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Advanced Recovery Systems Ltd

11693525

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 18 HORHAM BUSINESS PARK, EYE, IP21 5DQ
Incorporated 23/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Kenneth Hylton Jones

director · Since 23/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 2 other boards

Mr Mark James Stead

director · Since 23/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mr David Ian Watkins

director · Since 23/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Kenneth Hylton Jones

25–50% shares

British · England · Age 81

The Green Building, Horham Business Park, Eye, IP21 5DQ

Notified 23/11/2018

Mr Mark James Stead

25–50% shares

British · United Kingdom · Age 46

The Green Building, Horham Business Park, Eye, IP21 5DQ

Notified 23/11/2018

Mr David Ian Watkins

25–50% shares

British · United Kingdom · Age 56

The Green Building, Horham Business Park, Eye, IP21 5DQ

Notified 23/11/2018

CompanyRankvs 1887+ SIC 25110 peers
56

Financial strength21th percentile among SIC peers · 5/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.22× · 20/20
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 strength5/25 pts

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

Employees8/15 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.

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 31/12/2023

Net Worth

£90

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£14k

Current Liabilities

£5k

Debtors

£6k

3avg. employees

Tax at Year End(2021)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20233.22
20222.96
20218.88

Derived from filed accounts. Not audited figures.