# ADVANCE AI LTD (14531716)

> 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).

- Status: Active
- Incorporated: 2022-12-09
- Registered office: Abbotsley, PE19 6TY
- 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
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-23
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 4,928 comparable companies in Other (median £2,628, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£1.49m | £64k | £1.33m | — | — | — | 11 |
| 2023-12-31 | −£920k | £36k | £154k | — | — | — | 9 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net 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 more: Cash £64,350
- Incorporated two to five years ago: Incorporated 9 December 2022
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Gary Gerald Colleran — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-12-09
- Mr Ian Frederick Johnson — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-02-02
- Mr Robert Wood — owns 25–50% of shares, since 2024-05-08

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14531716
HTML: https://firmoscan.com/company/14531716-advance-ai-ltd