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Advait (Management) Ltd

05392017

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SATTAVIS PATIDAR CENTRE, WEMBLEY, HA9 9PE
Incorporated 14/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Harshad Chhaganbhai Patel

director · Since 01/01/2011

BUILDING CONTRACTOR

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mr Mukesh Raojibhai Patel

director · Since 01/01/2011

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 21 other boards

Mr Dharmesh Mahenhdrabhai Patel

director · Since 02/03/2012

SELF EMPLOYED

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Vijay Indukumar Patel

director · Since 15/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 14 other boards

Mr Praful Babubhai Patel

director · Since 27/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Praful Babubhai Patel

25–50% shares

British · England · Age 77

Sattavis Patidar Centre, Forty Avenue J/W The Avenue, Wembley, HA9 9PE

Notified 06/04/2016

Mr Mukesh Raojibhai Patel

25–50% shares

British · England · Age 71

Sattavis Patidar Centre, Forty Avenue J/W The Avenue, Wembley, HA9 9PE

Notified 06/04/2016

CompanyRankvs 4753+ SIC 94990 peers
51

Financial strength3th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4753Advait (Management) Ltd
47
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£143k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

-£194k

Working capital

Current Assets

£256k

Current Liabilities

£450k

Fixed Assets

£87k

Debtors

£178k

7avg. employees+3

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities-£107k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57+£45k
20240.35+£18k
20230.58+£41k
20220.45-£20k
20210.50-£133k
20200.56+£4k
20190.55+£4k
20180.65—

Derived from filed accounts. Not audited figures.