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Advance Drivers Limited

06898237

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CAVENDISH HOUSE, BIRMINGHAM, B2 5PP
Incorporated 07/05/2009

Compliance

Last accounts

31/05/2023

total exemption full

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 07/05/2024

Due 21/05/2025

Overdue

Industry

78200
Temporary employment agency activities

Officers

Ms Sheron Cummins

director · Since 07/05/2009

BUSINESS ADMINISTRATOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Ms Sheron Cummins

75–100% shares
75–100% votes
Appoint directors

British · England · Age 56

Unit 18, Gladiator Way, Rugby, CV21 1RX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

4SYTE LTD

Created 27/12/2024Registered 03/01/2025
Charge
outstanding

4SYTE LIMITED

Created 08/07/2024Registered 10/07/2024
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 25/01/2023Registered 01/02/2023Satisfied 10/07/2024
Charge
satisfied

SANTANDER UK PLC

Created 25/06/2018Registered 26/06/2018Satisfied 25/05/2023

Insolvency History1 case

creditors voluntary liquidation11/09/2024

Kirsty Swan (practitioner) · Conrad Alan Beighton (practitioner)

CompanyRankvs 15+ SIC 78200 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2023

Net Worth

£133k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.7M

Fixed Assets

£48k

Debtors

£1.7M

229avg. employees

Balance Sheet

Assets less current liabilities£133k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.05

Derived from filed accounts. Not audited figures.