advance holdings limited

advance holdings limited Company Information

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Company Number

00564590

Industry

Activities of head offices

 

Directors

Anthony Fox

Zoe Fox

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Shareholders

leonard henry honey

celia janet newgas

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Group Structure

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Contact

Registered Address

46 redington road, london, NW3 7RS

advance holdings limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £3.6m based on a Turnover of £4.9m and 0.74x industry multiple (adjusted for size and gross margin).

advance holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £0 based on an EBITDA of £-96.8k and a 4.94x industry multiple (adjusted for size and gross margin).

advance holdings limited Estimated Valuation

£10.7m

Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £10.7m based on Net Assets of £4.1m and 2.58x industry multiple (adjusted for liquidity).

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Advance Holdings Limited Overview

Advance Holdings Limited is a live company located in london, NW3 7RS with a Companies House number of 00564590. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1956, it's largest shareholder is leonard henry honey with a 11.1% stake. Advance Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with declining growth in recent years.

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Advance Holdings Limited Health Check

Pomanda's financial health check has awarded Advance Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £4.9m, make it smaller than the average company (£19.8m)

£4.9m - Advance Holdings Limited

£19.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.3%)

-2% - Advance Holdings Limited

4.3% - Industry AVG

production

Production

with a gross margin of 32.8%, this company has a comparable cost of product (32.8%)

32.8% - Advance Holdings Limited

32.8% - Industry AVG

profitability

Profitability

an operating margin of -2% make it less profitable than the average company (5.9%)

-2% - Advance Holdings Limited

5.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (117)

5 - Advance Holdings Limited

117 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)

£45.4k - Advance Holdings Limited

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £981.6k, this is more efficient (£186.9k)

£981.6k - Advance Holdings Limited

£186.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (46 days)

4 days - Advance Holdings Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (45 days)

0 days - Advance Holdings Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 608 days, this is more than average (48 days)

608 days - Advance Holdings Limited

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)

10 weeks - Advance Holdings Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (57%)

38.7% - Advance Holdings Limited

57% - Industry AVG

ADVANCE HOLDINGS LIMITED financials

EXPORTms excel logo

Advance Holdings Limited's latest turnover from March 2023 is estimated at £4.9 million and the company has net assets of £4.1 million. According to their latest financial statements, Advance Holdings Limited has 5 employees and maintains cash reserves of £101.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover4,907,8144,835,5646,942,2985,262,6575,109,9383,112,0813,899,1284,036,9251,066,332791,339640,0972,644,009565,8109,682,269
Other Income Or Grants00000000000000
Cost Of Sales3,300,5053,267,3864,763,3453,559,3263,483,5392,122,4052,647,2292,734,220737,524552,003446,8551,845,905393,6456,706,938
Gross Profit1,607,3091,568,1792,178,9531,703,3301,626,400989,6761,251,9001,302,705328,808239,336193,242798,105172,1652,975,331
Admin Expenses1,704,4451,229,7012,058,5771,424,8481,129,496823,7881,209,5341,828,748235,142272,178161,771909,681202,595-2,708,203
Operating Profit-97,136338,478120,376278,482496,904165,88842,366-526,04393,666-32,84231,471-111,576-30,4305,683,534
Interest Payable217,687143,355128,368127,18570,36919,17538,12520,475000000
Interest Receivable5,1257561192181,728970365764913694658789813396
Pre-Tax Profit-309,698195,879-7,873151,515428,263147,6834,606-545,75494,579-32,14832,130-110,787-29,6175,683,931
Tax0-37,2170-28,788-81,370-28,060-8750-18,9160-7,39000-1,591,501
Profit After Tax-309,698158,662-7,873122,727346,893119,6233,731-545,75475,663-32,14824,740-110,787-29,6174,092,430
Dividends Paid00000000000000
Retained Profit-309,698158,662-7,873122,727346,893119,6233,731-545,75475,663-32,14824,740-110,787-29,6174,092,430
Employee Costs227,09300202,973198,745194,372149,845145,181247,678209,500173,076613,641134,5622,321,288
Number Of Employees55465554476518470
EBITDA*-96,819338,900120,939279,233497,906167,22444,147-525,02493,670-32,83631,478-111,566-30,4165,683,552

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets9511,2681,6902,2533,0044,0065,3427,1233,217,1403,217,1443,217,1503,217,1573,217,1673,217,181
Intangible Assets00000000000000
Investments & Other1,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,110
Debtors (Due After 1 year)000000001,550,0001,550,0001,700,0001,960,0002,000,0000
Total Fixed Assets2,0612,3782,8003,3634,1145,1166,4528,2334,768,2504,768,2544,918,2605,178,2675,218,2773,218,291
Stock & work in progress5,499,2365,474,2305,349,0515,215,0084,893,1102,876,6372,796,5092,760,009000000
Trade Debtors53,78552,396132,72591,52985,03280,21749,933121,695134,57191,83572,79925,48153,4142,121,585
Group Debtors1,011,4981,011,4981,349,9821,253,6911,353,6911,353,6911,353,6911,521,004000000
Misc Debtors64,71564,56864,08935,820446,04623,40482,89018,150000000
Cash101,774139,41962,130175,593260,630200,192187,827103,969201,765163,302114,477148,888166,804158,592
misc current assets00000000000000
total current assets6,731,0086,742,1116,957,9776,771,6417,038,5094,534,1414,470,8504,524,827336,336255,137187,276174,369220,2182,280,177
total assets6,733,0696,744,4896,960,7776,775,0047,042,6234,539,2574,477,3024,533,0605,104,5865,023,3915,105,5365,352,6365,438,4955,498,468
Bank overdraft00000040,00040,000000000
Bank loan00000000000000
Trade Creditors 4,7139,60542,54326,09437,58316,88900224,773184,283147,1861,181,078156,150186,506
Group/Directors Accounts00286,754202,785542,739531,1116,7626,762000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities476,455173,285228,543174,092212,995173,844182,750202,239000000
total current liabilities481,168182,890557,840402,971793,317721,844229,512249,001224,773184,283147,1861,181,078156,150186,506
loans2,123,7772,123,7772,123,7772,085,0002,085,0000550,000590,000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000640,000674,958762,05201,000,0001,000,000
provisions00000000000000
total long term liabilities2,123,7772,123,7772,123,7772,085,0002,085,0000550,000590,000640,000674,958762,05201,000,0001,000,000
total liabilities2,604,9452,306,6672,681,6172,487,9712,878,317721,844779,512839,001864,773859,241909,2381,181,0781,156,1501,186,506
net assets4,128,1244,437,8224,279,1604,287,0334,164,3063,817,4133,697,7903,694,0594,239,8134,164,1504,196,2984,171,5584,282,3454,311,962
total shareholders funds4,128,1244,437,8224,279,1604,287,0334,164,3063,817,4133,697,7903,694,0594,239,8134,164,1504,196,2984,171,5584,282,3454,311,962
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-97,136338,478120,376278,482496,904165,88842,366-526,04393,666-32,84231,471-111,576-30,4305,683,534
Depreciation3174225637511,0021,3361,7811,019467101418
Amortisation00000000000000
Tax0-37,2170-28,788-81,370-28,060-8750-18,9160-7,39000-1,591,501
Stock25,006125,179134,043321,8982,016,47380,12836,5002,760,009000000
Debtors1,536-418,334165,756-503,729427,457-29,202-174,335-23,72242,736-130,964-212,682-67,933-68,1712,121,585
Creditors-4,892-32,93816,449-11,48920,69416,8890-224,77340,49037,097-1,033,8921,024,928-30,356186,506
Accruals and Deferred Income303,170-55,25854,451-38,90339,151-8,906-19,489202,239000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations174,917506,642-107,960381,884-1,967,54996,221161,618-3,283,84572,508135,225-797,122981,2957,3992,156,972
Investing Activities
capital expenditure00000003,208,99800000-3,217,199
Change in Investments00000000000001,110
cash flow from investments00000003,208,99800000-3,218,309
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0-286,75483,969-339,95411,628524,34906,762000000
Other Short Term Loans 00000000000000
Long term loans0038,77702,085,000-550,000-40,000590,000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000-640,000-34,958-87,094762,052-1,000,00001,000,000
share issue0000000000000219,532
interest-212,562-142,599-128,249-126,967-68,641-18,205-37,760-19,711913694658789813396
cash flow from financing-212,562-429,353-5,503-466,9212,027,987-43,856-77,760-62,949-34,045-86,400762,710-999,2118131,219,928
cash and cash equivalents
cash-37,64577,289-113,463-85,03760,43812,36583,858-97,79638,46348,825-34,411-17,9168,212158,592
overdraft00000-40,000040,000000000
change in cash-37,64577,289-113,463-85,03760,43852,36583,858-137,79638,46348,825-34,411-17,9168,212158,592

advance holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advance Holdings Limited Competitor Analysis

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Perform a competitor analysis for advance holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NW3 area or any other competitors across 12 key performance metrics.

advance holdings limited Ownership

ADVANCE HOLDINGS LIMITED group structure

Advance Holdings Limited has 2 subsidiary companies.

Ultimate parent company

ADVANCE HOLDINGS LIMITED

00564590

2 subsidiaries

ADVANCE HOLDINGS LIMITED Shareholders

leonard henry honey 11.1%
celia janet newgas 8.54%
annemarie fox 8.33%
vivienne alice erdos 8.33%
zoe valerie fox 8.33%
sebastian stefan fox 8.33%
judith baliti 8.33%
ben erdos 8.33%
rachel erdos 8.33%
simone nikki fox 8.33%

advance holdings limited directors

Advance Holdings Limited currently has 15 directors. The longest serving directors include Prof Anthony Fox (Sep 1992) and Dr Zoe Fox (Mar 2017).

officercountryagestartendrole
Prof Anthony Fox78 years Sep 1992- Director
Dr Zoe FoxEngland47 years Mar 2017- Director
Mr Daniel BalitiEngland43 years Mar 2017- Director
Mrs Celia NewgasEngland71 years Jan 2018- Director
Mr Paul Huberman63 years Mar 2018- Director
Mr Ben ErdosUnited Kingdom44 years Feb 2023- Director
Mr Adam NewgasUnited Kingdom38 years Feb 2023- Director
Mrs Annemarie FoxEngland77 years Feb 2023- Director
Dr Simone FoxUnited Kingdom51 years Feb 2023- Director
Mrs Vivienne ErdosUnited Kingdom75 years Feb 2023- Director

P&L

March 2023

turnover

4.9m

+1%

operating profit

-97.1k

0%

gross margin

32.8%

+0.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

4.1m

-0.07%

total assets

6.7m

0%

cash

101.8k

-0.27%

net assets

Total assets minus all liabilities

advance holdings limited company details

company number

00564590

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1956

age

68

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

46 redington road, london, NW3 7RS

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

advance holdings limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 23 charges/mortgages relating to advance holdings limited. Currently there are 5 open charges and 18 have been satisfied in the past.

charges

advance holdings limited Companies House Filings - See Documents

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