Five Aces Ltd

Five Aces Ltd is a small, family-run business based in Manchester, UK. Founded seven years ago in 2018, the company has two employees and holds £52,752 in assets. It operates an e-commerce site selling motor club products and accessories, with a focus on vintage and classic motorcycle styles. The business is active and has two directors and owners, Anthony Joel and Michelle Lauren Calmonson.

The website showcases a range of "packs" – vintage, racing, cafe racer – alongside individual components like aftermarket counters and storage solutions. It also offers services like usinage et 3D, and firmware updates. Jerem Motorcycles frequently features on the site, showcasing builds and modifications. The company imports tanning and dyeing products, but only for a couple of months, with the last import operation occurring in October 2022.

Financially, Five Aces Ltd is showing some concerning trends. While current assets increased by 34% to £53,000, net assets decreased by 29% to £9,800. Bank borrowings increased by 82%, reaching £47,000, and cash reserves fell 21% to £18,000. Creditors also increased significantly, by 82%, reaching £47,000. Trade debtors have risen dramatically, by 190%, to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

The increase in debtors and creditors suggests the company may be struggling with cash flow, and the decrease in equity is a worrying sign. It’s possible that the business is investing in growth, but the sharp decline in net assets indicates a need for careful financial management.

Registered in England/Wales under the registration number 11271915, with a registered address at M45 7NF, United Kingdom, Manchester, Lancashire, 18 Church Lane, Whitefield.

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