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Advanced Direct Mail Limited

04543543

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2 THE WASHINGTON CENTRE, NETHERTON, DUDLEY, DY2 9RE
Incorporated 24/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82920
Packaging activities

Officers

Mrs Jillian Mary Barratt

secretary · Since 05/02/2003

HOUSEWIFE

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Terence Ralph Barratt

director · Since 05/02/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 9 other boards

Persons with Significant Control

Advanced Direct Mail Holdings Limited

75–100% shares
75–100% votes

59-61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX

Reg: 10649756 · West Midlands · Limited Company

Notified 06/03/2017

Former PSCs

Mrs Jillian Mary Barratt

Ceased 06/03/2017

Mrs Julie Elizabeth Ray

Ceased 06/03/2017

Mr Terence Ralph Barratt

Ceased 06/03/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 25/10/2017Registered 10/11/2017
Charge
satisfied

HSBC BANK PLC

Created 28/02/2014Registered 04/03/2014Satisfied 26/01/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 22/03/2011Registered 24/03/2011Satisfied 26/01/2018
charge
satisfied

HSBC BANK PLC

Created 19/09/2003Registered 23/09/2003Satisfied 26/01/2018

CompanyRankvs 123+ SIC 82920 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

expectation that the company can meet its liabilities as they fall due and the Directors have therefore concluded that the Covid-19 pandemic does not create a material uncertainty in relation to going concern and as such have deemed it appropriate for the financial statements to be prepared on the going concern basis On behalf of the board Mr T R Barratt Director 26 February 2021 ADVANCED DIRECT M

Key FinancialsYear ending 28/02/2020

Turnover

£23.5M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£7.2M

Current Liabilities

£3.9M

Fixed Assets

£795k

Debtors

£5.7M

Cost of Sales

£20.1M

Gross Profit

£3.5M

Admin Expenses

£1.6M

Profit After Tax

£1.5M

32avg. employees

Tax at Year End

Corp tax£276k
Dividends paid£945k

People Costs

Wages & salaries£1.5M
NI contributions£67k

Balance Sheet

Assets less current liabilities£4.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20201.84

Derived from filed accounts. Not audited figures.