Aceo Limited

Aceo Ltd, based in Westbury-On-Severn, UK, is a large, active company founded 25 years ago in 1999. With 54 employees and £19,626,539 in assets, it’s a significant player in the UK drinks industry. The company, owned and directed by Odim Edward, operates from a real address and is a solo founder’s creation. Aceo Ltd regularly imports glass and glassware (11 months) and exports drinks, alcohol, and vinegar (152 months), demonstrating a robust international trade presence.

Aceo Ltd’s website showcases its core business: providing world-class spirits to the drinks industry. The site highlights a range of products, including Scotch whisky, gin, rum, and Irish whiskey, catering to both experienced whisky fanatics and newcomers. It also offers services like distribution partnerships and brand building. The website is well-designed and easy to navigate, with clear product descriptions and contact information. It even has a separate section for news and events, indicating an active marketing strategy.

Financially, Aceo Ltd’s recent performance shows a mixed picture. While bank borrowings increased significantly by 28%, reaching £16 million, current assets also rose by 21%, hitting £20 million. However, net assets decreased by 8.6% to £9 million, and net losses deepened from £750,000 to -£460,000. Creditors increased by 110%, reaching £34 million, suggesting a reliance on trade credit. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt due to size) mean the figures are unaudited.

The increase in bank borrowings, combined with the deepening losses, suggests Aceo Ltd may be investing heavily in its business—perhaps expanding its product range or entering new markets. The rise in creditors could be a result of increased purchasing to support this growth. It’s possible that the company is experiencing typical challenges associated with rapid expansion, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 03836436, with a registered address at GL14 1QZ, Westbury-On-Severn, Gloucestershire, Hillside Farm, Rodley.

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