advance holdings limited
advance holdings limited Company Information
Company Number
00564590
Next Accounts
Dec 2025
Shareholders
leonard henry honey
celia janet newgas
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
46 redington road, london, NW3 7RS
Website
advancedholdings.comadvance holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £2.9m based on a Turnover of £5.2m and 0.56x industry multiple (adjusted for size and gross margin).
advance holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £502.5k based on an EBITDA of £113.3k and a 4.44x industry multiple (adjusted for size and gross margin).
advance holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE HOLDINGS LIMITED at £8.5m based on Net Assets of £4m and 2.11x 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, mid sized company, Pomanda has estimated its turnover at £5.2m 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
3 Strong
2 Regular
7 Weak
Size
annual sales of £5.2m, make it smaller than the average company (£20.3m)
- Advance Holdings Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (8.9%)
- Advance Holdings Limited
8.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
- Advance Holdings Limited
33.2% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (5.8%)
- Advance Holdings Limited
5.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (114)
5 - Advance Holdings Limited
114 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Advance Holdings Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£196.5k)
- Advance Holdings Limited
£196.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (44 days)
- Advance Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (42 days)
- Advance Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 584 days, this is more than average (46 days)
- Advance Holdings Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Advance Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.3%, this is a lower level of debt than the average (54.7%)
33.3% - Advance Holdings Limited
54.7% - Industry AVG
ADVANCE HOLDINGS LIMITED financials
Advance Holdings Limited's latest turnover from March 2024 is estimated at £5.2 million and the company has net assets of £4 million. According to their latest financial statements, Advance Holdings Limited has 5 employees and maintains cash reserves of £192.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 713 | 951 | 1,268 | 1,690 | 2,253 | 3,004 | 4,006 | 5,342 | 7,123 | 3,217,140 | 3,217,144 | 3,217,150 | 3,217,157 | 3,217,167 | 3,217,181 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 100 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 |
| Debtors (Due After 1 year) | 1,550,000 | 1,550,000 | 1,700,000 | 1,960,000 | 2,000,000 | ||||||||||
| Total Fixed Assets | 813 | 2,061 | 2,378 | 2,800 | 3,363 | 4,114 | 5,116 | 6,452 | 8,233 | 4,768,250 | 4,768,254 | 4,918,260 | 5,178,267 | 5,218,277 | 3,218,291 |
| Stock & work in progress | 5,599,236 | 5,499,236 | 5,474,230 | 5,349,051 | 5,215,008 | 4,893,110 | 2,876,637 | 2,796,509 | 2,760,009 | ||||||
| Trade Debtors | 57,325 | 53,785 | 52,396 | 132,725 | 91,529 | 85,032 | 80,217 | 49,933 | 121,695 | 134,571 | 91,835 | 72,799 | 25,481 | 53,414 | 2,121,585 |
| Group Debtors | 91,498 | 1,011,498 | 1,011,498 | 1,349,982 | 1,253,691 | 1,353,691 | 1,353,691 | 1,353,691 | 1,521,004 | ||||||
| Misc Debtors | 93,487 | 64,715 | 64,568 | 64,089 | 35,820 | 446,046 | 23,404 | 82,890 | 18,150 | ||||||
| Cash | 192,464 | 101,774 | 139,419 | 62,130 | 175,593 | 260,630 | 200,192 | 187,827 | 103,969 | 201,765 | 163,302 | 114,477 | 148,888 | 166,804 | 158,592 |
| misc current assets | |||||||||||||||
| total current assets | 6,034,010 | 6,731,008 | 6,742,111 | 6,957,977 | 6,771,641 | 7,038,509 | 4,534,141 | 4,470,850 | 4,524,827 | 336,336 | 255,137 | 187,276 | 174,369 | 220,218 | 2,280,177 |
| total assets | 6,034,823 | 6,733,069 | 6,744,489 | 6,960,777 | 6,775,004 | 7,042,623 | 4,539,257 | 4,477,302 | 4,533,060 | 5,104,586 | 5,023,391 | 5,105,536 | 5,352,636 | 5,438,495 | 5,498,468 |
| Bank overdraft | 40,000 | 40,000 | |||||||||||||
| Bank loan | 1,871,064 | ||||||||||||||
| Trade Creditors | 5,899 | 4,713 | 9,605 | 42,543 | 26,094 | 37,583 | 16,889 | 224,773 | 184,283 | 147,186 | 1,181,078 | 156,150 | 186,506 | ||
| Group/Directors Accounts | 286,754 | 202,785 | 542,739 | 531,111 | 6,762 | 6,762 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 133,658 | 476,455 | 173,285 | 228,543 | 174,092 | 212,995 | 173,844 | 182,750 | 202,239 | ||||||
| total current liabilities | 2,010,621 | 481,168 | 182,890 | 557,840 | 402,971 | 793,317 | 721,844 | 229,512 | 249,001 | 224,773 | 184,283 | 147,186 | 1,181,078 | 156,150 | 186,506 |
| loans | 2,123,777 | 2,123,777 | 2,123,777 | 2,085,000 | 2,085,000 | 550,000 | 590,000 | ||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 640,000 | 674,958 | 762,052 | 1,000,000 | 1,000,000 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,123,777 | 2,123,777 | 2,123,777 | 2,085,000 | 2,085,000 | 550,000 | 590,000 | 640,000 | 674,958 | 762,052 | 1,000,000 | 1,000,000 | |||
| total liabilities | 2,010,621 | 2,604,945 | 2,306,667 | 2,681,617 | 2,487,971 | 2,878,317 | 721,844 | 779,512 | 839,001 | 864,773 | 859,241 | 909,238 | 1,181,078 | 1,156,150 | 1,186,506 |
| net assets | 4,024,202 | 4,128,124 | 4,437,822 | 4,279,160 | 4,287,033 | 4,164,306 | 3,817,413 | 3,697,790 | 3,694,059 | 4,239,813 | 4,164,150 | 4,196,298 | 4,171,558 | 4,282,345 | 4,311,962 |
| total shareholders funds | 4,024,202 | 4,128,124 | 4,437,822 | 4,279,160 | 4,287,033 | 4,164,306 | 3,817,413 | 3,697,790 | 3,694,059 | 4,239,813 | 4,164,150 | 4,196,298 | 4,171,558 | 4,282,345 | 4,311,962 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 238 | 317 | 422 | 563 | 751 | 1,002 | 1,336 | 1,781 | 1,019 | 4 | 6 | 7 | 10 | 14 | 18 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 100,000 | 25,006 | 125,179 | 134,043 | 321,898 | 2,016,473 | 80,128 | 36,500 | 2,760,009 | ||||||
| Debtors | -887,688 | 1,536 | -418,334 | 165,756 | -503,729 | 427,457 | -29,202 | -174,335 | -23,722 | 42,736 | -130,964 | -212,682 | -67,933 | -68,171 | 2,121,585 |
| Creditors | 1,186 | -4,892 | -32,938 | 16,449 | -11,489 | 20,694 | 16,889 | -224,773 | 40,490 | 37,097 | -1,033,892 | 1,024,928 | -30,356 | 186,506 | |
| Accruals and Deferred Income | -342,797 | 303,170 | -55,258 | 54,451 | -38,903 | 39,151 | -8,906 | -19,489 | 202,239 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,010 | 1,110 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 1,871,064 | ||||||||||||||
| Group/Directors Accounts | -286,754 | 83,969 | -339,954 | 11,628 | 524,349 | 6,762 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,123,777 | 38,777 | 2,085,000 | -550,000 | -40,000 | 590,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -640,000 | -34,958 | -87,094 | 762,052 | -1,000,000 | 1,000,000 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 90,690 | -37,645 | 77,289 | -113,463 | -85,037 | 60,438 | 12,365 | 83,858 | -97,796 | 38,463 | 48,825 | -34,411 | -17,916 | 8,212 | 158,592 |
| overdraft | -40,000 | 40,000 | |||||||||||||
| change in cash | 90,690 | -37,645 | 77,289 | -113,463 | -85,037 | 60,438 | 52,365 | 83,858 | -137,796 | 38,463 | 48,825 | -34,411 | -17,916 | 8,212 | 158,592 |
advance holdings limited Credit Report and Business Information
Advance Holdings Limited Competitor Analysis
Perform a competitor analysis for advance holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid 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 directors
Advance Holdings Limited currently has 14 directors. The longest serving directors include Mr Daniel Baliti (Mar 2017) and Dr Zoe Fox (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Baliti | England | 43 years | Mar 2017 | - | Director |
| Dr Zoe Fox | England | 48 years | Mar 2017 | - | Director |
| Mrs Celia Newgas | England | 71 years | Jan 2018 | - | Director |
| Mr Paul Huberman | 63 years | Mar 2018 | - | Director | |
| Mrs Judith Baliti | United Kingdom | 43 years | Feb 2023 | - | Director |
| Mrs Vivienne Erdos | United Kingdom | 75 years | Feb 2023 | - | Director |
| Ms Sophie Newgas | United Kingdom | 33 years | Feb 2023 | - | Director |
| Mr Leonard Honey | United Kingdom | 77 years | Feb 2023 | - | Director |
| Mr Sebastian Fox | United Kingdom | 42 years | Feb 2023 | - | Director |
| Dr Simone Fox | United Kingdom | 51 years | Feb 2023 | - | Director |
P&L
March 2024turnover
5.2m
+8%
operating profit
113.1k
0%
gross margin
33.3%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4m
-0.03%
total assets
6m
-0.1%
cash
192.5k
+0.89%
net assets
Total assets minus all liabilities
Similar Companies
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
69
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
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.
advance holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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advance holdings limited Companies House Filings - See Documents
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