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Advent Ductwork Systems Ltd

01458888

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

STATION HOUSE, EAST HORSLEY, KT24 6QX
Incorporated 02/11/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Peter John Smith

secretary · Since 30/08/1991

BRITISH · ENGLAND · Age 73

Also on 13 other boards

Mr Peter John Smith

director · Since 30/08/1991

VENTILATION ENGINEER

BRITISH · ENGLAND · Age 73

Also on 13 other boards

Mrs Cathryn Lee Smith

director · Since 12/05/1992

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Mr Adam John Smith

director · Since 24/02/2026

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Peter John Smith

75–100% shares
75–100% votes
Appoint directors

British · England · Age 73

Station House, Station Approach, East Horsley, KT24 6QX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 21/06/2021Registered 21/06/2021
charge
satisfied

LLOYDS BANK PLC

Created 12/03/1998Registered 18/03/1998Satisfied 15/06/2021
charge
satisfied

LLOYDS BANK PLC

Created 12/03/1998Registered 14/03/1998Satisfied 25/02/2026

CompanyRankvs 194+ SIC 71129 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£656k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.1M

Current Liabilities

£634k

Fixed Assets

£141k

Debtors

£1.5M

11avg. employees+1

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.38+£754k
20243.15+£292k
20232.69+£119k
20222.07-£336k
20213.14-£85k
20203.57+£4k
20193.45-£23k
20184.92

Derived from filed accounts. Not audited figures.