Advance Innovation Limited
05774817
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/04/2006
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 6 other boards
director · Since 10/04/2006
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 17 other boards
director · Since 01/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 3 other boards
Mr Luke Charles Boxall
director · Since 04/08/2026
BRITISH · UNITED KINGDOM · Age 38
Persons with Significant Control
Mr Stephen William Coates
British · England · Age 72
Duck End, Silver Road, Stevington, MK43 7QW
Notified 06/04/2016
Mrs Felicity Jane Coates
British · United Kingdom · Age 67
Duck End, Silver Road, Stevington, MK43 7QW
Notified 06/04/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 328+ SIC 33120 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have 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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 30/09/2025
Net Worth
£1.6M
Balance sheet strength
Cash
£83k
Cash in the bank
Profit Before Tax
-£1.5M
Bottom line earnings
Net Current Assets
£438k
Working capital
Current Assets
£6.8M
Current Liabilities
£6.4M
Fixed Assets
£1.2M
Debtors
£5.7M
Cost of Sales
£19.7M
Admin Expenses
£5.8M
Profit After Tax
-£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.07 | -£1.6M |
| 2024 | 1.31 | — |
Derived from filed accounts. Not audited figures.