Advance Modular Ltd
12722812
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/07/2020
TECHNICAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 4 other boards
Persons with Significant Control
Mr Bryn William Roberts
British · United Kingdom · Age 57
1-4, Cumbie Way, Newton Aycliffe, DL5 6YA
Notified 13/07/2020
Former PSCs
Mr Michael John Waring
Ceased 22/08/2020
Mr Zak Jeavons
Ceased 19/04/2024
CompanyRankvs 762+ SIC 28290 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/12/2024
Net Worth
-£42k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£42k
Working capital
Current Assets
£40k
Current Liabilities
£83k
Fixed Assets
£634
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.49 | -£45k |
| 2023 | 1.02 | — |
Derived from filed accounts. Not audited figures.