Back to search

Addvantage Technologies Ltd

10592069

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

Details

THE OLD TOWN HALL, RINGWOOD, BH24 1DH
Incorporated 31/01/2017

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 19/06/2024

Due 03/07/2025

Overdue

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
70229
Management consultancy activities

Officers

Dr Suhel Ismail Ahmed

director · Since 31/01/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Persons with Significant Control

Suhel Ahmed

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

British · United Kingdom · Age 47

7, Wendover Drive, Ladybridge, Bolton, BL3 4RX

Notified 31/01/2017

Insolvency History1 case

creditors voluntary liquidation15/11/2024

Tauseef Ahmed Rashid (practitioner) · Rehan Ahmed (practitioner) · David Patrick Meany (practitioner)

CompanyRankvs 15+ SIC 62012 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
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.

Longevity10/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£190k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£104k

Current Liabilities

£97k

Fixed Assets

£1.0M

Debtors

£89k

9avg. employees

Balance Sheet

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

EstimatesDerived

YearCurrent Ratio
20231.08

Derived from filed accounts. Not audited figures.