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Advanced Plastics Group Limited

06266375

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ADVANCED PLASTICS LIMITED, HULL, HU7 0YQ
Incorporated 01/06/2007

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/05/2026

Due 05/06/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Christopher James Pearson

director · Since 07/06/2007

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Robert John Anderson

director · Since 07/06/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Jonathan Heasty

secretary · Since 12/11/2025

Mr Jonathan William Heasty

director · Since 12/11/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 4 other boards

Mr Mark Spence

director · Since 12/11/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mr Michael Andrew Hadfield

director · Since 12/11/2025

SALES DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Mr Lindsey Arand

director · Since 12/11/2025

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Advanced Plastics Group (Eot) Limited

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

Advanced Plastics Limited, Bergen Way, Hull, HU7 0YQ

Reg: 16519229 · Registrar Of Companies Of England And Wales · Private Company Limited By Guarantee

Notified 03/10/2025

Former PSCs

Mr Christopher James Pearson

Ceased 03/10/2025

Mr Robert John Anderson

Ceased 03/10/2025

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 12/09/2012Registered 13/09/2012

CompanyRankvs 838+ SIC 70100 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

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

Going Concern Doubt

further growth planned for the future. DIRECTORS The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report. R J Anderson C J Pearson GOING CONCERN The directors have performed a robust assessment of the group's ability to continue as a going concern, considering the principal risks and uncertainties facing the business, including t

Key FinancialsYear ending 31/12/2024

Net Worth

£7.4M

Balance sheet strength

Cash

£989k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£5.4M

Current Liabilities

£3.5M

Fixed Assets

£6.0M

Debtors

£4.4M

Profit After Tax

£2.2M

323avg. employees+6

Tax at Year End

Corp tax£229k
Dividends paid£166k

Balance Sheet

Bank loans & overdrafts£805k
Assets less current liabilities£7.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£2.2M
20231.13+£4.8M
202123.53

Derived from filed accounts. Not audited figures.