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Aceo Limited

03836436

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

HILLSIDE FARM, WESTBURY-ON-SEVERN, GL14 1QZ
Incorporated 06/09/1999

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

Industry

11010
Distilling, rectifying and blending of spirits
46342
46342

Officers

Mr Edward Odim

director · Since 06/09/1999

WHISKY BROKER

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Persons with Significant Control

Mr Edward Odim

75–100% shares
75–100% votes
Appoint directors

British · England · Age 67

The Stables, Hillside Farm, Westbury-On-Severn, GL14 1QZ

Notified 06/04/2016

Charges3 outstanding

Charge
satisfied

SIR ALEXANDER PENROSE GORDON CUMMING(OTHERWISE SIR ALASTAIR GORDON CUMMING) AS PARTNER OF AND T · LADY LOUSIA GORDON CUMMING AS PARTNER OF AND TRUSTEE FOR OF ALTYRE PARTNERSHIP · WILLIAM GORDON CUMMING AS PARTNER OF AND TRUSTEE FOR ALTYRE PARTNERSHIP AND AS AN INDIVIDUAL

Created 08/07/2025Registered 12/07/2025Satisfied 22/09/2025
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 15/10/2020Registered 15/10/2020
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 15/10/2020Registered 15/10/2020
charge
outstanding

SANTANDER UK PLC

Created 10/09/2010Registered 14/09/2010

CompanyRankvs 172+ SIC 11010 peers
48

Financial strength100th percentile among SIC peers · 25/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£9.3M

Balance sheet strength

Cash

£31k

Cash in the bank

Profit Before Tax

£569k

Bottom line earnings

Net Current Assets

-£219k

Working capital

Current Assets

£21.3M

Current Liabilities

£21.5M

Fixed Assets

£9.8M

Debtors

£2.6M

Cost of Sales

£5.1M

Admin Expenses

£4.3M

Profit After Tax

£399k

1avg. employees-65

Tax at Year End

Dividends paid-£383k

People Costs

Wages & salaries£1.9M

Balance Sheet

Intangible assets£22k
Bank loans & overdrafts£19.3M
Assets less current liabilities£9.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£269k
20230.99-£148k
20211.11-£170k
20202.77-£4k
20197.05+£88k
201810.71

Derived from filed accounts. Not audited figures.