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Avantgarde Building Contracts Ltd

10908258

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 HARDMAN STREET, MANCHESTER, M3 3HF
Incorporated 09/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Amjad Khan

director · Since 09/08/2017

NONE

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Mr Parvez Akhtar

director · Since 17/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Mr Ghazan Mahmood

director · Since 17/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Mr Parvez Akhtar

25–50% shares
25–50% votes

British · England · Age 53

1, Hardman Street, Manchester, M3 3HF

Notified 09/08/2017

Mr Amjad Khan

25–50% shares
25–50% votes

British · United Kingdom · Age 53

1, Hardman Street, Manchester, M3 3HF

Notified 09/08/2017

Mr Ghazan Mahmood

25–50% shares
25–50% votes

British · England · Age 52

1, Hardman Street, Manchester, M3 3HF

Notified 09/08/2017

CompanyRankvs 57102+ SIC 41100 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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57102Avantgarde Building Contracts Ltd
38
How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net current liabilities of and net liabilities of at the balance sheet date. In order to continue to trade the company is reliant upon the support of its Directors and Shareho

Key FinancialsYear ending 31/08/2024

Net Worth

-£59k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£30k

Current Liabilities

—

Fixed Assets

£2k

Debtors

£28k

3avg. employees

Tax at Year End(2020)

Corp tax£0

Balance Sheet

Assets less current liabilities-£58k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£5k
20230.38-£11k
20220.49-£6k
20210.52-£3k
20200.25-£31k
20190.49-£13k
20181.01—

Derived from filed accounts. Not audited figures.