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Avante It (Uk) Limited

06961873

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR SACKVILLE HOUSE, LONDON, EC3M 6BN
Incorporated 14/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Scott James Crawford

director · Since 14/07/2009

COMPANY DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 54

Ms Veronica Blanco

director · Since 11/12/2009

COMPANY DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 45

Also on 1 other board

Sheraz Bhatti

director · Since 11/01/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Scott James Crawford

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

Australian · Australia · Age 54

P.O. Box 1398, Double Bay, 1360

Notified 01/07/2017

CompanyRankvs 384+ SIC 62020 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 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.

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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£362k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.5M

Current Liabilities

£915k

Fixed Assets

£235k

Debtors

£2.2M

10avg. employees

Tax at Year End

Corp tax£233k

Balance Sheet

Intangible assets£44k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.78+£243k
20232.38+£401k
20221.74+£572k
20211.20

Derived from filed accounts. Not audited figures.