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Advance Central Engineering Ltd

13093862

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)
  • Negative net worth (-10)

Details

1-3 CUMBIE WAY, NEWTON AYCLIFFE, DL5 6YA
Incorporated 21/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment
28290
28290
33200
Installation of industrial machinery and equipment
71121
Engineering design activities for industrial process and production

Officers

Mr Bryn William Roberts

director · Since 21/12/2020

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Bryn William Roberts

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

British · United Kingdom · Age 57

1-3, Cumbie Way, Newton Aycliffe, DL5 6YA

Notified 21/12/2020

Former PSCs

Mr Zak Jeavons

Ceased 19/04/2024

CompanyRankvs 604+ SIC 28220 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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 30/12/2024

Net Worth

-£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£81k

Current Liabilities

£109k

Fixed Assets

£1k

1avg. employees-5

Balance Sheet

Assets less current liabilities-£26k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74+£9k
20230.64

Derived from filed accounts. Not audited figures.