Company Overview
Advanced Plastics Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 23 October 1992, so this is a well established company. Advanced Plastics Limited has been in business for 33 years and 5 months. The accounts status is medium and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Advanced Plastics, Bergen Way, Hull, HU7 0YQ
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Companies House Data
Company NameADVANCED PLASTICS LIMITED
Company Number02758361
Registered Office AddressAdvanced Plastics
 Bergen Way
 HU7 0YQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/10/1992
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryMEDIUM
Returns Next Due Date20/11/2016
Returns Last Made Up Date23/10/2015
Previous Company NameChanged Date
ADVANCED PLASTICS & COMPOSITES LIMITED05 Sep 2009
Directors & Members
Show Resigned
Robert Anderson - Director
(British, 62 years old, born May 1964)
Appointed 30 October 1992
 Active
Lindsey Arand - Director
(British, 56 years old, born February 1970)
Appointed 12 November 2025
 Active
Michael Hadfield - Director
(British, 60 years old, born May 1966)
Appointed 12 November 2025
 Active
Jonathan Heasty - Director
(British, 37 years old, born July 1989)
Appointed 12 November 2025
 Active
Christopher Pearson - Director
(British, 57 years old, born January 1969)
Appointed 13 June 2007
 Active
Mark Spence - Director
(British, 53 years old, born August 1973)
Appointed 12 November 2025
 Active
Secretaries
Show Resigned
Jonathan Heasty - Secretary
Appointed 12 November 2025
 Active
Other Company Directorships
Robert Anderson
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP LIMITED
Lindsey Arand
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP LIMITED
Michael Hadfield
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP LIMITED
Jonathan Heasty
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP LIMITED
HEASTY PROPERTY LIMITED
Christopher Pearson
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP (EOT) LIMITED
ADVANCED PLASTICS GROUP LIMITED
PEARSON HOLDINGS & INVESTMENTS LTD
Mark Spence
ADVANCED PLASTICS (INTERMEDIATE 1) LIMITED
ADVANCED PLASTICS (NW) LIMITED
ADVANCED PLASTICS (SOUTH) LIMITED
ADVANCED PLASTICS GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 5,013,576 5,013,576 5,232,616
Current Assets 10,102,472 10,102,472 9,596,610
Creditors Due Within One Year 5,602,470 5,602,470 4,428,523
Working Cap 4,500,002 4,500,002 5,168,087
Total Assets Less Current Liabilities 9,513,578 9,513,578 10,400,703
Long-term Liabilities 1,541,099 1,541,099 1,529,594
Net Assets 7,972,479 7,972,479 8,871,109
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 7,972,479 7,972,479 8,871,109
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 33.2% 33.2% 35.3%
Stocks Inventory - - -
Debtors 43.1% 43.1% 37.0%
Cash Bank In Hand 6.0% 6.0% 12.9%
Current Assets 66.8% 66.8% 64.7%
Creditors Due Within One Year 37.1% 37.1% 29.9%
Net Current Assets Liabilities 29.8% 29.8% 34.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 52.7% 52.7% 59.8%
Capital Employed - - -
Total Assets Less Current Liabilities 62.9% 62.9% 70.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.8 1.8 2.2
Solvency Ratio 2.1 2.1 2.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 15,116,048 15,116,048 14,829,226
Debt 7,143,569 7,143,569 5,958,117
Net Assets/Debt 7,972,479 7,972,479 8,871,109

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Director's details changed for Mr Lindsey Arrand on 12 November 2025
Confirmation statement made on 21 October 2025 with no updates
Appointment of Mr Mark Spence as a director on 12 November 2025
Termination of appointment of Robert John Anderson as a secretary on 12 November 2025
Appointment of Mr Jonathan Heasty as a secretary on 12 November 2025
Appointment of Mr Lindsey Arrand as a director on 12 November 2025
Appointment of Mr Jonathan William Heasty as a director on 12 November 2025
Appointment of Mr Michael Hadfield as a director on 12 November 2025
Resolutions
Memorandum and Articles of Association
Registration of charge 027583610005, created on 25 July 2025
Confirmation statement made on 21 October 2024 with no updates
Confirmation statement made on 21 October 2023 with no updates
Confirmation statement made on 21 October 2022 with updates
Change of details for Merrimex Limited as a person with significant control on 6 April 2022
Confirmation statement made on 21 October 2021 with no updates
Confirmation statement made on 23 October 2020 with no updates
Confirmation statement made on 23 October 2019 with no updates
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