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Advance Change Ltd

06763266

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

73 DUNSTABLE ROAD, ST. ALBANS, AL3 7PP
Incorporated 02/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mrs Lucinda Mary Carney

director · Since 02/12/2008

OD CONSULTANT

BRITISH · ENGLAND · Age 54

Mr Christopher Jason Carney

director · Since 01/10/2009

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mr Christopher Jason Carney

secretary · Since 01/01/2015

Also on 2 other boards

Persons with Significant Control

Mrs Lucinda Carney

25–50% shares

British · United Kingdom · Age 54

73 Dunstable Road, Rebourn, AL3 7PP

Notified 06/04/2016

Mr Christopher Jason Carney

25–50% shares

British · England · Age 56

73, Dunstable Road, St. Albans, AL3 7PP

Notified 06/04/2016

Former PSCs

Mr Christopher Carney

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 19/09/2014Registered 19/09/2014

CompanyRankvs 5981+ SIC 70229 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£373k

Balance sheet strength

Cash

£202k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£272k

Current Liabilities

£195k

Fixed Assets

£359k

Debtors

£70k

13avg. employees+1

Tax at Year End(2023)

Corp tax£15k

Balance Sheet

Intangible assets£346k
Bank loans & overdrafts£48k
Assets less current liabilities£435k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.39-£109k
20231.99+£84k
20222.33+£54k
20212.06-£97k
20203.37-£46k
20192.21+£28k
20182.22

Derived from filed accounts. Not audited figures.