Advance Spares Limited
- Small
- Active
- 39 years
- 9 employees
- £4,764,737 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Advance Spares Ltd, based in Wrexham, UK, is a small, active company established 39 years ago. With nine employees and £4,764,737 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports iron or steel products (160 months) and exports copper and copper products (174 months), indicating a focus on industrial components.
The company's website reveals a specialized business: manufacturing and supplying spare parts for Applied Materials ion implanters, particularly the PI9500xR and xR200S series. It focuses on electromechanical assemblies and electronic PCB remanufacture, offering 3D CAD designed and CNC machined parts, complete assemblies, sensors, and PCBs. Advance Spares also provides reverse engineering and refurbishment services, collaborating with customers to reduce obsolescence. The website highlights a commitment to quality and cost-effectiveness, targeting a niche market within the semiconductor equipment industry.
Financially, Advance Spares Ltd presents a mixed picture. Cash reserves increased by a healthy 25% to £1,800,000, but trade debtors saw a significant drop of 22%, falling to £1,100,000—suggesting potential issues with customer payments. Creditors also decreased by 14%, to £290,000, which could indicate improved debt management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the drop in debtors is something to keep an eye on. Property plant and equipment also increased by 10%, to £550,000, suggesting investment in its manufacturing capabilities. The company is exempt from an audit, so the figures are unaudited. Overall, Advance Spares Ltd appears to be a stable, albeit small, operation, but the decrease in debtors warrants further investigation.
Registered in England/Wales under the registration number 02013999, with a registered address at LL14 6HA, Wrexham, Clwyd, Unit 21 Vauxhall Industrial Estate, Ruabon.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 9 pages pdf report
-
Confirmation statement made on 2024-09-03 with no updatesDownload 3 pages pdf report
-
Confirmation statement made on 2024-04-18 with updatesDownload 4 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Advance Spares Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!