ACS Clothing

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.
Company Growth (employees)
Type
Private
HQ
Glasgow, GB
Founded
1997
Size (employees)
34 (est)+7%
ACS Clothing was founded in 1997 and is headquartered in Glasgow, GB

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

ACS Clothing Metrics

Summary Metrics

Founding Date

1997

Total Funding

$26.2 m

Latest funding size

$13.4 m

Time since last funding

over 1 year

Investors

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 Financial Metrics

Revenue (2016)

£9.3 m

Revenue growth (2015-16), %

(12%)

Gross profit

£7.3 m

Gross profit margin (2016), %

78%

Net income (2016)

(£371.3 k)

Cash (31-May-2016)

£2.4 m
ACS Clothing's revenue was reported to be £9.3 m in FY, 2016 which is a 12% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

£11.6 m£10.7 m£10.6 m£9.3 m

Revenue growth, %

(8%)(1%)(12%)

Cost of goods sold

£2.9 m£2.2 m£2.2 m£2.1 m

Gross profit

£8.7 m£8.5 m£8.4 m£7.3 m

Gross profit Margin, %

75%80%79%78%

Operating expense total

£6.1 m£6.7 m£6.5 m£7.1 m

Pre tax profit

£1.5 m£1.1 m(£569.3 k)

Net Income

£1.5 m£1.1 m(£371.3 k)
FY, 2014FY, 2015FY, 2016

Cash

£165.4 k£1.3 m£2.4 m

Accounts Receivable

£1.5 m£1.6 m£1.2 m

Current Assets

£3.9 m£6.1 m£6.4 m

PP&E

£16.9 m£18.2 m£15.9 m

Goodwill

£243.2 k£216.3 k£189.3 k

Total Assets

£21 m£24.6 m£22.5 m

Accounts Payable

£1.9 m£3.6 m£2.7 m

Current Liabilities

£4.8 m£7.3 m£5.7 m

Retained Earnings

£736.3 k£1.1 m(£371.3 k)

Total Equity

£7.3 m£7.9 m£7.5 m

Financial Leverage

2.9 x3.1 x3 x
FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

£3.6 m£3.9 m£2.8 m

Cash From Financing Activities

£4.7 m£332.5 k(£190.4 k)

Income Taxes Paid

£4.3 k£31.3 k£198 k

ACS Clothing Company Life

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