Back to search

Advanco Software Limited

12527535

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 20/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Alan Chan

director · Since 20/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr Robert Littlewood

director · Since 20/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 9 other boards

Persons with Significant Control

Advanco Holdings Limited

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

C/O Parabellum Investments,, 125 Old Broad Street, London, EC2N 1AR

Reg: 12514430 · Uk Register Of Companies · Private Company Limited By Shares

Notified 20/03/2020

CompanyRankvs 41209+ SIC 62012 peers
39

Financial strength37th percentile among SIC peers · 9/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength9/25 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.

Liquidity6/20 pts

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

Longevity6/15 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

£100

Balance sheet strength

Cash

£807

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.3M

Fixed Assets

£2k

Debtors

£1.2M

0avg. employees

Balance Sheet

Assets less current liabilities-£106k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.92
20210.82

Derived from filed accounts. Not audited figures.