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Advance Optics Limited

11111137

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

COURTYARD MEWS PICCADILLY PLACE, BATH, BA1 6PL
Incorporated 14/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Benjamin Gerard Cundy

director · Since 14/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Mr Hugo Cundy

director · Since 14/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Mr Hugo Cundy

25–50% shares
25–50% votes
significant-influence-or-control-as-firm

British · United Kingdom · Age 31

Courtyard Mews, Piccadilly Place, Bath, BA1 6PL

Notified 14/12/2017

Former PSCs

Mr Benjamin Gerard Cundy

Ceased 01/01/2023

CompanyRankvs 1572+ SIC 46520 peers
61

Financial strength77th percentile among SIC peers · 19/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/12/2024

Net Worth

£79k

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£195k

Current Liabilities

£125k

Fixed Assets

£12k

Debtors

£58k

0avg. employees

Tax at Year End

VAT£8k

Balance Sheet

Assets less current liabilities£81k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.56-£59k£154k
20232.51-£17k£338k
20221.52-£18k
20211.63+£52k£314k
20202.33£188k

Derived from filed accounts. Not audited figures.