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Advanex Ltd

10852021

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2.15 UNIVERSAL SQUARE, MANCHESTER, M12 6JH
Incorporated 05/07/2017

Compliance

Last accounts

31/03/2026

micro entity

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
61200
Wireless telecommunications activities

Officers

Mr Asif Hussain

director · Since 04/02/2020

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Asif Hussain

75–100% shares

British · United Kingdom · Age 35

2.15 Universal Square, Devonshire Street North, Manchester, M12 6JH

Notified 04/02/2020

Former PSCs

Mr Andrew Ruddiforth

Ceased 08/05/2019

Mr Abdul Hassan Khadra

Ceased 04/02/2020

CompanyRankvs 1409+ SIC 46520 peers
61

Financial strength68th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 4.49× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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1409Advanex Ltd
60
How is this score calculated?
Financial strength17/25 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.

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.

Longevity9/15 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 31/03/2026

Net Worth

£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£300k

Working capital

Current Assets

£386k

Current Liabilities

£86k

Fixed Assets

£350

Balance Sheet

Assets less current liabilities£300k
Signed by Mr Asif HUSSAIN 04/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20264.49-£44k
2025266.59+£6k
2024331.61+£8k
202311.99+£28k
20223.43+£21k
20211.02—
2020Infinity—

Derived from filed accounts. Not audited figures.