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Advance Platform Ltd

11102684

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

NO 1 BATH QUAYS, BATH, BA2 3GZ
Incorporated 08/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Ian Timothy Fowler

director · Since 14/06/2018

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 13 other boards

Mrs Samantha Hay

director · Since 17/03/2021

HEAD OF OPERATIONS

BRITISH · ENGLAND · Age 36

Mr Richard John Armstrong

director · Since 21/02/2025

HEAD OF RISK AND COMPLIANCE

BRITISH · ENGLAND · Age 55

Also on 11 other boards

Persons with Significant Control

Fts Venus Ltd

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

No 1 Bath Quays, 1 Foundry Lane, Bath, BA2 3GZ

Reg: 07147142 · Companies House · Limited Company

Notified 17/12/2017

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/03/2021Registered 26/03/2021Satisfied 08/04/2024

CompanyRankvs 5371+ SIC 64999 peers
60

Financial strength95th percentile among SIC peers · 24/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 14.19× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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5371Advance Platform Ltd
69
How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£721k

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.2M

Current Liabilities

£85k

Debtors

£1.1M

Gross Profit

£721k

Admin Expenses

£88k

Operating Profit

£633k

Profit After Tax

£531k

0avg. employees

Tax at Year End

Corp tax£76k
Dividends paid-£700k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
202514.19

Derived from filed accounts. Not audited figures.