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Atlantic Plastics Limited

01154347

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

COYTRAHENE CLOSE, BRIDGEND, CF31 2AX
Incorporated 02/01/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20160
Manufacture of plastics in primary forms

Officers

Mr James Ashley Fry

director · Since 01/04/2014

FINANCE DIRECTOR

BRITISH · WALES · Age 50

Also on 1 other board

Mr John Paul Hubbard

director · Since 07/06/2022

REGIONAL DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mr Arnoldus Franciscus Cornelis Kanters

director · Since 07/06/2022

MANAGING DIRECTOR

DUTCH · NETHERLANDS · Age 64

Mr Lars Kudsk

director · Since 07/06/2022

CHIEF FINANCIAL OFFICER

DANISH · DENMARK · Age 66

Ms Stephanie Thomas

secretary · Since 22/07/2024

Persons with Significant Control

Mr Niels Aage Kjær

Significant control

Danish · Denmark · Age 81

Coytrahene Close, Brackla Industrial Estate, Bridgend, CF31 2AX

Notified 07/09/2022

Former PSCs

Talis Holding Central Europe Gmbh

Ceased 31/08/2021

Talis Beteiligungs Gmbh

Ceased 07/09/2022

Avk Holding A/S

Ceased 07/09/2022

Charges0 outstanding

Charge
satisfied

COMMERZBANK FINANCE & COVERED BOND S.A.

Created 26/01/2022Registered 31/01/2022Satisfied 05/10/2022
Charge
satisfied

COMMERZBANK AKTIENGESELLSCHAFT, FILIALE LUXEMBOURG

Created 25/11/2019Registered 04/12/2019Satisfied 31/08/2021
Charge
satisfied

COMMERZBANK AKTIENGESELLSCHAFT, FILIALE LUXEMBURG

Created 12/05/2015Registered 13/05/2015Satisfied 31/08/2021
charge
satisfied

COMMERZBANK AKTIENGESELLSCHAFT, FILIALE LUXEMBURG

Created 10/12/2010Registered 30/12/2010Satisfied 31/08/2021
charge
satisfied

WELSH DEVELOPMENT AGENCY

Created 03/10/2001Registered 10/10/2001Satisfied 26/04/2010
charge
satisfied

BARCLAYS BANK PLC

Created 31/03/2000Registered 12/04/2000Satisfied 02/07/2008
charge
satisfied

BARCLAYS BANK PLC

Created 27/03/2000Registered 12/04/2000Satisfied 15/07/2010
charge
satisfied

MIDLAND BANK PLC

Created 17/03/1997Registered 18/03/1997Satisfied 28/06/2000
charge
satisfied

MIDLAND BANK PLC

Created 05/03/1996Registered 12/03/1996Satisfied 28/06/2000
charge
satisfied

FORWARD TRUST LIMITED

Created 19/12/1995Registered 19/12/1995Satisfied 31/03/2000
charge
satisfied

MIDLAND BANK PLC

Created 15/06/1994Registered 17/06/1994Satisfied 28/06/2000
charge
satisfied

UCB BANK PLC

Created 15/09/1992Registered 26/09/1992Satisfied 31/03/2000
charge
satisfied

UCB BANK PLC

Created 15/09/1992Registered 26/09/1992Satisfied 31/03/2000
charge
satisfied

FORWARD TRUST LTD

Created 24/07/1992Registered 25/07/1992Satisfied 31/03/2000
charge
satisfied

FORWARD TRUST LIMITED

Created 29/07/1991Registered 30/07/1991Satisfied 31/03/2000
charge
satisfied

FORWARD TRUST LIMITED

Created 15/12/1989Registered 18/12/1989Satisfied 31/03/2000
charge
satisfied

LLOYDS BANK PLC

Created 16/04/1984Registered 25/04/1984Satisfied 01/10/1994
charge
satisfied

BARCLAYS BANK PLC

Created 18/12/1981Registered 29/12/1981
charge
satisfied

BARCLAYS BANK PLC

Created 12/09/1980Registered 19/09/1980

CompanyRankvs 23+ SIC 20160 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.89× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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89
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23Atlantic Plastics Limited
82
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2023

Turnover

£30.3M

Annual revenue

Net Worth

£11.3M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£4.7M

Bottom line earnings

Net Current Assets

£5.8M

Working capital

Current Assets

£12.3M

Current Liabilities

£6.5M

Fixed Assets

£6.0M

Debtors

£6.1M

Cost of Sales

£22.8M

Gross Profit

£7.5M

Admin Expenses

£1.7M

Operating Profit

£4.7M

Profit After Tax

£3.5M

155avg. employees

Tax at Year End

Dividends paid£2.8M

People Costs

NI contributions£466k

Balance Sheet

Total assets£5.4M
Assets less current liabilities£11.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.89

Derived from filed accounts. Not audited figures.