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Worldadvance Limited

05719819

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

COAST, 84, EASTBOURNE, BN22 7AE
Incorporated 23/02/2006

Compliance

Last accounts

28/02/2025

dormant

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Sheldon Henry Board

director · Since 13/03/2006

BUSINESSMAN

BRITISH · ENGLAND · Age 67

Hong Zhang

secretary · Since 05/12/2016

Persons with Significant Control

Hong Zhang

50–75% shares
50–75% votes
Appoint directors

Chinese · England · Age 55

Coast, 84, Royal Parade, Eastbourne, BN22 7AE

Notified 05/12/2016

Mr Sheldon Henry Board

25–50% shares
25–50% votes

British · England · Age 67

Coast, 84, Royal Parade, Eastbourne, BN22 7AE

Notified 05/12/2016

CompanyRankvs 7998+ SIC 55100 peers
37

Financial strength20th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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7998Worldadvance Limited
37
How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 28/02/2025

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£2k

Current Liabilities

£10k

Balance Sheet

Total assets£2k

EstimatesDerived

YearCurrent Ratio
20250.21
20240.95
20232.47

Derived from filed accounts. Not audited figures.