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Advance Wealth Limited

06765526

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE MISE CENTRE, BROOMFIELD PLACE, CHELMSFORD, CM1 7EQ
Incorporated 04/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Chris Jon Clark

director · Since 04/12/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Mrs Joanna Elizabeth Clark

secretary · Since 25/08/2010

Charles Robert Medwin

director · Since 02/04/2019

CONSULTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Persons with Significant Control

Chris Jon Clark

50–75% shares
50–75% votes

British · United Kingdom · Age 47

Glenmore, The Tye, East Hanningfield, CM3 8AE

Notified 01/07/2016

Mrs Joanna Elizabeth Clark

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Glenmore, The Tye, East Hanningfield, CM3 8UZ

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 17/04/2020Registered 22/04/2020
charge
satisfied

BARCLAYS BANK PLC

Created 13/11/2012Registered 21/11/2012Satisfied 03/07/2017
charge
satisfied

BARCLAYS BANK PLC

Created 28/08/2012Registered 06/09/2012Satisfied 03/07/2017

CompanyRankvs 16137+ SIC 82990 peers
66

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.33× · 20/20
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.

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£190k

Cash in the bank

Net Current Assets

£491k

Working capital

Current Assets

£859k

Current Liabilities

£368k

Fixed Assets

£1.0M

Debtors

£341k

0avg. employees-21

Tax at Year End

Corp tax£154k

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.33-£79k
20242.28+£568k
20232.63+£372k
20223.07-£421k
20213.54+£44k
20207.23+£288k
20193.99+£86k
20183.67

Derived from filed accounts. Not audited figures.