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Advanced Software Ltd

04068598

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 27 SHERWOOD NETWORK CENTRE, NEWARK, NG22 9FD
Incorporated 08/09/2000

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 29/10/2025

Due 12/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Neil Campbell

director · Since 01/06/2009

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Persons with Significant Control

Advanced Software Group Limited

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

Navigation Business Centre, Mill Gate, Notts, NG24 4TS

Reg: 10660923 · Companies House · Limited

Notified 01/10/2018

Former PSCs

Mr Neil Campbell

Ceased 28/09/2018

Brs International Ltd

Ceased 01/10/2018

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 23/01/2020Registered 23/01/2020
Charge
outstanding

LLOYDS BANK PLC

Created 06/01/2020Registered 06/01/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/08/2004Registered 01/09/2004

CompanyRankvs 5720+ SIC 62012 peers
69

Financial strength79th percentile among SIC peers · 20/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.86× · 16/20
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 strength20/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/07/2025

Net Worth

£40k

Balance sheet strength

Cash

£106k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£148k

Current Liabilities

£79k

Fixed Assets

£7k

Debtors

£42k

3avg. employees+1

Balance Sheet

Bank loans & overdrafts£35k
Assets less current liabilities£75k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.86+£21k
20243.38
20231.93
20225.98+£11k
20218.35-£18k
20204.51+£13k
20195.68

Derived from filed accounts. Not audited figures.