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Advance Joinery Group Ltd

02998505

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

OLD BRICKYARD, HEREFORD, HR2 0DJ
Incorporated 06/12/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
47789
Other retail sale of new goods in specialised stores

Officers

Mr Jack Alexander Alfred Evans

director · Since 14/10/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Spokeshave Holdings Ltd

50–75% shares
50–75% votes
Appoint directors

Overton Farmhouse, Brampton Abbotts, Ross-On-Wye, HR9 7JG

Reg: 14179598 · Companies House · Private Limited Company

Notified 14/10/2022

Former PSCs

Mr Andrew Angus Buchanan

Ceased 14/10/2022

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/09/2006Registered 19/09/2006Satisfied 07/07/2022
charge
satisfied

BARCLAYS BANK PLC

Created 08/06/1995Registered 27/06/1995Satisfied 27/03/2007

CompanyRankvs 2825+ SIC 16230 peers
47

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£292k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£780k

Working capital

Current Assets

£762k

Current Liabilities

£1.5M

Fixed Assets

£795k

Debtors

£412k

67avg. employees+16

Balance Sheet

Intangible assets£144k
Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£414k
20230.88-£773k
20221.83-£118k
20211.94+£91k
20202.37-£93k
20192.31+£115k
20182.03

Derived from filed accounts. Not audited figures.