AVANTIS WEALTH LTD
Company number 08292970 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
AVANTIS WEALTH LTD presents an irrecoverable investment risk as the company is in liquidation with negative net assets of £167,626. The financial structure is dominated by circular related-party transactions between entities controlled by director Mr R M Thomas, with £497,668 owed by one related entity and £848,977 owed to another, raising serious concerns about asset recoverability and the arm's-length nature of these arrangements. No investment thesis can be supported for a company in formal insolvency proceedings with these governance characteristics.
Shareholders' funds
-£167,726
Balance sheet as at 2021-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-11-14
- Registered office
- C/O Rrs S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG
- Postcode
- EC2V 7BG
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2021-03-31
- Next due by
- 2022-12-31 Overdue
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2021-08-10
- Next due by
- 2022-08-24 Overdue
Nature of business (SIC)
- 64999 Financial intermediation not elsewhere classified
- 66190 Activities auxiliary to financial intermediation not elsewhere classified
Officers 1 current · 2 resigned
Contact details
- Website
- avantiswealth.com
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 8 THE DRIVE HOVE, EAST SUSSEX, BN3 3JA, ENGLAND | 2020-10-15 |
| 4A GILDREDGE ROAD, EASTBOURNE, EAST SUSSEX, BN21 4RL, ENGLAND | 2019-12-20 |
| 4A GILDREDGE ROAD, EASTBOURNE, BN21 4RL | 2018-11-22 |
The class of 2012
29%
of the 2,763 companies in this sector incorporated in 2012 are still active today; 68% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.