UK Companies House feature
ADVANTA WEALTH LTD
Cash
£2M
+67.1% vs 2020
Net assets
£5M
+153.7% vs 2020
Employees
33
+17.9% vs 2020
Profit before tax
—
Period ending 2021-03-31
Profile
- Company number
- SC433830
- Status
- Active
- Incorporation
- 2012-10-02
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2021-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £1,243,327 | £2,077,802 | |
| Total assets less current liabilities | £1,785,605 | £4,569,854 | |
| Net assets | £1,785,605 | £4,530,790 | |
| Equity | £1,785,605 | £4,530,790 | |
| Average employees | 28 | 33 | |
| 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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm that they are satisfied that the Company 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 Company 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 Company 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.”
Significant events
- “During the year, the Company acquired the client relationships of Iain Valentine on 30 October 2024 for £279k and the client relationships of C.S.L Asset Management Limited on 6 December 2024 for £181k, which includes an estimate of deferred consideration recognised at its present value.”
- “No dividends were declared during the period (2024: £2,500k declared to the immediate parent company, Advanta Solutions Ltd).”
- “On 26 April 2024, a composite guarantee and debenture was created in favour of Beech Tree GP III Limited (As Security Trustee) and registered at Companies House under the reference SC43 3830 0005. This charge was satisfied on 16 October 2024.”
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
7 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLIFF, Mark | Director | 2023-10-04 | Sep 1961 | British |
| D'ARCY, Kevin James | Director | 2025-02-28 | Feb 1987 | British |
| HUGHES, Christopher Michael | Director | 2023-10-04 | Jan 1991 | British |
| PEARSON, Mark Robert | Director | 2022-09-02 | Dec 1966 | British |
| PIGGOT, Gillian Clare | Director | 2021-05-06 | Mar 1986 | British |
| SEATH, Gregory | Director | 2025-02-28 | Apr 1970 | British |
| WEBSTER, Craig Stewart | Director | 2015-10-22 | Dec 1971 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Kenneth David | Director | 2012-10-02 | 2017-12-14 |
| EMAMY, Ali | Director | 2023-01-06 | 2025-11-24 |
| FEENEY, Christopher | Director | 2019-11-01 | 2023-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Advanta Solutions Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-14 | Active |
| Mr Kenneth David Anderson | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2017-12-14 |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-08 | AA | accounts | accounts with accounts type full |
| 2025-12-09 | TM01 | officers | termination director company with name termination date |
| 2025-09-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-04 | AP01 | officers | appoint person director company with name date |
| 2025-03-04 | AP01 | officers | appoint person director company with name date |
| 2025-01-13 | AA | accounts | accounts with accounts type full |
| 2024-10-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-10-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-10-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-04-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-01-24 | CH01 | officers | change person director company with change date |
| 2024-01-10 | AA | accounts | accounts with accounts type full |
| 2023-11-28 | TM01 | officers | termination director company with name termination date |
| 2023-10-19 | AP01 | officers | appoint person director company with name date |
| 2023-10-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-18 | AP01 | officers | appoint person director company with name date |
| 2023-01-10 | AA | accounts | accounts with accounts type small |
| 2023-01-06 | AP01 | officers | appoint person director company with name date |
| 2022-12-30 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
36.4
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 25
- Headcount trajectory 68
- Accounts trajectory 100
- 3 filing(s) in last 12 months
- 0 appointed, 1 resigned (12mo)
- Employees +18% YoY
- Net Assets +154% YoY