Advancing Labs Limited
14897059
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/05/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 3 other boards
director · Since 26/05/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 3 other boards
Persons with Significant Control
Advancing Group Limited
344-354, Grays Inn Road, London, WC1 8BP
Reg: 14875528 · Companies House · Private Limited Company
Notified 26/05/2023
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 112613+ SIC 62020 peers15
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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.
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 31/12/2024
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£100
Current Liabilities
£2k
Debtors
£100
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | -£800 |
| 2023 | 0.08 | — |
Derived from filed accounts. Not audited figures.