Ace Interior Solutions Ltd

Ace Interior Solutions Ltd, based in Windsor, UK, is a small, active company established twelve years ago in December 2012. With a single employee and £376,350 in assets, it operates from a virtual address – forty-nine other companies share the same location – and is managed by two directors and one owner, Miller Stuart. The business is an irregular importer, primarily dealing in aluminum and aluminum products, with its last import activity recorded one month ago in November 2022. The company operates in the artistic creation industries.

The business’s website is not available, so it’s difficult to determine the exact nature of its operations beyond its import activity and artistic creation focus. It’s likely that Ace Interior Solutions Ltd functions as a supplier or distributor of materials for interior design projects, rather than a direct-to-consumer retailer.

Financially, Ace Interior Solutions Ltd presents a concerning trend. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), key figures have declined. Current assets have fallen by 19%, dropping to £380,000, and net assets have plummeted 20%, settling at £280,000. Cash reserves have also taken a hit, decreasing by 63% to £53,000. Bank borrowings, however, have decreased by 28%, suggesting some improvement in debt management. Trade creditors have also decreased by 18%. The company’s auditor is not mentioned, which is expected for a small company exempt from an audit.

The sharp decline in equity and cash reserves, coupled with the decrease in current assets, suggests Ace Interior Solutions Ltd is burning through money. The increase in other taxation and social security payable by 25% could be a result of increased business activity, but it also adds to the financial pressure. It's possible the company is facing challenges in managing its cash flow or experiencing increased operating expenses. The lack of employees, while typical for a small business, could also limit its ability to scale and adapt to changing market conditions.

Registered in England/Wales under the registration number 08333593, with a registered address at SL4 1SE, Windsor, Berkshire, 13 Vansittart Estate.

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