Advance Wealth Limited in Chelmsford, CM1 7EQ

Website

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www.advancewealth.co.uk

Description

Data updated on: 01-11-2023

Advance Wealth Limited with reg. no. 06765526 has been on the market for 16 years. This particular Private Limited Company can be found at The Mise Centre, Broomfield Place, 189 Main Road in Chelmsford and company's postal code is CM1 7EQ. It has been already 12 years since Advance Wealth Limited is no longer identified under the name Gnc. The enterprise's classified under the NACE and SIC code 82990 meaning Other business support service activities not elsewhere classified. 2022-12-31 is the last time when company accounts were filed.

The firm works in retail industry. Its FHRSID is 23413. It reports to Preston and its last food inspection was carried out on 2019-10-02 in St Georges Shopping Centre, Preston, PR1 2NQ. The most recent quality assessment result obtained by the company is 5, which translates as very good. The components comprising this value are the following inspection results: 0 for hygiene, 0 for its structural management and 0 for confidence in management.

Our data about this specific company's members implies the existence of two directors: Charles M. and Christopher C. who joined the company's Management Board on 2019-04-02 and 2008-12-04. Additionally, the director's duties are assisted with by a secretary - Joanna C., who was chosen by the following firm on 2010-08-25.

Previous company's names
Advance Wealth Limited 2012-09-28
Gnc Limited 2008-12-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	122 689	320 306	432 955	372 012	235 359	340 862	258 341	349 364	199 983
Current Assets	198 155	527 538	683 500	690 836	775 595	1 287 737	1 148 973	844 127	841 799
Debtors	7 384	19 818	6 110	64 219	100 117	124 379	163 563	144 963	269 133
Net Assets Liabilities	155 614	360 370	506 570	513 925	600 023	887 744	931 668	510 937	883 167
Other Debtors	7 384	19 740	6 110	43 513	71 146	73 273	75 464	77 720	80 044
Property Plant Equipment	11 679	17 402	15 340	14 150	14 684	25 192	38 714	31 698	25 045

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	381	441	501	561	3 965	3 965	15 400	221 323	14 001
Accumulated Depreciation Impairment Property Plant Equipment	19 814	23 578	28 692	33 233	37 106	28 095	40 245	50 276	58 781
Average Number Employees During Period					16	17	20	22	22
Bank Borrowings Overdrafts	940					249 000	170 150	262 421	175 559
Corporation Tax Payable	29 254	86 186	97 729	67 984	88 460	83 811	107 083	68 769	96 380
Corporation Tax Recoverable		78					6 294	6 294	6 294
Creditors	52 106	181 252	189 456	188 415	194 227	249 000	170 150	262 421	175 559
Current Asset Investments	68 082	187 414	244 435	254 605	440 119	822 496	727 069	349 800	372 683
Decrease From Reversal Impairment Loss Recognised In Profit Or Loss Intangible Assets									208 044
Dividends Paid On Shares				42	6 760	6 760
Fixed Assets	11 901	17 564	15 442	14 192	21 444	31 952	284 734	211 952	542 788
Increase From Amortisation Charge For Year Intangible Assets		60	60	60	42
Increase From Depreciation Charge For Year Property Plant Equipment		3 764	5 114	4 541	3 873	8 394	12 150	10 031	8 505
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets					3 362		11 434	205 924	722
Intangible Assets	222	162	102	42	6 760	6 760	246 020	180 254	517 743
Intangible Assets Gross Cost	603	603	603	603	10 725	10 725	261 419	401 578	531 744
Net Current Assets Liabilities	146 049	346 286	494 044	502 421	581 368	1 109 578	824 440	569 330	522 199
Number Shares Issued Fully Paid			1	1
Other Creditors	52 106	181 252	71 456	72 768	63 159	52 136	83 461	71 956	65 463
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						17 405
Other Disposals Intangible Assets								116 992
Other Disposals Property Plant Equipment						19 327
Other Investments Other Than Loans				254 605	440 119	822 496	727 069	349 800	372 683
Other Taxation Social Security Payable	12 084	13 085	10 798	14 754	11 418	16 780	22 046	11 325	6 923
Par Value Share			1	1
Property Plant Equipment Gross Cost	31 494	40 980	44 032	47 383	51 790	53 287	78 959	81 974	83 826
Provisions For Liabilities Balance Sheet Subtotal	2 336	3 480	2 916	2 688	2 789	4 786	7 356	7 924	6 261
Taxation Including Deferred Taxation Balance Sheet Subtotal	2 336	3 480
Total Additions Including From Business Combinations Property Plant Equipment		9 486	3 052	3 350	4 407	20 825	25 672	3 015	1 852
Total Assets Less Current Liabilities	157 950	363 850	509 486	516 613	602 812	1 141 530	1 109 174	781 282	1 064 987
Total Increase Decrease From Revaluations Intangible Assets							3 303		88 292
Trade Creditors Trade Payables			9 473	32 909	31 190	25 432	62 143	35 885	63 972
Trade Debtors Trade Receivables							2 321	607

Company staff

Charles M.

Role: Director

Appointed: 02 April 2019

Latest update: 15 March 2024

Joanna C.

Role: Secretary

Appointed: 25 August 2010

Latest update: 15 March 2024

Christopher C.

Role: Director

Appointed: 04 December 2008

Latest update: 15 March 2024

People with significant control

Executives with significant control over the firm are: Joanna C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Christopher C. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Joanna C.

Notified on 1 July 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Christopher C.

Notified on 1 July 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	27 April 2024
Confirmation statement last made up date	13 April 2023

Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31
Annual Accounts
Start Date For Period Covered By Report	2023-01-01
End Date For Period Covered By Report	2023-12-31
Annual Accounts
End Date For Period Covered By Report	2017-12-31

Advance Wealth Limited

General information

Name:

Office Address:

Contact information

Website

www.advancewealth.co.uk

Description

Financial data based on annual reports

Company staff

Charles M.

Joanna C.

Christopher C.

People with significant control

Joanna C.

Christopher C.

Accounts Documents

Holland & Barrett food hygiene ratings

Retailers - other address

Address

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State

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Food rating: 5

Hygiene

Structural

Confidence in Management

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