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Advance Drain Services Limited

12597929

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10, ST LAURENCE AVENUE,, MAIDSTON, ME16 0LL
Incorporated 12/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Glenn Michael Thompson

director · Since 12/05/2020

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Glenn Michael Thompson

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

British · United Kingdom · Age 52

Unit 10,, St Laurence Avenue,, Maidston, ME16 0LL

Notified 12/05/2020

Advance Facilities Group Limited

75–100% shares

Unit 10, St Lawrence Avenue, Maidstone, ME16 0LL

Reg: 11460168 · United Kingdom Companies House · Limited Company

Notified 18/06/2025

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 29/10/2024Registered 01/11/2024
Charge
satisfied

ONE STOP INVOICE FINANCE LIMITED

Created 31/01/2023Registered 03/02/2023Satisfied 06/12/2024
Charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 01/06/2021Registered 01/06/2021Satisfied 08/02/2023
Charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 23/09/2020Registered 24/09/2020Satisfied 08/02/2023

CompanyRankvs 30346+ SIC 82990 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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30346Advance Drain Services Limited
70
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£315k

Balance sheet strength

Cash

£286

Cash in the bank

Net Current Assets

£338k

Working capital

Current Assets

£1.2M

Current Liabilities

£854k

Fixed Assets

£161k

Debtors

£901k

5avg. employees

Balance Sheet

Assets less current liabilities£499k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40+£14k
20241.93+£35k
20231.31+£95k
20221.33+£130k
20211.13—

Derived from filed accounts. Not audited figures.