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Adhesives Direct Uk Limited

02943163

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SHENSTONE DRIVE, WALSALL, WS9 8TP
Incorporated 27/06/1994

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

19/03/2026

Overdue

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

20590
Manufacture of other chemical products

Officers

Mr Xavier Desimpel

director · Since 30/08/2024

COMPANY DIRECTOR

BELGIAN · BELGIUM · Age 57

Mr Phillip Denham Lee

director · Since 30/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Persons with Significant Control

Gluecom Uk Limited

75–100% shares
75–100% votes
Appoint directors

Shenstone Drive, Aldridge, Walsall, WS9 8TP

Reg: 13890315 · England And Wales · Limited Company

Notified 30/08/2024

Mr Louis Hubert Piette

25–50% shares

Belgian · Belgium · Age 32

Shenstone Drive, Aldridge, Walsall, WS9 8TP

Notified 30/08/2024

Former PSCs

Mrs Joan Lesley Braithwaite

Ceased 30/08/2024

Mr Kevin John Braithwaite

Ceased 30/08/2024

CompanyRankvs 168+ SIC 20590 peers
78

Financial strength70th percentile among SIC peers · 18/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£328k

Balance sheet strength

Cash

£239k

Cash in the bank

Net Current Assets

£333k

Working capital

Current Assets

£596k

Current Liabilities

£263k

Fixed Assets

£7k

Debtors

£248k

3avg. employees-1

Tax at Year End

Corp tax£84k

Balance Sheet

Assets less current liabilities£341k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.27+£211k
20231.32+£11k
20221.31+£29k
20211.29+£60k
20201.03+£8k
20190.98

Derived from filed accounts. Not audited figures.