Advance Renovations Limited
10528072
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/12/2016
director · Since 15/12/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 15/12/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 1 other board
Persons with Significant Control
Mr Dermott Martin Horrigan
British · England · Age 64
Ground Floor, Units 6 & 7, Eastway Business Village, Preston, PR2 9WT
Notified 15/12/2016
Mrs Linda Horrigan
British · England · Age 64
16, Preston Road, Preston, PR3 3XL
Notified 15/12/2016
CompanyRankvs 65222+ SIC 68100 peers49
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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.
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
-£17k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£12k
Working capital
Current Assets
£170k
Current Liabilities
£159k
Fixed Assets
£854
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.07 | — |
| 2023 | 1.20 | — |
| 2022 | 1.33 | +£3k |
| 2021 | 1.30 | -£15k |
| 2020 | 1.36 | — |
| 2019 | 1.03 | — |
| 2018 | 1.00 | — |
Derived from filed accounts. Not audited figures.