advance cleaners limited
advance cleaners limited Company Information
Company Number
03315810
Next Accounts
Nov 2025
Shareholders
derek walsh
dawn walsh
Group Structure
View All
Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
Registered Address
6 martins court, hindley, wigan, WN2 4AZ
Website
www.advancecleaners.co.ukadvance cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE CLEANERS LIMITED at £19.9k based on a Turnover of £48.2k and 0.41x industry multiple (adjusted for size and gross margin).
advance cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE CLEANERS LIMITED at £8.1k based on an EBITDA of £3.5k and a 2.28x industry multiple (adjusted for size and gross margin).
advance cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE CLEANERS LIMITED at £0 based on Net Assets of £-8.4k and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Advance Cleaners Limited Overview
Advance Cleaners Limited is a live company located in wigan, WN2 4AZ with a Companies House number of 03315810. It operates in the other cleaning services sector, SIC Code 81299. Founded in February 1997, it's largest shareholder is derek walsh with a 50% stake. Advance Cleaners Limited is a mature, micro sized company, Pomanda has estimated its turnover at £48.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Advance Cleaners Limited Health Check
Pomanda's financial health check has awarded Advance Cleaners Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £48.2k, make it smaller than the average company (£120.9k)
- Advance Cleaners Limited
£120.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Advance Cleaners Limited
- - Industry AVG
Production
with a gross margin of 19.6%, this company has a higher cost of product (33.8%)
- Advance Cleaners Limited
33.8% - Industry AVG
Profitability
an operating margin of 7.4% make it more profitable than the average company (5.4%)
- Advance Cleaners Limited
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Advance Cleaners Limited
10 - Industry AVG
Pay Structure
on an average salary of £14.2k, the company has an equivalent pay structure (£14.2k)
- Advance Cleaners Limited
£14.2k - Industry AVG
Efficiency
resulting in sales per employee of £48.2k, this is more efficient (£25.8k)
- Advance Cleaners Limited
£25.8k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (35 days)
- Advance Cleaners Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (22 days)
- Advance Cleaners Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advance Cleaners Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Advance Cleaners Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 213.3%, this is a higher level of debt than the average (57.5%)
213.3% - Advance Cleaners Limited
57.5% - Industry AVG
ADVANCE CLEANERS LIMITED financials
Advance Cleaners Limited's latest turnover from February 2024 is estimated at £48.2 thousand and the company has net assets of -£8.4 thousand. According to their latest financial statements, we estimate that Advance Cleaners Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | 31 | 33 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 595 | 685 | 785 | 935 | 1,100 | 340 | 290 | 372 | 594 | 2,047 | 3,789 | 3,502 | 4,610 | 5,092 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | 252 | 304 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 595 | 685 | 785 | 935 | 1,100 | 340 | 542 | 676 | 594 | 2,047 | 3,789 | 3,502 | 4,610 | 5,092 | |
| Stock & work in progress | 145 | 145 | 145 | 145 | 145 | 145 | |||||||||
| Trade Debtors | 6,840 | 2,305 | 9,136 | 37,018 | 37,563 | 28,477 | 45,271 | 46,383 | 57,045 | 65,040 | 55,682 | 56,499 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | 8,279 | 4,372 | 28,751 | 19,997 | |||||||||||
| Cash | 14,064 | 5,628 | 735 | 2,707 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 6,840 | 2,305 | 9,136 | 14,064 | 5,628 | 45,297 | 41,935 | 28,477 | 45,416 | 47,263 | 59,897 | 65,185 | 84,578 | 76,641 | |
| total assets | 7,435 | 2,990 | 9,921 | 14,999 | 6,728 | 45,637 | 42,477 | 29,153 | 46,010 | 49,310 | 63,686 | 68,687 | 89,188 | 81,733 | |
| Bank overdraft | 19,272 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 14,394 | 14,075 | 12,116 | 1,787 | 42,339 | 28,648 | 39,745 | 40,363 | 54,590 | 67,936 | 87,333 | 77,611 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,408 | 6,712 | 11,795 | 24,415 | |||||||||||
| total current liabilities | 14,394 | 14,075 | 12,116 | 13,408 | 6,712 | 11,795 | 45,474 | 42,339 | 28,648 | 39,745 | 40,363 | 54,590 | 67,936 | 87,333 | 77,611 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,465 | 1,745 | 3,940 | ||||||||||||
| provisions | 71 | ||||||||||||||
| total long term liabilities | 1,465 | 71 | 1,745 | 3,940 | |||||||||||
| total liabilities | 15,859 | 14,075 | 12,116 | 13,408 | 6,712 | 11,795 | 45,474 | 42,339 | 28,648 | 39,745 | 40,363 | 54,661 | 67,936 | 89,078 | 81,551 |
| net assets | -8,424 | -11,085 | -2,195 | 1,591 | 16 | -11,795 | 163 | 138 | 505 | 6,265 | 8,947 | 9,025 | 751 | 110 | 182 |
| total shareholders funds | -8,424 | -11,085 | -2,195 | 1,591 | 16 | -11,795 | 163 | 138 | 505 | 6,265 | 8,947 | 9,025 | 751 | 110 | 182 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 165 | 180 | 340 | 635 | 1,386 | 1,742 | 1,777 | 1,108 | 3,838 | 3,055 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -145 | 145 | |||||||||||||
| Debtors | 4,535 | -6,831 | 9,136 | -45,297 | 3,362 | 13,458 | -16,794 | -1,112 | -10,662 | -7,995 | -19,393 | 7,937 | 76,496 | ||
| Creditors | 319 | 1,959 | 12,116 | -1,787 | -40,552 | 13,691 | -11,097 | -618 | -14,227 | -13,346 | -19,397 | 9,722 | 77,611 | ||
| Accruals and Deferred Income | -13,408 | 6,696 | -5,083 | -12,620 | 24,415 | ||||||||||
| Deferred Taxes & Provisions | -71 | 71 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -252 | -52 | 304 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 1,465 | -1,745 | -2,195 | 3,940 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -14,064 | 8,436 | 5,628 | -735 | -1,972 | 2,707 | |||||||||
| overdraft | -19,272 | 19,272 | |||||||||||||
| change in cash | -14,064 | 8,436 | 5,628 | 19,272 | -19,272 | -735 | -1,972 | 2,707 |
advance cleaners limited Credit Report and Business Information
Advance Cleaners Limited Competitor Analysis
Perform a competitor analysis for advance cleaners limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WN2 area or any other competitors across 12 key performance metrics.
advance cleaners limited Ownership
ADVANCE CLEANERS LIMITED group structure
Advance Cleaners Limited has no subsidiary companies.
Ultimate parent company
ADVANCE CLEANERS LIMITED
03315810
advance cleaners limited directors
Advance Cleaners Limited currently has 2 directors. The longest serving directors include Mr Derek Walsh (Nov 2018) and Mrs Dawn Walsh (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Walsh | England | 68 years | Nov 2018 | - | Director |
| Mrs Dawn Walsh | England | 53 years | Jun 2022 | - | Director |
P&L
February 2024turnover
48.2k
+99%
operating profit
3.5k
0%
gross margin
19.7%
-2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-8.4k
-0.24%
total assets
7.4k
+1.49%
cash
0
0%
net assets
Total assets minus all liabilities
advance cleaners limited company details
company number
03315810
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
February 1997
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
6 martins court, hindley, wigan, WN2 4AZ
Bank
-
Legal Advisor
-
advance cleaners 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 did not find charges/mortgages relating to advance cleaners limited.
advance cleaners 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.
Click to start generating capital raising & share issue transactions for ADVANCE CLEANERS LIMITED. This can take several minutes, an email will notify you when this has completed.
advance cleaners limited Companies House Filings - See Documents
| date | description | view/download |
|---|
