Advanced Plastics (Nw) Limited
08634418
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/06/2022
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
director · Since 30/06/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 3 other boards
secretary · Since 12/11/2025
director · Since 12/11/2025
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 4 other boards
director · Since 12/11/2025
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 4 other boards
director · Since 12/11/2025
SALES DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 5 other boards
director · Since 12/11/2025
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 4 other boards
Persons with Significant Control
Advanced Plastics (Intermediate 1) Limited
28, Standard Way, Fareham, PO16 8XG
Reg: 06812549 · England And Wales · Limited Company
Notified 06/04/2016
Former PSCs
Mr Ian Hunter
Ceased 30/06/2016
Mr Stephen William Hall
Ceased 30/06/2016
Charges3 outstanding
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 43+ SIC 22210 peers59
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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
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
the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 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
£784k
Balance sheet strength
Cash
£206k
Cash in the bank
Net Current Assets
£574k
Working capital
Current Assets
£1.1M
Current Liabilities
£527k
Fixed Assets
£279k
Debtors
£686k
Profit After Tax
-£160k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.09 | -£160k |
| 2023 | 2.70 | +£114k |
| 2022 | 2.56 | +£346k |
| 2021 | 1.52 | +£210k |
| 2020 | 1.46 | +£107k |
| 2019 | 1.33 | +£102k |
| 2018 | 1.05 | — |
Derived from filed accounts. Not audited figures.