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Advance Spares Limited

02013999

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT 21 VAUXHALL INDUSTRIAL ESTATE, WREXHAM, LL14 6HA
Incorporated 25/04/1986

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

32990
Other manufacturing

Officers

Mr Thomas William David Wase

secretary · Since 18/04/1992

DIRECTOR

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mr Thomas William David Wase

director · Since 18/04/1992

DIRECTOR

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mr Adrian Valentine Tant

director · Since 13/02/2015

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr Thomas William David Wase

75–100% shares

British · England · Age 84

Kenly, Mousecroft Lane, Shrewsbury, SY3 9DU

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 19/12/2014Registered 23/12/2014
charge
outstanding

BARCLAYS BANK PLC

Created 15/07/1986Registered 29/07/1986
charge
outstanding

BARCLAYS BANK PLC

Created 12/05/1986Registered 27/05/1986

CompanyRankvs 454+ SIC 32990 peers
77

Financial strength98th percentile among SIC peers · 25/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 16.63× · 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.

Employees12/15 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 31/12/2025

Net Worth

£5.1M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£4.6M

Working capital

Current Assets

£4.9M

Current Liabilities

£293k

Fixed Assets

£535k

Debtors

£1.0M

9avg. employees

Tax at Year End(2024)

Corp tax£106k

Balance Sheet

Intangible assets£18k
Assets less current liabilities£5.1M
Signed by Mr Thomas Wase 24 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202516.63+£0
202516.63+£90k
202416.22+£291k
202313.35+£311k
202214.83+£384k
202112.25£638k

Derived from filed accounts. Not audited figures.