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Advanced Plastics (Intermediate 1) Limited

06812549

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

28 STANDARD WAY, FAREHAM, PO16 8XG
Incorporated 06/02/2009

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

70100
Activities of head offices
77400
Leasing of intellectual property and similar products

Officers

Mr Christopher James Pearson

director · Since 30/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Robert John Anderson

director · Since 30/06/2022

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 Limited

75–100% shares
75–100% votes

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

Reg: 06266375 · Companies House · Private Limited Company

Notified 30/06/2022

Former PSCs

Mr Ian Hunter

Ceased 30/06/2022

Mr Stephen William Hall

Ceased 30/06/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/06/2022Registered 13/07/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/06/2022Registered 30/06/2022

CompanyRankvs 8024+ SIC 70100 peers
33

Financial strength35th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.28× · 12/20
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 strength9/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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

Advanced Plastics (Intermediate 1) Limited (Registered number: 06812549) Notes to the Financial Statements - continued for the year ended 31st December 2024 2. ACCOUNTING POLICIES - continued Going concern The directors have performed a robust assessment of the company's ability to continue as a going concern, considering the principal risks and uncertainties facing the business, including

Key FinancialsYear ending 31/12/2024

Net Worth

£200

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£560k

Working capital

Current Assets

£2.6M

Current Liabilities

£2.0M

Debtors

£2.5M

0avg. employees

Tax at Year End(2021)

Dividends paid£920k

Balance Sheet

Assets less current liabilities£560k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.28
20231.35
20221.49
201924.85
201814.38

Derived from filed accounts. Not audited figures.