ACES GLOBAL QUALITY SERVICES UK LIMITED Financials
- Company number
- 12668616Copy
Copy - Registered office
- Midsummer Court, 314 Midsummer Boulevard, Milton Keynes, Buckinghamshire MK9 2UB
- Incorporated
- 13/06/2020
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-61.07%vs 20222022: £-158.38K
Total Assets
-72.02%vs 20222022: £203.91K
Cash in Bank
163.02%vs 20222022: £19.98K
Total Liabilities
-13.84%vs 20222022: £362.29K
Employees
0vs 20222022: 3
In 2023, ACES GLOBAL QUALITY SERVICES UK LIMITED reported net assets of £-255.09K. The same filing shows total assets of £57.06K, cash in bank of £52.54K and total liabilities of £312.15K. Reported headcount was 3 in 2023. Total Assets fell from £203.91K in 2022 to £57.06K in 2023 (-72.02%). Okredo holds filed figures for 2021–2023; 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
-61.07%from £-158.38K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures ACES GLOBAL QUALITY SERVICES UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
+788%vs 2021+198% a year compound (CAGR)
Total Assets
-0.4%vs 2021-0.2% a year compound (CAGR)
Total Liabilities
+114%vs 2021+46.2% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+788%
£5.92K in 2021 to £52.54K in 2023
Biggest decrease
Total Assets-0.4%
£57.30K in 2021 to £57.06K in 2023
ACES GLOBAL QUALITY SERVICES UK LIMITED's filings pull in both directions between 2021 and 2023. 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 ACES GLOBAL QUALITY SERVICES UK 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
- -447.10%2023
- Liabilities to total assets
- 547.10%2023
- Cash to liabilities
- 16.83%2023
- Cash to total assets
- 92.08%2023
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ACES GLOBAL QUALITY SERVICES UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -88.78K | -158.38K | -255.09K |
| Total Assets£ | 57.30K | 203.91K | 57.06K |
| Cash in Bank£ | 5.92K | 19.98K | 52.54K |
| Total Liabilities£ | 146.08K | 362.29K | 312.15K |
| Employees | 3 | 3 | 3 |
ACES GLOBAL QUALITY SERVICES UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ACES GLOBAL QUALITY SERVICES UK LIMITED filed financial statements?
Yes. Okredo holds filed figures for ACES GLOBAL QUALITY SERVICES UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did ACES GLOBAL QUALITY SERVICES UK LIMITED report in 2023?
ACES GLOBAL QUALITY SERVICES UK LIMITED reported net assets of £-255.09K for 2023. That compares with £-158.38K in 2022, a change of -61.07%.
What total assets did ACES GLOBAL QUALITY SERVICES UK LIMITED report in 2023?
ACES GLOBAL QUALITY SERVICES UK LIMITED reported total assets of £57.06K for 2023. That compares with £203.91K in 2022, a change of -72.02%.
What cash in bank did ACES GLOBAL QUALITY SERVICES UK LIMITED report in 2023?
ACES GLOBAL QUALITY SERVICES UK LIMITED reported cash in bank of £52.54K for 2023. That compares with £19.98K in 2022, a change of 163.02%.
How many people does ACES GLOBAL QUALITY SERVICES UK LIMITED employ?
ACES GLOBAL QUALITY SERVICES UK LIMITED reported 3 employees in 2023, compared with 3 in 2022.
How have ACES GLOBAL QUALITY SERVICES UK LIMITED financials changed over the last 3 years?
Between 2021 and 2023, ACES GLOBAL QUALITY SERVICES UK LIMITED's cash in bank rose by 788%, total assets fell by 0.4%, total liabilities rose by 114% and employee numbers was unchanged. Cash in bank compounded at 198% a year across the two years to 2023, from £5.92K to £52.54K. Reported headcount went from 3 in 2021 to 3 in 2023.
Which years of ACES GLOBAL QUALITY SERVICES UK LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.