ACO TECHNOLOGIES PLC

1. ACO TECHNOLOGIES PLC 1993-08-31 → present
2. ACO POLYMER PRODUCTS LIMITED 1984-10-10 → 1993-08-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the Group's ability to continue in operational existence for the foreseeable future and for at least one year from the date of these financial statements. Forecasts and projections based on the approved budget and a further outlook were used as the basis for the going concern modelling. Geo-political uncertainty affecting the world economy has been factored into determining impacts on supply chains, inflation, and market stability. Business resilience stress tests were undertaken to determine multiple revenue scenarios for 2025 and beyond, including a possible worst-case outcome commencing from February 2025 onwards. These Group forecasts and projections indicate that the Group can generate sufficient liquidity to continue in operational existence for the foreseeable future. In 2024 the Group did not utilise any of the available treasury and funding facilities. At the Balance sheet date, the Group had no borrowings and a healthy bank balance. The liquidity position has remained strong since the year end and the directors consider that the present position coupled with available facilities offer sufficient headroom to cover the cash flow risks from considered possible future uncertainties. For these reasons, we continue to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. ACO TECHNOLOGIES PLC · parent
   1. ACO Drain Limited 100% · UK · Dormant entity
   2. ACO Limited 100% · UK · Dormant entity
   3. ACO Polymer Products Limited 100% · UK · Dormant entity
   4. ACO Wildlife Limited 100% · UK · Dormant entity
   5. ACO International Limited 100% · UK · Dormant entity
   6. Polyline Drainage Systems Limited 100% · UK · Dormant entity

Significant events

• “Last year saw a degree of consolidation within distribution channels for construction products. This consolidation included both divestment and acquisition within traditional merchanting, whilst online routes to market became increasingly established.”
• “The shortened lead time demands experienced throughout 2023, as anticipated, continued through 2024.”
• “During 2024 an Employee Focus Group was created with voluntary representation from different areas of the business, seeking feedback on all aspects of working at ACO and to act as ambassadors for employee experience within the business.”
• “The Group celebrated its 40th Birthday with an event held at its Head Office. Customers, suppliers, employees, and local dignitaries attended.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.8%

  £84,270,000 → £85,777,000

• Cash

  +20.1%

  £5,517,000 → £6,625,000

• Net assets

  +12.9%

  £38,826,000 → £43,850,000

• Employees

  -1%

  288 → 285

• Operating profit

  +5.1%

  £9,033,000 → £9,493,000

• Profit before tax

  +6.2%

  £9,137,000 → £9,705,000

• Wages

  +2.8%

  £13,515,000 → £13,896,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers