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Advance Software Limited

03970355

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

OFFICE 1 UNIT 123, GATESHEAD, NE11 0JH
Incorporated 11/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Stephen John Henry Williams

director · Since 23/05/2000

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Stephen John Henry Williams

secretary · Since 06/05/2003

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Stephen John Henry Williams

75–100% shares

British · England · Age 54

17, Main Street, Newcastle Upon Tyne, NE20 9NH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 27/08/2002Registered 06/09/2002

CompanyRankvs 4406+ SIC 72190 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength3/25 pts

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

Employees7/15 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.

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 30/04/2025

Net Worth

-£26k

Balance sheet strength

Cash

£349

Cash in the bank

Profit Before Tax

-£7k

Bottom line earnings

Net Current Assets

-£7k

Working capital

Current Assets

£349

Current Liabilities

£7k

Debtors

£126

Gross Profit

-£9k

Admin Expenses

£2k

Operating Profit

-£11k

Profit After Tax

-£7k

1avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by 1.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£1k
20240.00+£724
20230.03—

Derived from filed accounts. Not audited figures.