfaction.

Financially, Ace Hydraulics shows some interesting trends. Cash reserves increased by 38%, reaching £320,000, while trade debtors decreased significantly by 50%, falling to £300,000. Bank borrowings also decreased by 46%, down to £74,000. Creditors, however, rose by 30%, reaching £840,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows for agility, but the increase in creditors suggests a need to manage cash flow carefully. There’s no auditor mentioned, so the financial statements are unaudited.

Overall, Ace Hydraulics appears to be a stable, albeit small, business with a focus on specialized hydraulic services. The decrease in debtors is a positive sign, but the rising creditors warrants attention.

Registered in England/Wales under the registration number 07597912, with a registered address at ME10 3SQ, Sittingbourne, Kent, Unit 3 Waterview Business Park, Off Castle Road.

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