Avertec Limited
06359178
Details
Compliance
Last accounts
31/03/2022
small
Next accounts due
31/03/2024
Confirmation statement
Last: 03/09/2023
Due 17/09/2024
Industry
Officers
director · Since 30/06/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 7 other boards
Persons with Significant Control
The Avertec Group Limited
80 Islington High Street, London, N1 8EQ
Reg: 10034084 · N/A · Limited Company
Notified 06/04/2016
Mr Mohammad Menair
British · United Kingdom · Age 57
1st & 2nd Floor, 80 Islington High Street, London, N1 8EQ
Notified 06/04/2016
Former PSCs
Unique Group Limited
Ceased 06/04/2016
Charges1 outstanding
HSBC BANK PLC
HSBC BANK PLC
Insolvency History2 cases
Deviesh R Raikundalia (practitioner) · Tyrone Courtman (practitioner)
Tyrone Courtman (practitioner) · Deviesh R Raikundalia (practitioner) · The Official Receiver Or Cardiff (practitioner) · James Woodhead (practitioner)
CompanyRankvs 15+ SIC 47421 peers22
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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
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2022
Net Worth
£476k
Balance sheet strength
Cash
£1.6M
Cash in the bank
Net Current Assets
£560k
Working capital
Current Assets
£3.0M
Current Liabilities
£2.5M
Fixed Assets
£55k
Debtors
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.23 | -£32k |
| 2021 | 1.36 | — |
Derived from filed accounts. Not audited figures.