advance schemes limited
advance schemes limited Company Information
Company Number
08016799
Next Accounts
Dec 2025
Industry
Non-life insurance
Shareholders
celia collis
clare collis
View AllGroup Structure
View All
Contact
Registered Address
2 k d plaza cotterells, hemel hempstead, hertfordshire, HP1 1AX
Website
www.advanceschemes.comadvance schemes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SCHEMES LIMITED at £1.1m based on a Turnover of £2m and 0.54x industry multiple (adjusted for size and gross margin).
advance schemes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SCHEMES LIMITED at £561.8k based on an EBITDA of £77.6k and a 7.24x industry multiple (adjusted for size and gross margin).
advance schemes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SCHEMES LIMITED at £929.5k based on Net Assets of £546.4k and 1.7x industry multiple (adjusted for liquidity).
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Advance Schemes Limited Overview
Advance Schemes Limited is a live company located in hertfordshire, HP1 1AX with a Companies House number of 08016799. It operates in the non-life insurance sector, SIC Code 65120. Founded in April 2012, it's largest shareholder is celia collis with a 25% stake. Advance Schemes Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with high growth in recent years.
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Advance Schemes Limited Health Check
Pomanda's financial health check has awarded Advance Schemes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £2m, make it in line with the average company (£2.3m)
- Advance Schemes Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (10.4%)
- Advance Schemes Limited
10.4% - Industry AVG
Production
with a gross margin of 70.5%, this company has a higher cost of product (99.3%)
- Advance Schemes Limited
99.3% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (18.9%)
- Advance Schemes Limited
18.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (33)
8 - Advance Schemes Limited
33 - Industry AVG
Pay Structure
on an average salary of £60.4k, the company has an equivalent pay structure (£60.4k)
- Advance Schemes Limited
£60.4k - Industry AVG
Efficiency
resulting in sales per employee of £253.6k, this is more efficient (£158.9k)
- Advance Schemes Limited
£158.9k - Industry AVG
Debtor Days
it gets paid by customers after 316 days, this is later than average (206 days)
- Advance Schemes Limited
206 days - Industry AVG
Creditor Days
its suppliers are paid after 754 days, this is slower than average (245 days)
- Advance Schemes Limited
245 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advance Schemes Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Advance Schemes Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a lower level of debt than the average (79.2%)
69.4% - Advance Schemes Limited
79.2% - Industry AVG
ADVANCE SCHEMES LIMITED financials
Advance Schemes Limited's latest turnover from March 2024 is estimated at £2 million and the company has net assets of £546.4 thousand. According to their latest financial statements, Advance Schemes Limited has 8 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 8 | 9 | 10 | 10 | |||||||
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,121 | 34,292 | 11,028 | 13,448 | 16,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,121 | 34,292 | 11,028 | 13,448 | 16,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,758,022 | 1,015,680 | 853,744 | 732,621 | 616,073 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,758,022 | 1,015,680 | 853,744 | 732,621 | 616,073 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,786,143 | 1,049,972 | 864,772 | 746,069 | 632,473 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,239,705 | 561,750 | 538,193 | 526,237 | 538,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,239,705 | 561,750 | 538,193 | 526,237 | 538,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,239,705 | 561,750 | 538,193 | 526,237 | 538,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 546,438 | 488,222 | 326,579 | 219,832 | 94,261 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 546,438 | 488,222 | 326,579 | 219,832 | 94,261 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | ||||||||||
| Amortisation | 0 | 0 | ||||||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 742,342 | 161,936 | 121,123 | 116,548 | 615,973 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 677,955 | 23,557 | 11,956 | -11,975 | 538,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
advance schemes limited Credit Report and Business Information
Advance Schemes Limited Competitor Analysis
Perform a competitor analysis for advance schemes limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in HP1 area or any other competitors across 12 key performance metrics.
advance schemes limited Ownership
ADVANCE SCHEMES LIMITED group structure
Advance Schemes Limited has no subsidiary companies.
Ultimate parent company
ADVANCE SCHEMES LIMITED
08016799
advance schemes limited directors
Advance Schemes Limited currently has 2 directors. The longest serving directors include Mr Brian Collis (Apr 2012) and Mr Jonathan Collis (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Collis | England | 77 years | Apr 2012 | - | Director |
| Mr Jonathan Collis | England | 41 years | Apr 2012 | - | Director |
P&L
March 2024turnover
2m
+78%
operating profit
77.6k
0%
gross margin
70.5%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
546.4k
+0.12%
total assets
1.8m
+0.7%
cash
0
0%
net assets
Total assets minus all liabilities
advance schemes limited company details
company number
08016799
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
April 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
2 k d plaza cotterells, hemel hempstead, hertfordshire, HP1 1AX
Bank
-
Legal Advisor
-
advance schemes 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 schemes limited.
advance schemes 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 schemes limited Companies House Filings - See Documents
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