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Advanced Thinking Systems Ltd

02990563

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

100 NEST BUSINESS PARK, HAVANT, PO9 5TL
Incorporated 15/11/1994

Compliance

Last accounts

30/11/2024

small

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Michael John Howie

director · Since 15/11/1994

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Mr Spencer Boyd Bruce Clark

director · Since 01/12/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Craig Calvin Evans

director · Since 01/12/2020

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr David Bowden

director · Since 06/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Ats Media Group Limited

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

100 Nest Business Park, Martin Road, Havant, PO9 5TL

Reg: 14015369 · Register Of Companies For England And Wales · Private Limited Company

Notified 06/09/2022

Former PSCs

Mr Michael John Howie

Ceased 06/09/2022

Mrs Audrey Helen Howie

Ceased 06/09/2022

Charges2 outstanding

Charge
outstanding

MICHAEL JOHN HOWIE (AS SECURITY AGENT FOR THE NOTEHOLDERS, AS DEFINED IN THE INSTRUMENT)

Created 06/09/2022Registered 15/09/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/11/2015Registered 04/11/2015

CompanyRankvs 105+ SIC 62011 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.25× · 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.

Employees15/15 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 30/11/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£591k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.8M

Current Liabilities

£858k

Fixed Assets

£1.4M

Debtors

£2.1M

36avg. employees+1

Tax at Year End(2019)

Corp tax£13k
Dividends paid£120k

Balance Sheet

Intangible assets£325k
Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.25-£1.1M
20233.98+£1.0M
20223.24+£1.3M
20211.40+£634k
20201.05+£46k
20190.96+£433k
20181.53

Derived from filed accounts. Not audited figures.