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The Ace Supply Company Limited
Company Information
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The Ace Supply Company Limited
Contents
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The Ace Supply Company Limited
Strategic Report
For the year ended 31 December 2025
The directors are pleased to present the Strategic Report for The Ace Supply Company Limited for the financial year ending 31 December 2025.
The Ace Supply Company Limited continues to be recognised as one of the UK’s leading distributors of automotive, caravan and leisure accessories. During 2025, the company maintained its focus on sustainable growth while continuing to develop both its traditional business-to-business activities and its direct-to-consumer channels. Management also continued to review the cost base and operational structure in order to support long-term competitiveness and efficiency.
Main Resources Streetwize operates with a lean but robust infrastructure built around a blend of internal capabilities and external partnerships. Our core resources include:
∙People: A skilled workforce across finance, operations, customer service, sales and digital marketing.
∙Technology: E-commerce and operational systems supporting both wholesale and direct-to-consumer sales channels, integrated with third-party logistics and customer relationship systems.
∙Inventory: A diversified product base primarily focused on travel, automotive and leisure accessories.
∙Brand & IP: The “Streetwize” brand remains a key intangible asset, alongside Leisurewize, Gardenwize and Emove and DMD Collective amongst other brands.
Sources of Value Value creation stems from:
∙Product Range: Offering value-driven, functional products aligned with seasonal and consumer travel trends.
∙Efficient Supply Chain: Sourcing from global manufacturers and reviewing opportunities to outsource selected activities overseas where this can deliver sustainable cost efficiencies without compromising quality or service.
∙Customer Relationships: Strong relationships across wholesale, retail and direct-to-consumer channels.
∙Market Responsiveness: Flexibility in product development, procurement and route-to-market to respond quickly to emerging trends and changing consumer behaviour.
Key Relationships
∙Suppliers: Longstanding partnerships with overseas manufacturers, primarily in Asia and Europe, together with selected outsourced service partners.
∙Distributors/Retailers: Relationships with independent, national and high street retailers, distributors and wholesalers, complemented by continued growth in direct-to-consumer channels.
∙Logistics Providers: Delivery partners support timely fulfilment across both B2B and B2C channels.
Markets Served Geographical Reach Streetwize serves primarily:
∙United Kingdom – Our largest market, accounting for the majority of sales.
∙Republic of Ireland & Western Europe – Via selected distributors and retailers.
∙Emerging Export Markets – Including selected opportunities for continued international growth.
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The Ace Supply Company Limited
Strategic Report (continued)
For the year ended 31 December 2025
Operational Overview
There have been no fundamental changes to the core operations of the business during the year, with our focus remaining aligned to delivering high-quality products and reliable service across all customer segments. During 2025, the company continued to expand within the B2C market, broadening its route-to-market and increasing its ability to reach consumers directly through online channels, within different, unrelated product categories.
The company also continued to review its operating model and cost base. As part of this, selected activities have been considered for overseas outsourcing where this can deliver cost efficiencies and improve scalability. These initiatives form part of a broader focus on maintaining competitiveness while preserving service standards and operational resilience.
Financial Performance For the year ended 31 December 2025, the Company achieved turnover of £14,176,894 (2024: £14,524,358). Gross profit margin strengthened to 32.7% (2024: 31.6%), reflecting continued focus on pricing, efficiency and cost management. Operating profit amounted to £453,666 (2024: £417,943). The improvement in operating profit reflects stable trading activity and gross margin performance, with lower administrative and distribution costs more than offsetting the impact of reduced turnover.
The Company continues to demonstrate a strong and stable financial position, with net current assets of £6,367,716 at 31 December 2025 (2024: £6,433,590). Working capital and liquidity continue to be actively managed, with particular focus on stock levels, customer collections and the effective use of invoice finance and other facilities.
Strategic Outlook Looking forward, the company’s strategy continues to prioritise profitable growth, scalability and improved service delivery. Continued expansion within B2C channels remains an important area of development, alongside the existing B2B customer base. The company will also continue to review opportunities to improve cost efficiency, including the selective use of overseas outsourcing where commercially appropriate, while maintaining appropriate oversight of quality, service and supply-chain resilience.
Price Risk
Market price fluctuations remain a challenge, especially where cost increases cannot immediately be passed on to customers due to existing agreements or competitive pressures. In such cases, margin pressures may be absorbed by the company. Management maintains close oversight of input costs, supplier terms and channel profitability, with pricing reviewed where appropriate to protect margin integrity. Foreign Currency Risk Risks faced by the company during the forthcoming year continue to include overseas purchases and exposure to foreign currency movements. Exchange rates are monitored closely by the Directors and, from time to time, the company enters into foreign exchange contracts to mitigate and manage currency fluctuations. Liquidity Risk Liquidity is managed through proactive financial planning and the use of appropriate funding mechanisms. The company maintains access to working capital through a combination of invoice discounting and other facilities, providing flexibility to meet operating requirements and strategic investment needs.
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The Ace Supply Company Limited
Strategic Report (continued)
For the year ended 31 December 2025
Credit Risk
The main credit risk lies with trade receivables. Customers granted credit terms are subject to credit checks and debtor accounts are monitored on an ongoing basis. Provisions for doubtful debts are made where appropriate to safeguard the company’s financial position. Interest Rate Risk The company’s financing mix includes retained earnings, cash resources and external borrowings. Exposure to changes in interest rates is monitored by management and is not currently considered to pose a material risk to the company’s operations. Financial key performance indicators The key financial metrics used to assess performance remain consistent and include the following draft figures, subject to confirmation against the final statutory accounts: 2025 2024 Turnover £14,176,894 £14,524,358
Gross profit £4,632,707 £4,589,669
Gross profit margin 32.7% 31.6%
These KPIs form the basis of our performance evaluation and support management decision-making and future investment.
This report was approved by the board and signed on its behalf.
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The Ace Supply Company Limited
Directors' Report
For the year ended 31 December 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £240,432 (2024: £197,480).
Ordinary dividends were paid to the parent company amounting to £343,042 (2024: £255,703). The directors do not recommend the payment of a final dividend.
The directors who served during the year were:
The company will continue to import and distribute motor vehicle, leisure and garden accessories and will seek opportunities to diversify though incremental growth opportunities.
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The Ace Supply Company Limited
Directors' Report (continued)
For the year ended 31 December 2025
There have been no significant events affecting the Company since year end.
The auditors, Hurst Accountants Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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The Ace Supply Company Limited
Independent Auditors' Report to the Members of The Ace Supply Company Limited
We have audited the financial statements of The Ace Supply Company Limited (the 'Company') for the year ended 31 December 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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The Ace Supply Company Limited
Independent Auditors' Report to the Members of The Ace Supply Company Limited (continued)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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The Ace Supply Company Limited
Independent Auditors' Report to the Members of The Ace Supply Company Limited (continued)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Identifying and assessing potential risks related to irregularities In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:
∙The nature of the industry and sector in which the company operates; the control environment and business performance including key drivers for directors' remuneration, bonus levels and performance targets.
∙The outcome of enquiries of local management and parent company management, including whether management was aware of any instances of non-compliance with laws and regulations, and whether management had knowledge of any actual, suspected, or alleged fraud.
∙Supporting documentation relating to the Company's policies and procedures for:
°Identifying, evaluating, and complying with laws and regulations
°Detecting and responding to the risks of fraud
∙The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
∙The outcome of discussions amongst the engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.
∙The legal and regulatory framework in which the Company operates, particularly those laws and regulations which have a direct effect on the financial statements, such as the Companies Act 2006, pensions and tax legislation, or which had a fundamental effect on the operations of the Company, including General Data Protection requirements and Anti-bribery and Corruption.
Audit response to risks identified
Our procedures to respond to the risks identified included the following:
∙Reviewing the financial statements disclosures and testing to supporting documentation to assess compliance with the provisions of those relevant laws and regulations which have a direct effect on the financial statements.
∙Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud.
∙Evaluation of the operating effectiveness of management’s controls designed to prevent and detect irregularities.
∙Enquiring of management about any actual and potential litigation and claims.
∙Performing analytical procedures to identify any unusual or unexpected relationships which may indicate risks of material misstatement due to fraud.
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The Ace Supply Company Limited
Independent Auditors' Report to the Members of The Ace Supply Company Limited (continued)
We have also considered the risk of fraud through management override of controls by:
∙Testing the appropriateness of journal entries and other adjustments.
∙Challenging assumptions made by management in their significant accounting estimates, and assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and
∙Evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members
and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
There are inherent limitations in the audit procedures described above, and the further removed non-compliance with laws
and regulations are from the events and transactions reflected in the financial statements, the less likely we would become
aware of them. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting
one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional
misrepresentations, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditors
3 Stockport Exchange
SK1 3GG
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The Ace Supply Company Limited
Statement of Comprehensive Income
For the year ended 31 December 2025
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The Ace Supply Company Limited
Registered number: 02075094
Balance Sheet
As at
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 13 to 31 form part of these financial statements.
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The Ace Supply Company Limited
Statement of Changes in Equity
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
The Ace Supply Company Limited (trading as Streetwize Accessories) is a private company limited by share capital incorporated in England & Wales, company number 02075094. The address of the registered office and the principal place of business is Suite Ga Marsland House, Marsland Road, Sale, M33 3AQ.
The nature of the company's operation and its principal activity is the wholesale trade of motor vehicle and leisure accessories.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of The Ace Supply Topco Limited as at 31 December 2025 and these financial statements may be obtained from Registrar of Companies.
Functional and presentation currency
Transactions and balances
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
Page 14
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
Page 15
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods indicated below.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Impairment of financial assets
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
2.Accounting policies (continued)
Provisions for slow moving and obsolete stock Management exercise judgement in estimating the obsolescence of stock and making impairments to reflect the difference between cost and estimated net realisable value. At the year end, the value of the stock is £4,838,796 (2024: £5,300,717) and provisions of £259,821 (2024: £355,087) had been recognised against stock.
The whole of the turnover is attributable to the wholesale of motor vehicle and leisure accessories.
Analysis of turnover by country of destination:
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
12.Taxation (continued)
There were no factors that may affect future tax charges.
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
14.Tangible fixed assets (continued)
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Capital redemption reserve
The nominal value of shares redeemed by the Company. Share premium The share premium account is an equity account that represents the additional amount shareholders paid for the issued shares that were in excess of the par value. Cashflow hedge reserve The cashflow hedge reserve includes all gains and losses made on forward contracts. Profit and loss account The profit and loss reserve includes all current and prior period retained profits and losses.
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £100,406 (2024: £370,203). Contributions totalling £11,162 (2024: £294,189) were payable to the fund at the balance sheet date and are included in creditors.
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Included within other debtors within one year, is a loan due from one of the directors, amounting to £Nil (2024: £246).
Included within other creditors within one year, the Company has loans owed to two directors, amounting to £62,870 (2024: £17,434). The loans are interest free and there is no scheduled repayment date.
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The Ace Supply Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
The Ace Supply Topco Limited, a company registered in England and Wales, registered number 14930182, is the ultimate parent company and the parent of the largest group for which consolidated group accounts are prepared. There is no ultimate controlling party of The Ace Supply Topco Limited. The registered address of The Ace Supply Topco Limited is Suite Ga Marsland House, Marsland Road, Sale, M33 3AQ.
The consolidated financial statements of The Ace Supply Topco Limited are available to the public and may be obtained from the Registrar of Companies, Companies House, Crown Way, Cardiff, C14 3UZ. The company's immediate parent company is The Ace Supply Holding Company, a company registered in England and Wales, company number 10287536.
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