ACE Winches

ACE Winches is a global leader in the design, manufacture and hire of winches, marine deck machinery and the provision of associated hire personnel for the offshore oil and gas, marine and renewable energy industries. ACE Winches is the expert partner to manage the total project solution from concept design right through to manufacture, testing, installation, commissioning, operation, training and on-going client support. Operating in over 50 countries ACE Winches specialise in reliable, safe solutions that deliver.
Company Growth (employees)
Type
Private
HQ
Aberdeenshire, GB
Founded
1992
Size (employees)
174 (est)
ACE Winches was founded in 1992 and is headquartered in Aberdeenshire, GB

ACE Winches Office Locations

ACE Winches has an office in Aberdeenshire

ACE Winches Data and Metrics

Summary Metrics

Founding Date

1992

ACE Winches Financial Metrics

ACE Winches's revenue was reported to be £26.7 m in FY, 2015 which is a 31% decrease from the previous period.
£, GBP

Revenue (FY, 2015)

26.7 m

Revenue growth (FY, 2014 - FY, 2015), %

(31%)

Gross profit (FY, 2015)

6.1 m

Gross profit margin (FY, 2015), %

23%

Net income (FY, 2015)

(1.5 m)

Cash (31-Oct-2015)

590 k
£, GBPFY, 2013FY, 2014FY, 2015

Revenue

35.4 m38.7 m26.7 m

Revenue growth, %

9%(31%)

Cost of goods sold

21.5 m27.4 m20.6 m

Gross profit

13.9 m11.3 m6.1 m

Gross profit Margin, %

39%29%23%

Operating expense total

6.9 m7.5 m7.8 m

Pre tax profit

6.7 m3.5 m(2.1 m)

Net Income

5.8 m2.9 m(1.5 m)
£, GBPFY, 2013FY, 2014FY, 2015

Cash

230 k350 k590 k

Accounts Receivable

5.4 m6.1 m4 m

Current Assets

8.3 m12.6 m8.5 m

PP&E

31.1 m33.8 m35 m

Total Assets

39.4 m46.4 m43.6 m

Accounts Payable

1.4 m3.5 m1.9 m

Current Liabilities

8.1 m11.9 m11.8 m

Retained Earnings

4 m2.9 m(1.5 m)

Total Equity

24.6 m27.5 m25.2 m

Financial Leverage

1.6 x1.7 x1.7 x
£, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

6 m4.7 m2.3 m

Cash From Financing Activities

5.4 m369 k2 m

Income Taxes Paid

(919 k)(548 k)660 k
Y, 2015

Financial Leverage

1.7 x

ACE Winches Online and Social Media Presence

ACE Winches Company Life and Culture

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