Advancy Limited

Advancy Ltd from London UK: a small company with an active status, was founded eight years ago in 2017. It employs 28 people and holds £4,556,574 in assets. The company has two directors, no owners reported, and boasts a perfect 5.0 Google rating based on three reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The company operates as a management consultancy, offering expertise across various sectors including chemicals, construction, and pharmaceuticals. Its website showcases a range of services, from strategic planning to supply chain optimization, catering to international clients. Advancy has offices in Paris, Shanghai, and New York, among others, and emphasizes a results-oriented approach, leveraging data-driven analysis and actionable recommendations. The website’s design is professional, with a focus on showcasing client testimonials and thought leadership content.

Financially, Advancy Ltd presents a mixed picture. While current assets remained relatively stable at £4,600,000, net assets decreased by 17%, settling at £2,900,000. Cash reserves took a significant hit, dropping 25% to £410,000. Trade debtors increased by 2.9%, suggesting a potential shift in payment terms or increased sales on credit. Bank borrowings rose sharply, increasing by 2,400% to £29,000, which could indicate increased financing needs. Depreciation impairment on property, plant, and equipment also increased significantly, by 92%, potentially reflecting investments in new assets. The lack of an auditor mentioned, likely due to its small company status, means the figures are unaudited.

Overall, Advancy Ltd seems to be facing some financial pressures despite its strong reputation and international presence. The decrease in cash reserves and increase in borrowings could be a result of expansion or investment, but it’s something to keep an eye on. The company's reliance on a small number of clients, as indicated by the limited number of Google reviews, could also make it vulnerable to market fluctuations.

Registered in England/Wales under the registration number 10548420, with a registered address at SW1Y 4QU, United Kingdom, London, Savannah House, 12 Charles Ii Street.

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