ADVANCE WINDPOWER LTD

CALDERGROVE HOUSE 4 LINNET WAY, STRATHCLYDE BUSINESS PARK, BELLSHILL, LANARKSHIRE, ML4 3RA

Company Number: SC451147
Incorporation date: 30-May-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines





SUMMARY

This company is 10.8 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -667.2 thousand which has worsened since the previous year's figure of GBP -658.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -8.4 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -667.3 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 38 other companies, 10 (26.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: TOTAL EXEMPTION FULL (31-May-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2022 GBP 8,031 14,603 681,816 100 -667,313 -667,213
31-May-2021 GBP 7,690 14,235 673,037 100 -658,902 -658,802
31-May-2020 GBP 3,382 10,340 645,697 100 -635,457 -635,357
31-May-2019 GBP 6,371 12,659 624,016 100 -611,457 -611,357
31-May-2018 GBP 7,174 16,871 617,695 100 -600,924 -600,824
31-May-2017 GBP 100 9,671 586,888 100 -577,317 -577,217
31-May-2016 GBP 4,843 10,226 432,570 100 -422,444 -422,344
31-May-2015 GBP 8,936 16,425 360,523 100 -344,198 -344,098
31-May-2014 GBP 100 195,457 100 -195,457 -195,357

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Thomas DIGNALL 28 Oct 2013 28 Mar 2024 British 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Thomas Bryce DIGNALL 28 Oct 2013 Director British 14 - 43 (16.7%)
Active James Martin SHIELDS 28 Oct 2013 Director Irish 20 - 87 (25.0%)
Active Alexander Barnard Milne BOYD 30 May 2013 Geologist British 3 - 64 (44.4%)
Active Gregory David ELLIOT 30 May 2013 Director Australian 1 - 00 (0.0%)
Resigned Joseph BERTONY 30 May 2013 07 Apr 2019 Design Engineer British 0 - 10 (0.0%)
Number of active directors: 4
Average tenure of active directors: 10.6 years
Average tenure of resigned directors: 5.9 years
Average active director Dissolution Rate: 21.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NPL GEOTECHNICS LIMITED (04673428) - Active
BRITISH SHOOTING (06124776) - Active
BOYDCOCKBURN LIMITED (08734558) - Dissolved
CORNEILLE LTD (09338634) - Active
OMNI EGIS LTD (10183367) - Active
ADVANCE PRIMESITE (BANGOUR) LTD (10829111) - Active
ADVANCE UTILITIES (SCOTLAND) LTD (SC157842) - Active
GPR INTERNATIONAL LIMITED (SC183596) - Active
JMS PLANT HIRE LIMITED (SC191902) - Active
ADVANCE CONSTRUCTION (SCOTLAND) LIMITED (SC202570) - Active
ADVANCE CONSTRUCTION GROUP LIMITED (SC202571) - Active
DOUBLE TEE LIMITED (SC263347) - Dissolved
GPR GROUNDWORKS LTD. (SC264644) - Liquidation
MONTGOMERY PROPERTY DEVELOPMENTS LIMITED (SC271763) - Active
NPL ENVIRONMENTAL LTD. (SC276091) - Active
LAND DEAL 1 LIMITED (SC327984) - Dissolved
LAND ASPECT LIMITED (SC330810) - Dissolved
JT CORNEILLE LIMITED (SC330825) - Dissolved
STUDIO IMAGE (SCOTLAND) LIMITED (SC339601) - Dissolved
ROCKSOIL LTD (SC342597) - Dissolved
CALEB PROJECTS LTD (SC407160) - Active
ADVANCE QUARRIES LTD (SC409106) - Active
COGEN ENERGY (UK) LTD (SC434291) - Dissolved
STRUCTURESEAL SERVICES LIMITED (SC438609) - Active
ADVANCE WINDPOWER LTD (SC451147) - Active
VIVA268 LIMITED (SC451440) - Dissolved
ADVANCE VEHICLE RENTAL SCOTLAND LTD (SC477505) - Active
ADVANCE FLOORING SOLUTIONS LTD (SC492317) - Active
ADVANCE FREEHOLD LTD (SC492924) - Active
APSIS HOMES (CLYDE VALLEY) LTD (SC500299) - Active
COMSOL ENERGY LIMITED (SC511282) - Active
LINNET DEVELOPMENTS LIMITED (SC515980) - Active
WINDSTONE MANAGEMENT LTD (SC537175) - Active
ADVANCE CONSTRUCTION (GD) LTD (SC565019) - Active
ADVANCE TRAINING (SCOTLAND) LIMITED (SC643144) - Active
AC LAND REGENERATION LIMITED (SC705198) - Active
WRS STRUCTURES LIMITED (SC713325) - Active - Proposal to Strike off
CONCRETE PRINTING SERVICES LIMITED (SC734654) - Active
ADVANCE GRID SOLUTIONS LIMITED (SC744757) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ADVANCE WINDPOWER LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CUMMINS LTD. 3RD FLOOR 10 EASTBOURNE TERRACE, PADDINGTON, LONDON, ENGLAND, W2 6LG 00573951 2017-12-31 1,881,633,000 203,163,000
PERKINS ENGINES COMPANY LIMITED EASTFIELD, FRANK PERKINS WAY, PETERBOROUGH, PE1 5FQ 02089227 2017-12-31 1,462,211,000 23,593,000
MHI VESTAS OFFSHORE WIND UK LTD GROUND FLOOR 301 BRIDGEWATER PLACE, BIRCHWOOD PARK, WARRINGTON, CHESHIRE, UNITED KINGDOM, WA3 6XF 05798594 2018-03-31 719,434,000 3,000,000
SIEMENS INDUSTRIAL TURBOMACHINERY LIMITED C A PARSONS WORKS, SHIELDS ROAD, NEWCASTLE UPON TYNE, ENGLAND, NE6 2YL 04729734 2018-09-30 294,836,000 18,700,000 70100-Activities of head offices
RWG (REPAIR & OVERHAULS) LIMITED SIR IAN WOOD HOUSE HARENESS ROAD, ALTENS INDUSTRIAL ESTATE, ABERDEEN, SCOTLAND, AB12 3LE SC120673 2017-12-31 159,105,000 16,858,000
JCB POWER SYSTEMS LIMITED LAKESIDE WORKS, ROCESTER, UTTOXETER, STAFFORDSHIRE, ST14 5JP 04797821 2017-12-31 153,022,000 2,912,000
MHI VESTAS OFFSHORE WIND BLADES UK LTD WEST MEDINA MILLS, STAG LANE, NEWPORT, ISLE OF WIGHT, PO30 5TR 09170456 2018-03-31 71,209,000 2,196,000 33190-Repair of other equipment
W B POWER SERVICES LIMITED HEANOR GATE ROAD, HEANOR, DERBYSHIRE, ENGLAND, DE75 7RJ 02120023 2018-04-30 17,239,051 0 30200-Manufacture of railway locomotives and rolling stock
SIMON BEATSON RACING LIMITED NIDD LODGE SHROPHAM ROAD, GREAT HOCKHAM, THETFORD, ENGLAND, IP24 1NL 10498458 2018-11-30 50,712 0
BELLTECH ENGINEERING LTD 234 SEAFIELD ROAD, BOURNEMOUTH, ENGLAND, BH6 5LL 04148641 2018-01-31 21,122 0 33190-Repair of other equipment
59200-Sound recording and music publishing activities
62020-Information technology consultancy activities

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ADVANCE WINDPOWER LTD 0.7% 3.8% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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