Avance Group Limited

Avance Group Limited is a small, active company based in Leighton Buzzard, UK, founded three years ago. It’s a solo-founder operation with one director and one employee, holding a real registered address. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, Avance Consulting, positions itself as a global talent solutions provider, connecting businesses with exceptional talent. It offers a wide range of services, including permanent hires, contract freelancers, and managed service provider solutions across various industries like IT, automotive, banking, and healthcare. The site showcases its global presence with offices in North America, Europe, Oceania, and Asia, and emphasizes its expertise in talent acquisition, employer branding, and candidate support. It’s clear Avance is focused on being a recruitment agency, not an e-commerce business.

Financially, Avance Group Limited shows a mixed picture. While assets remain at £11,098, cash bank on hand has plummeted by a staggering 91%, falling to just £160. Equity has also taken a hit, dropping 66% to -£1,600. Creditors have decreased by 36%, suggesting some improvement in debt management, but the significant drop in cash and the negative equity are concerning. Trade debtors have increased, which could mean they are struggling to get paid. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests it’s burning through cash. There's no mention of an auditor, likely due to its small size, so the financial statements are unaudited.

Overall, Avance Group Limited appears to be a small, growing company facing financial challenges. While its recruitment services seem to be in demand, it needs to address its cash flow situation to ensure its long-term sustainability.

Registered in England/Wales under the registration number 13500869, with a registered address at LU7 3JB, England, Leighton Buzzard, Knolls Lodge, Plantation Road.

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