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Avrc Ltd

12256649

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

IRG CARDIFF, CARDIFF, CF11 8AT
Incorporated 11/10/2019

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Daniel James Lewis

director · Since 11/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Mr Joseph Alexander Moore

director · Since 11/10/2019

DIRECTOR

BRITISH · WALES · Age 43

Also on 3 other boards

Lee Martyn John Wallbank

director · Since 11/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Joseph Alexander Moore

25–50% shares
25–50% votes

British · Wales · Age 43

Irg Cardiff, Whittle Road, Cardiff, CF11 8AT

Notified 31/05/2023

Mr Daniel James Lewis

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Irg Cardiff, Whittle Road, Cardiff, CF11 8AT

Notified 31/05/2023

Mr Lee Martyn Wallbank

25–50% shares
25–50% votes

British · Wales · Age 41

Irg Cardiff, Whittle Road, Cardiff, CF11 8AT

Notified 31/05/2023

Former PSCs

Mr Philip James Dawson

Ceased 11/10/2019

Mr Daniel James Lewis

Ceased 11/10/2019

Lee Martyn John Wallbank

Ceased 11/10/2019

Charges2 outstanding

Charge
outstanding

TC SECURITY TRUSTEE LIMITED (AS SECURITY TRUSTEE)

Created 23/12/2021Registered 30/12/2021
Charge
outstanding

TC LOANS (CBILS) LIMITED AS SECURITY TRUSTEE

Created 30/03/2021Registered 09/04/2021
Charge
satisfied

ESF LOANS LIMITED (AS SECURITY TRUSTEE)

Created 31/01/2020Registered 07/02/2020Satisfied 29/02/2024

CompanyRankvs 45060+ SIC 64209 peers
13

Financial strength1th percentile among SIC peers · 0/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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

Key FinancialsYear ending 31/03/2025

Net Worth

-£3.4M

Balance sheet strength

Cash

£392k

Cash in the bank

Profit Before Tax

£637k

Bottom line earnings

Net Current Assets

-£6.1M

Working capital

Current Assets

£100k

Current Liabilities

£6.2M

Fixed Assets

£926k

Debtors

£1.5M

Cost of Sales

£10.1M

Admin Expenses

£5.6M

Profit After Tax

£599k

1avg. employees-2

Tax at Year End

Corp tax£25k

People Costs

Wages & salaries£4.8M

Balance Sheet

Intangible assets£2.7M
Bank loans & overdrafts£5.0M
Assets less current liabilities£3.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£585k
20240.11-£1.2M
2023-£2.5M

Derived from filed accounts. Not audited figures.