ACE FORWARDING LIMITED Financials
- Company number
- SC166831CopyCopy
- Registered office
- 28 Albyn Place, Aberdeen AB10 1YL
- Incorporated
- 05/07/1996
Company snapshot
- Status
- Active
- Employees
- 46 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.55%vs 20232023: £1.13M
Total Assets
8.13%vs 20232023: £1.74M
Cash in Bank
181.63%vs 20232023: £31.63K
Total Liabilities
-2.95%vs 20212021: £2.30M
Employees
0vs 20232023: 46
In 2024, ACE FORWARDING LIMITED reported net assets of £1.30M. The same filing shows total assets of £1.88M, cash in bank of £89.09K and total liabilities of £2.24M. Reported headcount was 46 in 2024. Net Assets rose from £1.13M in 2023 to £1.30M in 2024 (14.55%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.55%from £1.13M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures ACE FORWARDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+37%vs 2022+17.1% a year compound (CAGR)
Cash in Bank
+2730%vs 2022+432% a year compound (CAGR)
Total Assets
-40.9%vs 2022-23.1% a year compound (CAGR)
Employees
-11.5%vs 2022-6Biggest increase
Cash in Bank+2730%
£3.15K in 2022 to £89.09K in 2024
Biggest decrease
Total Assets-40.9%
£3.18M in 2022 to £1.88M in 2024
ACE FORWARDING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ACE FORWARDING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 68.97%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 70.23%2022
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.14%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 4.73%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ACE FORWARDING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 933.83K | 947.28K | 1.13M | 1.30M |
| Total Assets£ | 3.24M | 3.18M | 1.74M | 1.88M |
| Cash in Bank£ | 35.58K | 3.15K | 31.63K | 89.09K |
| Total Liabilities£ | 2.30M | 2.24M | – | – |
| Employees | 54 | 52 | 46 | 46 |
ACE FORWARDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ACE FORWARDING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ACE FORWARDING LIMITED reported net assets of £1.30M for 2024. That compares with £1.13M in 2023, a change of 14.55%.
ACE FORWARDING LIMITED reported total assets of £1.88M for 2024. That compares with £1.74M in 2023, a change of 8.13%.
ACE FORWARDING LIMITED reported cash in bank of £89.09K for 2024. That compares with £31.63K in 2023, a change of 181.63%.
ACE FORWARDING LIMITED reported 46 employees in 2024, compared with 46 in 2023.
Between 2022 and 2024, ACE FORWARDING LIMITED's net assets rose by 37%, cash in bank rose by 2730%, total assets fell by 40.9% and employee numbers fell by 11.5%. Net assets compounded at 17.1% a year across the two years to 2024, from £947.28K to £1.30M. Reported headcount went from 52 in 2022 to 46 in 2024 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.