ADVANCE365 LTD
🏛️Establishedactive
11042616 · ltd · incorporated 2017-11-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£151.8k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 46439
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 80200Security systems service activities
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 6.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £151,775
Net assets shrinking
Down £74,499 YoY
Cash YoY
+30%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↑ 30% YoY
Net Worth
£152k
↓ 33% YoY
Current Assets
£422k
↓ 26% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £181.1k | £241.3k |
| Current assets | £421.5k | £573.1k |
| Cash | £32.5k | £24.9k |
| Debtors | £389.0k | £548.2k |
| Net assets | £151.8k | £226.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-15➖HALLIWELL, Derrick Malcolm resigneddirector
- 2022-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-01🔒Charge registered #2Lender: Ecapital Commercial Finance (North) Limited
- 2022-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-21➕HALLIWELL, Derrick Malcolm appointeddirector
- 2021-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-09📄resolutionresolution · RESOLUTIONS
- 2020-06-09📄memorandum-articlesincorporation · MA
- 2020-06-09📄capital-name-of-class-of-sharescapital · SH08
- 2020-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-01-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-13🔒Charge registered #1Lender: National Westminster Bank Public Limited Company
- 2019-01-17➕BROWN, Jill appointeddirector
- 2018-12-10➕ALLEN, Jeorgia appointeddirector
- 2018-12-10➖GULLANE, Veronica resigneddirector
- 2017-11-02➕GULLANE, Veronica appointeddirector
- 2017-11-02➖GULLANE, Veronica resigneddirector
- 2017-11-01🏢Company incorporatedAs ADVANCE365 LTD
- 2017-11-01➕GULLANE, Veronica appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Jill Brown Individual · British · DOB 02/1972 · age 54 | 50–75% | — | 50-75% shares | 06/01/2020 |
2 historic (ceased) PSCs
- Mrs Veronica Gullaneceased 06/01/2020· 75-100% shares · 75-100% voting
- Veronica Gullaneceased 02/11/2017· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 413 LEATHER LTD→ 13907911 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 4S EVENT SOLUTIONS LTD→ 16662104 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 55 FISHERIES LIMITED→ 12741183 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 6 BARRELS LIMITED→ 15644640 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 80 PERCENT THE TATTOO NARCOTIC LTD→ 16190514 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A D FIXINGS LTD→ 11521715 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 PRIME FOODS LTD→ 14526365 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABERCROMBIES INTERIORS LTD→ 15442057 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMSPRODUCTS LTD→ 15326031 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADDON DISTRIBUTION GROUP LTD→ 15883468 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED LUBRICANT SOLUTIONS LIMITED→ 09234919 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AEROMED INTERNATIONAL LTD→ 15886142 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2017-11-01
Jurisdictionengland-wales
Primary SIC46439 — SIC 46439
Registered office
8e West Chirton North Industrial Estate
North Shields
NE29 8SD
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01
Officers (2 active · 3 resigned)
ALLEN, Jeorgia→
Activedirector · ~29y · appointed 2018-12-10
View their other companies + combined net worth →
Active
GULLANE, Veronica→
Resigneddirector · ~68y · appointed 2017-11-02 · resigned 2018-12-10
GULLANE, Veronica→
Resigneddirector · ~68y · appointed 2017-11-01 · resigned 2017-11-02
HALLIWELL, Derrick Malcolm→
Resigneddirector · ~59y · appointed 2022-03-21 · resigned 2022-12-15
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ecapital Commercial Finance (North) Ecapital Commercial Finance (North) Limited | A registered charge | 1 property | 01/06/2022 | — | |
| outstanding | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 13/12/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (39 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-18
change-person-director-company-with-change-date
officers · CH01
2025-08-18
change-person-director-company-with-change-date
officers · CH01
2025-08-18
change-person-director-company-with-change-date
officers · CH01
2025-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
termination-director-company-with-name-termination-date
officers · TM01
2023-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-08