Ace General Engineering (cornwall) Ltd in Cornwall, TR7 2NY

Description

Data updated on: 01-11-2023

The firm operates under the name of Ace General Engineering (cornwall) Ltd. The company was started thirty one years ago and was registered under 02876747 as the registration number. The office of the company is located in Cornwall. You may find it at Quarry Park Road, Newquay. This enterprise's classified under the NACE and SIC code 25110 - Manufacture of metal structures and parts of structures. Ace General Engineering (cornwall) Limited released its account information for the period up to 31st December 2022. The firm's most recent annual confirmation statement was filed on 2nd December 2022.

With two recruitment advert since August 13, 2014, the enterprise has been relatively active on the labour market. On February 5, 2015, it started searching for new employees for a Skilled/Semi-Skilled Fabricator Welder post in Newquay, and on August 13, 2014, for the vacant post of a Skilled Fabricator/Welder in Newquay.

There is a team of four directors supervising this particular firm at the moment, namely Aaron S., Nick S., Janette S. and David S. who have been executing the directors tasks for nearly one year. Furthermore, the managing director's efforts are helped with by a secretary - Janette S., who was officially appointed by this firm on 4th January 2007.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand	50	50	119 142	24 009	25 289	75 795	123 645	101 381
Current Assets	346 296	370 402	468 586	384 767	408 120	441 977
Debtors	310 712	339 822	322 002	336 502	356 546	329 715	348 822	390 232
Net Assets Liabilities	209 181	237 042	302 623	261 714	290 669	305 565	287 588	361 111
Other Debtors	188 099	204 039	195 016	195 200	194 498	191 500	214 137	203 564
Property Plant Equipment	22 367	35 485	34 163	33 737	46 024	44 181	46 191	130 283
Total Inventories	35 534	30 530	27 442	24 256	26 285	36 467	42 149	51 950

Other Financial Data
Accrued Liabilities	4 228	4 057	4 089	4 236	4 642	3 119
Accumulated Depreciation Impairment Property Plant Equipment	48 313	58 770	69 942	80 684	74 532	83 845	98 835	110 725
Additions Other Than Through Business Combinations Property Plant Equipment					38 014	12 620
Average Number Employees During Period		16	16	17	21	21	15	14
Cash On Hand						75 795	123 645	101 381
Corporation Tax Payable	41 059	14 778	28 219	3 150		16 333	-2 211
Creditors	155 024	14 383	7 504	150 388	7 235	9 865	2 678	8 376
Depreciation Rate Used For Property Plant Equipment							25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment		949			-21 044	-4 933		-24 701
Disposals Property Plant Equipment		1 155			-31 879	-5 150		-35 334
Finance Lease Liabilities Present Value Total		14 383	7 504	6 879	7 235	9 866	2 678	8 376
Increase From Depreciation Charge For Year Property Plant Equipment		11 406	11 172	10 742	14 893	14 246	14 990	36 591
Net Current Assets Liabilities	191 272	223 024	282 445	234 379	260 624	277 590
Nominal Value Allotted Share Capital				60 000	60 000	60 000	50 000	50 000
Number Shares Issued Fully Paid				60 000	60 000	60 000	50 000	50 000
Other Creditors				6 402	14 792	16 618	13 850	4 706
Other Inventories				14 266	16 265	15 000
Other Payables Accrued Expenses				4 236	4 642
Other Provisions Balance Sheet Subtotal						6 340	7 277	24 753
Other Taxation Payable						6 604	5 495	11 318
Par Value Share					1	1	1	1
Prepayments				3 176	3 593	3 739
Property Plant Equipment Gross Cost	70 680	94 255	104 105	114 421	120 556	128 026	145 026	241 008
Provisions For Liabilities Balance Sheet Subtotal	4 458	7 084	6 481	6 402	8 744	6 341
Taxation Social Security Payable				9 132	35 196	27 882
Total Additions Including From Business Combinations Property Plant Equipment		24 730	9 850	10 316			17 000	131 316
Total Assets Less Current Liabilities	213 639	258 509	316 608	268 116	306 648	321 771
Total Borrowings				6 879	7 235	9 865
Trade Creditors Trade Payables	71 966	94 297	115 625	111 642	89 248	109 580	236 731	256 203
Trade Debtors Trade Receivables	119 385	132 785	123 994	138 125	158 455	134 476	134 685	186 668
Unpaid Contributions To Pension Schemes					299
Useful Life Property Plant Equipment Years							5	5
Work In Progress				9 991	10 020	21 467
Accumulated Amortisation Impairment Intangible Assets	13 333	13 333	13 333
Bank Borrowings Overdrafts	14 968	762
Fixed Assets	22 367	35 485	34 163	33 737
Increase Decrease In Property Plant Equipment		24 730
Intangible Assets Gross Cost	13 333	13 333	13 333
Other Taxation Social Security Payable	21 952	16 423	21 447	9 132
Prepayments Accrued Income	3 228	2 998	2 992	3 177