Advance Joinery Group Ltd
02998505
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/10/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 3 other boards
Persons with Significant Control
Spokeshave Holdings Ltd
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
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CompanyRankvs 2825+ SIC 16230 peers47
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.49 | -£414k |
| 2023 | 0.88 | -£773k |
| 2022 | 1.83 | -£118k |
| 2021 | 1.94 | +£91k |
| 2020 | 2.37 | -£93k |
| 2019 | 2.31 | +£115k |
| 2018 | 2.03 | — |
Derived from filed accounts. Not audited figures.