Advanced Thermosets Limited
02873072
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 26/10/2025
Due 09/11/2026
Industry
Officers
director · Since 30/11/1993
DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 6 other boards
Persons with Significant Control
Dr Barrie George Colvin
British · England · Age 78
22-26, King Street, King's Lynn, PE30 1HJ
Notified 28/04/2017
Former PSCs
Ifs Chemicals Ltd
Ceased 28/04/2017
Charges1 outstanding
ULTIMATE FINANCE LIMITED
LLOYDS TSB BANK PLC
LONDON & INTERNATIONAL MERCANTILE LIMITED
CompanyRankvs 8948+ SIC 32990 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
-£2.3M
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£3.0M
Working capital
Current Assets
£870k
Current Liabilities
£3.8M
Fixed Assets
£734k
Debtors
£376k
Profit After Tax
-£208k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.23 | +£0 |
| 2025 | 0.23 | -£208k |
| 2024 | 0.25 | -£77k |
| 2023 | 0.21 | -£199k |
| 2022 | 0.20 | -£342k |
| 2021 | 0.16 | -£393k |
| 2020 | 0.17 | — |
Derived from filed accounts. Not audited figures.