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ADVANCE ACCOUNTANCY LIMITED Financials

Company number
10124243Copy
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Registered office
71 - 73 Hoghton Street, Southport, Merseyside PR9 0PR
Incorporated
14/04/2016

Company snapshot

Status
Active
Employees
16 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£468.50K2025
6.88%vs 2024

2024: £438.36K

Total Assets

£958.02K2025
-2.55%vs 2024

2024: £983.06K

Cash in Bank

£52.77K2025
35.12%vs 2024

2024: £39.05K

Total Liabilities

£451.41K2025
-9.61%vs 2024

2024: £499.41K

Employees

162025
-1vs 2024

2024: 17

In 2025, ADVANCE ACCOUNTANCY LIMITED reported net assets of £468.50K. The same filing shows total assets of £958.02K, cash in bank of £52.77K and total liabilities of £451.41K. Reported headcount was 16 in 2025. Total Liabilities fell from £499.41K in 2024 to £451.41K in 2025 (-9.61%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£468.50K2025
6.88%from £438.36K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures ADVANCE ACCOUNTANCY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£427.00K2023£468.50K2025
+9.7%vs 2023

+4.7% a year compound (CAGR)

Cash in Bank

£72.91K2023£52.77K2025
-27.6%vs 2023

-14.9% a year compound (CAGR)

Total Assets

£1.03M2023£958.02K2025
-7.4%vs 2023

-3.7% a year compound (CAGR)

Total Liabilities

£556.66K2023£451.41K2025
-18.9%vs 2023

-9.9% a year compound (CAGR)

Employees

172023162025
-5.9%vs 2023-1

Biggest increase

Net Assets+9.7%

£427.00K in 2023 to £468.50K in 2025

Biggest decrease

Cash in Bank-27.6%

£72.91K in 2023 to £52.77K in 2025

ADVANCE ACCOUNTANCY LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ADVANCE ACCOUNTANCY LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
48.90%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
47.12%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
11.69%2025

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
5.51%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ADVANCE ACCOUNTANCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£304.87K352.82K427.00K438.36K468.50K
Total Assets£1.07M1.04M1.03M983.06K958.02K
Cash in Bank£85.78K105.82K72.91K39.05K52.77K
Total Liabilities£724.80K636.09K556.66K499.41K451.41K
Employees1717171716

ADVANCE ACCOUNTANCY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has ADVANCE ACCOUNTANCY LIMITED filed financial statements?

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Yes. Okredo holds filed figures for ADVANCE ACCOUNTANCY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did ADVANCE ACCOUNTANCY LIMITED report in 2025?

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ADVANCE ACCOUNTANCY LIMITED reported net assets of £468.50K for 2025. That compares with £438.36K in 2024, a change of 6.88%.

What total assets did ADVANCE ACCOUNTANCY LIMITED report in 2025?

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ADVANCE ACCOUNTANCY LIMITED reported total assets of £958.02K for 2025. That compares with £983.06K in 2024, a change of -2.55%.

What cash in bank did ADVANCE ACCOUNTANCY LIMITED report in 2025?

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ADVANCE ACCOUNTANCY LIMITED reported cash in bank of £52.77K for 2025. That compares with £39.05K in 2024, a change of 35.12%.

How many people does ADVANCE ACCOUNTANCY LIMITED employ?

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ADVANCE ACCOUNTANCY LIMITED reported 16 employees in 2025, compared with 17 in 2024.

How have ADVANCE ACCOUNTANCY LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, ADVANCE ACCOUNTANCY LIMITED's net assets rose by 9.7%, cash in bank fell by 27.6%, total assets fell by 7.4% and total liabilities fell by 18.9%. Net assets compounded at 4.7% a year across the two years to 2025, from £427.00K to £468.50K. Reported headcount went from 17 in 2023 to 16 in 2025 (-1).

Which years of ADVANCE ACCOUNTANCY LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.