−£1.49m
vs Dec 2023Active14531716Private limited companyAbbotsley
ADVANCE AI LTD
Significant control: Gary Gerald Colleran (25–50%), Ian Frederick Johnson (25–50%) and 1 more
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Other information technology service activities (SIC 62090). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
ADVANCE AI LTD is an active private limited company (company number 14531716) incorporated on 9 December 2022, registered in Abbotsley. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£1.49m and cash of £64k, with 11 employees on average. Net assets fell 62% on the prior period (−£920k).
Peer position · net assets
By net assets it sits in the bottom quarter of 4,928 comparable companies in Other (median £2,628, upper quartile £35k).
02
Ownership and control
- Mr Gary Gerald Colleran
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Ian Frederick Johnson
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Robert Wood
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 9 December 20223 yrs ago
- Next accounts due
- 30 September 202626 days overdue
- Confirmation statement due
- 23 December 2026in 58 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62090
- Other information technology service activities
- SIC 63120
- Web portals
- SIC 70100
- Activities of head offices
- SIC 70229
- Management consultancy activities other than financial management
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£64k
+78%vs Dec 2023Not reported
11
+22%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£1.49m | £64k | £1.33m | — | — | — | 11 |
| 31 December 2023 | −£920k | £36k | £154k | — | — | — | 9 |
Cash per employee£5,850Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-1,493,773 at 31 December 2024
- Net assets down 25% or more on the prior period-62.4% vs prior period
- Cash at bank of £50,000 or moreCash £64,350
- Incorporated two to five years agoIncorporated 9 December 2022
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 58 days
- Next accounts due26 days overdue
- Accounts period endNet liabilities £1.49m · small accounts
- Accounts period endNet liabilities £920k · small accounts
- Incorporated
08
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All companies incorporated on 9 December 2022 · in Dec 2022.
09
Reminders for ADVANCE AI LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.