Ace Resin Ltd

Ace Resin Ltd, based in Basildon, UK, is a small, active company founded six years ago in 2018. With four employees and £284,460 in assets, it operates from a virtual address – a bit strange, as 312 other companies are registered there too. It’s a solo founder operation, managed by one director and owner, Carter Shane. The company regularly exports plastics and plastic products, with seven months of export activity, but imports aluminum and aluminum products irregularly, just one month recorded in December 2024. Ace Resin specializes in floor and wall coverings, and operates an e-commerce website offering resin driveways and surfacing solutions, including trade kits and training.

The website highlights a focus on resin bound surfacing, positioning it as an alternative to traditional materials like tarmac and block paving. It caters to both domestic and commercial clients, offering services like SUDS compliant installations and even disaster recovery for damaged driveways. The site’s blog and FAQ section demonstrate a commitment to customer education and technical expertise, with details on different resin types, installation methods, and maintenance tips.

Financially, Ace Resin Ltd shows a mixed picture. Current assets decreased by 5.5% to £280,000, while net assets increased by 84% to £44,000. Bank borrowings decreased by 13% to £36,000, and cash reserves increased by 800% to £55,000. Trade creditors decreased by 54%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The increase in cash reserves is a positive sign, but the decrease in trade debtors could indicate a slowdown in customer payments. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Ace Resin Ltd appears to be a stable, albeit small, business navigating the competitive flooring and surfacing market. The company’s focus on quality, customer service, and technical expertise positions it well for continued growth, but it's important to monitor the trend in trade debtors.

Registered in England/Wales under the registration number 11656654, with a registered address at SS14 3WR, United Kingdom, Basildon, Essex, 4 Chester Court, Chester Hall Lane.

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