Company Overview
Advance Renovations Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 15 December 2016, so this is a well established company. Advance Renovations Limited has been in business for 9 years and 3 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Ground Floor, Units 6 & 7 Eastway Business Village, Olivers Place, Fulwood, Preston, Lancashire, PR2 9WT
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Companies House Data
Company NameADVANCE RENOVATIONS LIMITED
Company Number10528072
Registered Office AddressGround Floor, Units 6 & 7 Eastway Business Village
 Olivers Place, Fulwood
 PR2 9WT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/12/2016
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date12/01/2018
Directors & Members
Dermott Horrigan - Director
(British, 64 years old, born June 1962)
Appointed 15 December 2016
 Active
Linda Horrigan - Director
(British, 64 years old, born April 1962)
Appointed 15 December 2016
 Active
Secretaries
Linda Horrigan - Secretary
Appointed 15 December 2016
 Active
Other Company Directorships
Dermott Horrigan
ADVANCE CONSULTING SERVICE LTD
Linda Horrigan
ADVANCE CONSULTING SERVICE LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 1,519 1,519 2,025
Current Assets 237,503 237,503 286,328
Creditors Due Within One Year 178,785 178,785 219,690
Working Cap 58,718 58,718 66,638
Total Assets Less Current Liabilities 60,237 60,237 68,663
Long-term Liabilities 38,302 38,302 50,000
Net Assets 21,935 21,935 18,663
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 21,935 21,935 18,663
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.6% 0.6% 0.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 44.6% 44.6% 2.3%
Current Assets 99.4% 99.4% 99.3%
Creditors Due Within One Year 74.8% 74.8% 76.2%
Net Current Assets Liabilities 24.6% 24.6% 23.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 9.2% 9.2% 6.5%
Capital Employed - - -
Total Assets Less Current Liabilities 25.2% 25.2% 23.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.3 1.3 1.3
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 239,022 239,022 288,353
Debt 217,087 217,087 269,690
Net Assets/Debt 21,935 21,935 18,663

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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COMMUNITY FOUNDATION FOR LANCASHIRE (FORMER)
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Document Filings
Confirmation statement made on 28 December 2025 with updates
Confirmation statement made on 28 December 2024 with no updates
Confirmation statement made on 28 December 2023 with no updates
Confirmation statement made on 28 December 2022 with no updates
Confirmation statement made on 28 December 2021 with updates
Change of details for Mr Dermott Martin Horrigan as a person with significant control on 27 September 2021
Registered office address changed from 90 Berry Lane Longridge Preston Lancashire PR3 3WH England to Ground Floor, Units 6 & 7 Eastway Business Village Olivers Place, Fulwood Preston Lancashire PR2 9WT on 28 September 2021
Confirmation statement made on 28 December 2020 with updates
Confirmation statement made on 28 December 2019 with no updates
Confirmation statement made on 14 December 2018 with updates
Change of details for Mr Dermott Martin Horrigan as a person with significant control on 9 March 2018
Change of details for Mrs Linda Marie Horrigan as a person with significant control on 12 February 2018
Change of details for Mrs Linda Marie Horrigan as a person with significant control on 9 March 2018
Registered office address changed from 90 Berry Lane Longridge Preston Lancashire PR3 3WH England to 90 Berry Lane Longridge Preston Lancashire PR3 3WH on 12 March 2018
Change of details for Mrs Linda Marie Horrigan as a person with significant control on 9 March 2018
Change of details for Mr Dermott Martin Horrigan as a person with significant control on 9 March 2018
Registered office address changed from 16 Preston Road Rib Preston Lancashire PR3 3XL England to 90 Berry Lane Longridge Preston Lancashire PR3 3WH on 12 March 2018
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