ACS is the leading men’s hirewear supplier in the UK, providing formal hire outfits and infrastructure to high street brands and independent retailers. Supplying over 400,000 outfits per annum to over 1,000 stockists across the country, ACS has over 3m stock items available for hire. Established in the 1997, the company expanded their operations enormously, moving to a 190,000 sq ft warehouse on the outskirts of Glasgow in 2013. The new logistics centre has state-of-the-art processing equipment as well as the Durkopp sortation system and handles the sorting, shipping and return of client orders. ACS has received a multitude of awards for its service in recent years.
Glasgow, GB
Size (employees)
37 (est)+3%
ACS Clothing was founded in 1997 and is headquartered in Glasgow, GB
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Key People/Management at ACS Clothing

Richard Freedman

Richard Freedman

Chief Executive Officer
Andrew Rough

Andrew Rough

Chief Financial Officer
Joe Freedman

Joe Freedman

Anthony Burns

Anthony Burns

Group Operations Director
Joni O'Brien

Joni O'Brien

UK Sales Director

ACS Clothing Office Locations

ACS Clothing has offices in Glasgow, Memphis, Chicago and Holytown
Glasgow, GB (HQ)
45 W Nile St
Holytown, GB
Dovecote Rd
Chicago, US
2425 625 N Michigan Ave
Memphis, US
100 4400 Quality Dr
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ACS Clothing Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$26.2 m

Latest funding size

$13.36 m

Time since last funding

3 years ago


ACS Clothing's latest funding round in September 2015 was reported to be $13.4 m. In total, ACS Clothing has raised $26.2 m

ACS Clothing Financials

ACS Clothing's revenue was reported to be £8.55 m in FY, 2017

Revenue (FY, 2017)

8.5 m

Gross profit (FY, 2017)

6.7 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(219 k)

EBITDA (FY, 2017)

2.3 m

EBIT (FY, 2017)

(148 k)

Cash (31-May-2017)

1.3 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


6.6 m7.2 m7.3 m8.3 m11.4 m11.6 m10.7 m10.6 m9.3 m8.5 m

Revenue growth, %


Cost of goods sold

2.2 m2.1 m2.9 m2.2 m2.2 m2.1 m1.9 m

Gross profit

4.4 m5.1 m8.7 m8.5 m8.4 m7.3 m6.7 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

254.8 k332.1 k399.3 k797.8 k968.2 k1.5 m2 m1.5 m1.1 m(371.3 k)(219 k)

Cash From Operating Activities

1.3 m1.9 m1.3 m1.4 m3 m4.4 m3.6 m3.9 m2.8 m(711.2 k)

Dividends Paid

60 k184 k340 k780 k141 k227.9 k246.5 k755.8 k

Cash From Financing Activities

171.5 k(1.6 m)(783.8 k)1 m(1.2 m)(660.8 k)4.7 m332.5 k(190.4 k)478.9 k
GBPY, 2017


263.6 k


0.3 x


0.1 x

Financial Leverage

2.9 x
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