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Advion Ltd

04314598

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)
  • Current liabilities exceed current assets (-10)

Details

3RD FLOOR - CONNEXIONS, IPSWICH, IP1 1QJ
Incorporated 31/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Advion Inc

director · Since 31/10/2001

BRITISH

Mr Wei Xiong

director · Since 05/09/2025

COMPANY EXECUTIVE OFFICER

CHINESE · UNITED STATES · Age 43

Persons with Significant Control

Advion Inc

75–100% shares
75–100% votes

61, Brown Road, Ithaca, NY14850

Reg: 5303395 · Delaware · Incorporated Company

Notified 06/04/2016

Former PSCs

Mr Mark Haydn Allen

Ceased 01/01/2022

Mr Joseph Kiely

Ceased 13/10/2017

Mr David Blair Patteson

Ceased 30/06/2021

CompanyRankvs 88+ SIC 26512 peers
83

Financial strength87th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.11× · 20/20
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 strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.0M

Current Liabilities

£955k

Fixed Assets

£31k

Debtors

£1.8M

5avg. employees-1

Tax at Year End

Corp tax£20k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11-£43k
20232.32+£23k
20222.58+£120k
20212.49

Derived from filed accounts. Not audited figures.