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Adreco Limited

01312605

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

17-19 AVANT BUSINESS CENTRE, MILTON KEYNES, MK1 1DR
Incorporated 04/05/1977

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

22290
Manufacture of other plastic products
24450
Other non-ferrous metal production
28290
28290
32990
Other manufacturing

Officers

Mr Samuel Thomas Hill

director · Since 04/12/2012

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mrs Penelope Jane Hill

director · Since 24/10/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Robert Hill

director · Since 24/10/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 5 other boards

Mr Feng Gao

director · Since 01/03/2019

DIRECTOR

CHINESE · ENGLAND · Age 61

Mrs Lorna Leonard

secretary · Since 14/11/2023

Persons with Significant Control

Sth Plastics Ltd

75–100% shares
75–100% votes

Upperbrook Farm, Atlow, Ashbourne, DE6 1NS

Reg: 8183046 · England & Wales · Limited

Notified 30/09/2016

Mr Samuel Thomas Hill

50–75% shares
Appoint directors

British · England · Age 52

17-19, Avant Business Centre, Milton Keynes, MK1 1DR

Notified 08/09/2025

Former PSCs

Mr Samuel Thomas Hill

Ceased 08/09/2025

Charges5 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 03/07/2025Registered 04/07/2025
Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF ADRECO PENSION SCHEME, SAMUEL HILL AS TRUSTEE OF AD

Created 19/05/2025Registered 28/05/2025
Charge
outstanding

HSBC UK BANK PLC

Created 23/07/2024Registered 29/07/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 10/05/2024Registered 15/05/2024
Charge
outstanding

HSBC UK BANK PLC

Created 13/02/2024Registered 14/02/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 14/02/2022Registered 15/02/2022Satisfied 01/07/2024
Charge
satisfied

VICARAGE MANAGEMENT NO 1 LIMITED

Created 29/10/2021Registered 01/11/2021Satisfied 21/04/2023
Charge
satisfied

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF ADRECO PENSION SCHEME · SAMUEL HILL AS TRUSTEE OF ADRECO PENSION SCHEME

Created 13/12/2019Registered 23/12/2019Satisfied 17/12/2024
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 25/02/2019Registered 26/02/2019Satisfied 08/02/2022
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 25/02/2019Registered 26/02/2019Satisfied 08/02/2022
Charge
satisfied

SAMUEL HILL AS TRUSTEE OF ADRECO PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF ADRECO PENSION SCHEME

Created 22/08/2017Registered 25/08/2017Satisfied 28/05/2025
Charge
satisfied

HSBC BANK PLC

Created 08/03/2017Registered 09/03/2017Satisfied 08/02/2022
Charge
satisfied

SAMUEL HILL AS TRUSTEE OF ADRECO PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE AS ADRECO PENSION SCHEME

Created 22/12/2015Registered 07/01/2016Satisfied 01/02/2022
Charge
satisfied

SAMUEL HILL AS TRUSTEE OF THE ADRECO PENSION SCHEME · ADRECO PENSION SCHEME

Created 25/10/2013Registered 06/11/2013Satisfied 01/02/2022
charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 04/03/2013Registered 11/03/2013Satisfied 04/06/2015
charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 04/03/2013Registered 11/03/2013Satisfied 04/06/2015
charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 06/03/2013Registered 08/03/2013Satisfied 20/02/2019
charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 30/11/2012Registered 13/12/2012Satisfied 20/02/2019
charge
satisfied

MIDLAND BANK PLC

Created 16/09/1983Registered 27/09/1983Satisfied 17/10/2012
charge
satisfied

MIDLAND BANK LTD

Created 31/01/1982Registered 11/02/1982Satisfied 17/10/2012

CompanyRankvs 738+ SIC 22290 peers
68

Financial strength81th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£789k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£631k

Working capital

Current Assets

£1.6M

Current Liabilities

£950k

Fixed Assets

£644k

Debtors

£1.5M

12avg. employees

Tax at Year End(2024)

VAT£72k

Director Loans(2021)

Directors owe company£20k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.66-£75k
20241.64+£53k£1.4M
20231.80-£145k
20221.82+£1k
20212.19+£464k£2.2M
20202.25+£907£1.6M
20192.55-£29k£608k
20182.57£396k

Derived from filed accounts. Not audited figures.