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Advanta Loss Adjusters Limited

04800575

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WAKEFIELD HOUSE, LONDON, EC3N 4DJ
Incorporated 16/06/2003

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

66210
Risk and damage evaluation

Officers

Mr Gorka Viar

secretary · Since 16/06/2003

LOSS ADJUSTER

SPANISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Mr Gorka Viar

director · Since 16/06/2003

LOSS ADJUSTER

SPANISH · UNITED ARAB EMIRATES · Age 55

Also on 8 other boards

Persons with Significant Control

Mr Gorka Viar

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

Spanish · United Arab Emirates · Age 55

Born & Co., 1st Floor, Devonshire House, London, W1J 8AJ

Notified 28/12/2017

Former PSCs

Advanta Holdings Limited

Ceased 28/12/2017

Charges2 outstanding

charge
outstanding

COUTTS & COMPANY

Created 22/06/2010Registered 25/06/2010
charge
outstanding

CATLIN UNDERWRITING

Created 21/09/2007Registered 26/09/2007

CompanyRankvs 134+ SIC 66210 peers
49

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength24/25 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.

Liquidity0/20 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

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue. Our responsibilities and the responsibillities of the directors with respect to going concern are described in

Key FinancialsYear ending 31/12/2024

Turnover

£3.9M

Annual revenue

Net Worth

£658k

Balance sheet strength

Cash

£260k

Cash in the bank

Net Current Assets

£609k

Working capital

Current Assets

Current Liabilities

£6.8M

Fixed Assets

£74k

Debtors

£5.5M

Cost of Sales

£2.6M

Gross Profit

£1.3M

Admin Expenses

£1.3M

Operating Profit

-£81k

Profit After Tax

-£93k

24avg. employees+7

Tax at Year End(2020)

Corp tax£38k

People Costs

Wages & salaries£1.1M
NI contributions£153k

Balance Sheet

Assets less current liabilities£683k
Signed by G Viar

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£97k
20231.11-£272k
20201.31+£978k
20191.26+£0
20181.38

Derived from filed accounts. Not audited figures.