Compliance3 Limited
09074244
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/06/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 3 other boards
director · Since 24/10/2014
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 8 other boards
Persons with Significant Control
Mr David Simmonds Franks
British · England · Age 79
7, Bell Yard, London, WC2A 2JR
Notified 01/06/2016
Mr John Briggs Greenwood
British · United Kingdom · Age 66
7, Bell Yard, London, WC2A 2JR
Notified 01/06/2016
Charges1 outstanding
FRANKS ADVANCES LIMITED
CompanyRankvs 123630+ SIC 63990 peers31
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£232k
Balance sheet strength
Cash
£638
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£25k
Current Liabilities
£80k
Fixed Assets
£913
Debtors
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.32 | +£75k |
| 2023 | — | +£3k |
| 2022 | 0.22 | -£49k |
| 2021 | 0.58 | +£25k |
| 2020 | 0.33 | -£22k |
| 2019 | 0.17 | -£10k |
Derived from filed accounts. Not audited figures.