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Avantgarde (Uk) Limited

05856193

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

1 HARDMAN STREET, MANCHESTER, M3 3HF
Incorporated 23/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Amjad Khan

director · Since 28/08/2013

PROPOSED DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Mr Parvez Akhtar

director · Since 17/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Mr Ghazan Mahmood

director · Since 17/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Avantgarde Group Limited

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

1, Hardman Street, Manchester, M3 3HF

Reg: 09988146 · Avantgarde Group Limited · Limited Company

Notified 13/10/2017

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 29/04/2009Registered 01/05/2009Satisfied 14/09/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/11/2007Registered 11/12/2007Satisfied 10/01/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/08/2006Registered 12/08/2006Satisfied 10/01/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/08/2006Registered 11/08/2006Satisfied 14/09/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/07/2006Registered 01/08/2006Satisfied 23/05/2019

CompanyRankvs 22865+ SIC 68100 peers
54

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 28.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity20/20 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

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Revenue comprises sales of services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Reve

Key FinancialsYear ending 31/08/2024

Net Worth

-£773k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.2M

Current Liabilities

£41k

Debtors

£1k

3avg. employees

Tax at Year End(2022)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202428.45+£124k
202326.02-£152k
202268.39-£569k
202132.98+£25k
2020100.72+£79k
2019225.30+£34k
20189.63

Derived from filed accounts. Not audited figures.