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Advance Pm Ltd

10623644

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

Details

170A-172 HIGH STREET, RAYLEIGH, SS6 7BS
Incorporated 16/02/2017

Compliance

Last accounts

29/02/2024

total exemption full

Next accounts due

30/11/2025

Overdue

Confirmation statement

Last: 15/12/2024

Due 29/12/2025

Overdue

Industry

43390
Other building completion and finishing

Officers

Mr Darrell Ashley Cortail Privett

director · Since 16/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Paul Carman

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Darell Privett

25–50% shares
25–50% votes

British · United Kingdom · Age 44

31 Grange Court, Upper Park, Loughton, IG10 4QY

Notified 16/02/2017

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 31/01/2018Registered 31/01/2018Satisfied 02/07/2025

Insolvency History1 case

creditors voluntary liquidation04/09/2025

David Farmer (practitioner) · Lloyd Christopher Biscoe (practitioner)

CompanyRankvs 15+ SIC 43390 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency 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.

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 29/02/2024

Net Worth

£209k

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£343k

Working capital

Current Assets

£2.6M

Current Liabilities

£2.2M

Fixed Assets

£171k

Debtors

£1.7M

8avg. employees

Balance Sheet

Assets less current liabilities£514k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15-£14k
20231.14—

Derived from filed accounts. Not audited figures.