Advante Limited
00653012
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/10/2022
director · Since 11/10/2022
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 15 other boards
Persons with Significant Control
Algeco Uk Holdings Limited
Manor Drive, Peterborough, Cambridgeshire, PE4 7AP
Reg: 06344129 · England And Wales · Private Limited Comapny
Notified 17/12/2020
Former PSCs
Gee Group Ltd
Ceased 17/12/2020
Charges0 outstanding
BANK OF AMERICA, N.A. (AS SECURITY AGENT)
U.S. BANK TRUSTEES LIMITED (AS SECURITY AGENT)
LLOYDS BANK PLC
LLOYDS BANK PLC
LOMBARD NORTH CENTRAL PLC
BARCLAYS BANK PLC
BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK LIMITED
CompanyRankvs 885+ SIC 77390 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£16.9M
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
£525k
Cash in the bank
Profit Before Tax
£5.5M
Bottom line earnings
Net Current Assets
£16.0M
Working capital
Current Assets
£18.9M
Current Liabilities
£2.9M
Fixed Assets
£7.6M
Debtors
£17.8M
Cost of Sales
£8.6M
Gross Profit
£8.3M
Admin Expenses
£3.5M
Operating Profit
£4.7M
Profit After Tax
£5.5M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 6.44 |
| 2023 | 4.27 |
| 2022 | 3.03 |
| 2021 | 2.69 |
Derived from filed accounts. Not audited figures.