UK Companies House feature
ADVANTA SOLUTIONS LTD.
Cash
£52K
-14.8% vs 2021
Net assets
£5M
+6.4% vs 2021
Employees
8
Average over period
Profit before tax
—
Period ending 2022-03-31
Profile
- Company number
- 11051402
- Status
- Active
- Incorporation
- 2017-11-07
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2022-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | — | |
| Cash | £390,378 | £61,156 | £52,093 | |
| Total assets less current liabilities | £6,783,646 | £4,352,229 | £4,625,611 | |
| Net assets | £4,203,962 | £4,283,332 | £4,556,714 | |
| Equity | £4,203,962 | £4,283,332 | £4,556,714 | |
| Average employees | 1 | 0 | 8 | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm that they are satisfied that the Group has adequate resources to continue trading for the foreseeable future for a period of at least 12 months from the date of approval of this report. The Directors have reviewed Group budgets, forecasts and projections taking into account foreseeable changes in investment and trading performance, as well as consideration of worse case outcomes, which show that the Group has sufficient financial resources to meet its current obligations as they fall due for a period of at least 12 months from the date of approval of this report. On this basis, the Directors continue to adopt the going concern basis in preparing the accounts. In reaching this conclusion, the Directors have taken into consideration the expected future cash flows generated from operations and planned acquisitions, as well as the available funding from the Group acquisition facility.”
Subsidiaries
- Advanta Wealth Ltd · 100% held · UK
- Advanta Risk Ltd · 100% held · UK
- Advanta Direct Ltd · 100% held · UK
- Genesis Financial Planning Ltd · 100% held · UK
- Penney & Ruddy Holdings Limited · 100% held · UK
- Penney, Ruddy & Winter Ltd · 100% held · UK
- City Financial Planning Limited · 100% held · UK
- City Financial Planning (Exeter) Limited · 100% held · UK
- SMG Financial Options Limited · 100% held · UK · ceased trading on 11 March 2025; liquidation commenced on 5 September 2025
- MW Wealth Management Limited · 100% held · UK · ceased trading on 11 March 2025; liquidation commenced on 5 September 2025
Significant events
- “In the year to 31 March 2025, the Company completed the following acquisitions and client relationship purchases: Penney & Ruddy Holdings Limited Group (26 April 2024), City Financial Planning Limited Group (15 October 2024), Iain Valentine (client relationships 30 October 2024), C.S.L Asset Management Limited (client relationships 6 December 2024).”
- “SMG Financial Options Limited ceased trading on 11 March 2025. This Company is subject to a members voluntary liquidation which commenced on 5 September 2025 with net assets of £100.”
- “MW Wealth Management Limited ceased trading on 11 March 2025. This Company is subject to a members voluntary liquidation which commenced on 5 September 2025 with net assets of £100.”
- “On 25 November 2025, the Company acquired the entire share capital of the Westcotts Holdings Limited group, which was subsequently renamed Advanta Wealth (South West) Holdings Ltd.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLIFF, Mark | Director | 2022-03-03 | Sep 1961 | British |
| MARSH, Andrew Neil | Director | 2022-03-03 | Jul 1970 | British |
| PEARSON, Mark Robert | Director | 2022-03-03 | Dec 1966 | British |
| THOMAS, Leigh Dean | Director | 2024-09-05 | Sep 1994 | British |
| WEBSTER, Craig Stewart | Director | 2017-11-07 | Dec 1971 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Kenneth David | Director | 2017-12-14 | 2020-01-07 |
| EMAMY, Ali | Director | 2022-10-17 | 2025-11-24 |
| FEENEY, Christopher | Director | 2020-12-22 | 2024-01-10 |
| HEMLEY, Simon David | Director | 2022-03-03 | 2024-01-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Beech Tree Gp Iii Limited (As General Partner On Behalf Of Beech Tree Private Equity Partners Iii, Lp) | Corporate entity | Significant influence | 2020-12-22 | Active |
| Mr Craig Stewart Webster | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-07 | Ceased 2020-12-22 |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-26 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-07 | AA | accounts | accounts with accounts type group |
| 2025-12-09 | TM01 | officers | termination director company with name termination date |
| 2025-09-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-01-03 | AA | accounts | accounts with accounts type group |
| 2024-11-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-10 | AP01 | officers | appoint person director company with name date |
| 2024-04-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-01-29 | TM01 | officers | termination director company with name termination date |
| 2024-01-11 | AA | accounts | accounts with accounts type group |
| 2024-01-10 | TM01 | officers | termination director company with name termination date |
| 2023-11-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-28 | AA | accounts | accounts with accounts type total exemption full |
| 2022-11-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-19 | AP01 | officers | appoint person director company with name date |
| 2022-10-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-04-01 | AP01 | officers | appoint person director company with name date |
| 2022-04-01 | AP01 | officers | appoint person director company with name date |
| 2022-04-01 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory