Ace Union Limited
The principal activity of ACE Union (Company) is the provision of e-money services, with a focus on products designed for individual customers, including digital wallets, prepaid cards, and financial management tools. In 2024, the Company has extended its product suite with the launch of cross-border payment solutions, enabling fast, secure, and competitively priced international money transfers. Plans are also in motion to introduce business accounts tailored to SMEs, supporting them with expense management, invoicing, and other integrated tools.
Revenue
£2k
No comparable prior period
Profit after tax
-£195k
Margin -10283.6%
Employees
2
– 0.0% vs prior ~12m period
Net assets
£312k
Total assets £561k
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | -£283k | 2 | £312k |
| 31 Dec 2023 | £2k | — | -£195k | 2 | £595k |
| 31 Dec 2022 | £0 | — | -£105k | 2 | £790k |
| 31 Mar 2022 | — | — | — | 0 | £896k |
| 31 Mar 2021 | — | — | — | 0 | £964k |
Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.
Latest available figures
Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £2k
- Gross profit
- -£34k
- Operating profit
- Not available
- Profit before tax
- -£195k
- Profit after tax
- -£195k
Balance sheet
- Total assets
- £561k
- Cash
- £431k
- Total liabilities
- £249k
- Net assets
- £312k
- Revenue per employee
- Not available
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