ADVANCED PLASTICS LIMITED Financials
- Company number
- 02758361CopyCopy
- Registered office
- Advanced Plastics, Bergen Way, Hull HU7 0YQ
- Incorporated
- 23/10/1992
Company snapshot
- Status
- Active
- Employees
- 281 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.31%vs 20232023: £7.46M
Total Assets
2.95%vs 20232023: £13.86M
Cash in Bank
60.93%vs 20232023: £2.08M
Total Liabilities
10.26%vs 20232023: £6.39M
Employees
+11vs 20232023: 270
In 2024, ADVANCED PLASTICS LIMITED reported net assets of £7.22M. The same filing shows total assets of £14.27M, cash in bank of £3.34M and total liabilities of £7.05M. Reported headcount was 281 in 2024. Cash in Bank rose from £2.08M in 2023 to £3.34M in 2024 (60.93%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-3.31%from £7.46M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures ADVANCED PLASTICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-9.5%vs 2022-4.9% a year compound (CAGR)
Cash in Bank
+269%vs 2022+92.1% a year compound (CAGR)
Total Assets
-5.6%vs 2022-2.9% a year compound (CAGR)
Total Liabilities
-1.3%vs 2022-0.7% a year compound (CAGR)
Employees
+12%vs 2022+30Biggest increase
Cash in Bank+269%
£906.10K in 2022 to £3.34M in 2024
Biggest decrease
Net Assets-9.5%
£7.97M in 2022 to £7.22M in 2024
ADVANCED PLASTICS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ADVANCED PLASTICS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 50.59%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 49.41%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 47.43%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 23.44%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £111.45K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ADVANCED PLASTICS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 8.87M | 7.97M | 7.46M | 7.22M |
| Total Assets£ | 14.83M | 15.12M | 13.86M | 14.27M |
| Cash in Bank£ | 1.91M | 906.10K | 2.08M | 3.34M |
| Total Liabilities£ | 5.96M | 7.14M | 6.39M | 7.05M |
| Employees | 219 | 251 | 270 | 281 |
ADVANCED PLASTICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ADVANCED PLASTICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ADVANCED PLASTICS LIMITED reported net assets of £7.22M for 2024. That compares with £7.46M in 2023, a change of -3.31%.
ADVANCED PLASTICS LIMITED reported total assets of £14.27M for 2024. That compares with £13.86M in 2023, a change of 2.95%.
ADVANCED PLASTICS LIMITED reported cash in bank of £3.34M for 2024. That compares with £2.08M in 2023, a change of 60.93%.
ADVANCED PLASTICS LIMITED reported 281 employees in 2024, compared with 270 in 2023.
Between 2022 and 2024, ADVANCED PLASTICS LIMITED's net assets fell by 9.5%, cash in bank rose by 269%, total assets fell by 5.6% and total liabilities fell by 1.3%. Net assets contracted at 4.9% a year across the two years to 2024, from £7.97M to £7.22M. Reported headcount went from 251 in 2022 to 281 in 2024 (+30).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.