Advance Flooring Solutions Ltd
Registered name: ADVANCE FLOORING SOLUTIONS LTD
Advance Flooring Solutions Ltd made £15.3m revenue and £916k profit in the year to 28 Nov 2024. read from filing text
Advance Flooring Solutions Ltd’s revenue fell 6% to £15.3m in the year to 28 Nov 2024, with £916k profit and 25 employees. The company is classified under “site preparation” and is based in Bellshill; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bellshill, Scotland
- Age
- 11 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 28 Nov 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £16.2m | £15.3m |
| Cost of sales | — | £13.4m | £13.1m |
| Gross profit | — | £2.8m | £2.2m |
| Operating profit | — | £2m | £1.2m |
| Profit before tax | — | £2m | £1.2m |
| Profit after tax | — | £1.5m | £916k |
| Profit (best available) | — | £1.5m | £916k |
| Staff costs | — | £1.3m | £1.3m |
| Employees (average) | 27 | 25 | 25 |
| Ratios | |||
| Profit margin | — | 9.3% | 6% |
| Gross margin | — | 17.4% | 14.6% |
| Revenue per employee | — | £650k | £614k |
| Profit per employee | — | £60.6k | £36.7k |
| Cash conversion | — | −69.1% | −140.2% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼5.6% |
| Profit growth | — | — | ▼39.5% |
| Headcount growth | — | ▼7.4% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.1m | £2.6m | £1.7m |
| Net assets | £2.3m | £3.2m | £2.2m |
| Fixed assets | £818k | £771k | £894k |
| Current assets | £4.6m | £6.8m | £5.7m |
| Debtors | £1.2k | £0 | £4m |
| Deferred income | — | £288k | £1m |
| Cash from operations | — | −£1.4m | −£1.7m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 14.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £614k
- Revenue ÷ average employees.
- Profit per employee
- £36.7k
- Profit ÷ average employees.
- Cash conversion
- −140.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 26.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼31%
- Now £2.2m
- Cash at bank
- ▼36%
- Now £1.7m
- Headcount
- 0%
- Now 25
- Deferred income
- ▲251%
- Now £1m
- Fixed assets
- ▲16%
- Now £894k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Staff
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 28 Nov 2024 (profit £916k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.