Advance Screeding Uk Limited

Advance Screeding Uk Limited, based in Swanley, UK, is a small, active company founded thirteen years ago in 2011. With ten employees and £2,154,032 in assets, it operates from a virtual address shared by 115 other companies, a fact that raises some questions. The company is led by three directors and owned by Cottam Victor John. It boasts a stellar 5.0-star Google rating based on one review, and is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago in September 2018.

Advance Screeding specializes in floor and wall coverings, offering services ranging from traditional sand and cement screeding to resin floor finishes. The company’s website highlights its experience working on major projects across various sectors, including education, healthcare, and retail. It’s an approved installer for several leading manufacturers like Mapei and Ardex, and even offers UFH system design and installation. The site also showcases its commitment to quality, with operatives holding NVQ2 qualifications and a focus on minimizing CO emissions. It’s clear that Advance Screeding aims to provide expert advice and value for money to its clients.

Financially, the picture is mixed. While cash reserves increased by a healthy 40% to £1,100,000, current assets also rose by 13% to £2,200,000. However, net assets plummeted 73% to £780,000—a significant drop. Bank borrowings increased by 30% to £30,000, and creditors decreased by 8.8% to £1,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp equity decline is concerning. There's no auditor mentioned, which is typical for small companies. The increase in average employees reported (from 10 to 14) suggests a period of growth, but also potentially increased costs. Overall, Advance Screeding seems to be navigating a period of change, balancing growth with financial pressures.

Registered in England/Wales under the registration number 07673590, with a registered address at BR8 7PA, Swanley, Kent, The Old Barn Off Wood Street, Swanley Village.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.