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Avocor Limited

03974449

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ARENA BUSINESS CENTRE RIVERSIDE WAY, CAMBERLEY, GU15 3YL
Incorporated 17/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Lai Wo Nip

director · Since 03/09/2024

PRESIDENT OF AUO DISPLAY PLUS AMERICA CO

AMERICAN · UNITED STATES · Age 60

Also on 4 other boards

Mr Lai Wo Nip

secretary · Since 01/09/2025

Also on 4 other boards

Persons with Significant Control

Former PSCs

Mr Nigel Frederick Steljes

Ceased 06/08/2019

Mrs Carol Ann Steljes

Ceased 06/08/2019

Scott Hix

Ceased 31/03/2023

Charges0 outstanding

Charge
satisfied

BEEDIE INVESTMENTS LTD.

Created 28/07/2021Registered 30/07/2021Satisfied 06/09/2024
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 17/08/2016Registered 24/08/2016Satisfied 10/09/2021

CompanyRankvs 56528+ SIC 96090 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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56528Avocor Limited
47
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.

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Statements for the Year Ended 31 December 2022 Audit Report The Independent Auditor's Report was unqualified. The audit report included the following paragraph; Material uncertainty related to going concern We draw attention to pages 8, 9 and Note 2 in the financial statements, which indicate that the company incurred a net loss of £2,140,274 during the year ended 31 December 2022 and, as o

Key FinancialsYear ending 31/12/2022

Net Worth

-£3.9M

Balance sheet strength

Cash

£346k

Cash in the bank

Net Current Assets

-£4.7M

Working capital

Current Assets

£6.2M

Current Liabilities

£11.0M

Fixed Assets

£802k

Debtors

£1.9M

15avg. employees-3

Balance Sheet

Intangible assets£791k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.57-£945k
20190.41-£1.3M
20180.63—

Derived from filed accounts. Not audited figures.