Advanced Plastics Limited in Hull, HU7 0YQ

Description

Data updated on: 01-11-2023

Advanced Plastics Limited has been in the UK for thirty two years. Started with registration number 02758361 in 1992, it is based at Advanced Plastics, Hull HU7 0YQ. The company currently known as Advanced Plastics Limited was known as Advanced Plastics & Composites until 2009-09-05 when the name got changed. This enterprise's classified under the NACE and SIC code 22290 and has the NACE code: Manufacture of other plastic products. December 31, 2022 is the last time company accounts were reported.

Advanced Plastics Limited is a small-sized vehicle operator with the licence number OB1107155. The firm has one transport operating centre in the country. In their subsidiary in Hull on Bergen Way, 2 machines are available.

On March 30, 2015, the company was looking for a Toolmaker / Maintenance Technician to fill a full time position in Kingston upon Hull, Yorkshire. The offered job position required experienced worker and vocational qualifications (e.g. SNVQ or NVQ).

The directors currently appointed by this specific company are as follow: Christopher P. appointed on 2007-06-13 and Robert A. appointed in 1992 in October. To help the directors in their tasks, the abovementioned company has been utilizing the skills of Robert A. as a secretary since June 2007.

Previous company's names
Advanced Plastics Limited 2009-09-05
Advanced Plastics & Composites Limited 1992-10-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 368 708	1 909 867	906 100
Current Assets	8 340 050	9 596 610	10 102 472
Debtors	5 552 946	5 490 093	6 508 600
Net Assets Liabilities	7 974 829	8 871 109	7 972 479
Other Debtors	1 900	3 762	2 541
Property Plant Equipment	5 237 573	5 232 616	5 013 576
Total Inventories	1 418 396	2 196 650	2 687 772

Other Financial Data
Audit Fees Expenses	9 500	18 870	19 750
Fees For Non-audit Services	11 355	23 250	15 768
Director Remuneration	37 809	43 802	47 918
Accrued Liabilities	429 274	548 765	1 251 673
Accumulated Depreciation Impairment Property Plant Equipment	5 479 809	6 551 747	7 836 630
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		152 704	-438 210
Administrative Expenses	5 673 890	5 864 828	6 569 468
Amounts Owed By Group Undertakings	44 727		137 644
Applicable Tax Rate	19	19	19
Average Number Employees During Period	193	219	251
Bank Borrowings	4 167	50 000	50 000
Bank Borrowings Overdrafts	245 833	195 833	145 833
Capital Commitments		390 636	16 936
Comprehensive Income Expense	943 958	1 767 007	287 505
Corporation Tax Payable		-693
Corporation Tax Recoverable	351 201	693	693
Cost Sales	14 194 538	19 167 075	22 506 670
Creditors	1 133 720	934 094	1 383 809
Current Tax For Period	-120 555
Depreciation Expense Property Plant Equipment	1 091 480	1 102 201	603 433
Disposals Decrease In Depreciation Impairment Property Plant Equipment		30 263	9 768
Disposals Property Plant Equipment		30 263	43 395
Dividends Paid	265 600	870 727	1 186 135
Dividends Paid On Shares Interim	265 600	870 727	1 186 135
Finance Lease Liabilities Present Value Total	563 223	401 653	553 456
Finished Goods	449 942	443 872	665 432
Further Operating Expense Item Component Total Operating Expenses	724 511	14 335
Future Minimum Lease Payments Under Non-cancellable Operating Leases	296 068	297 290	275 718
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-19 445	-9 267	-8 181
Gain Loss On Disposals Property Plant Equipment	6 067	9 000	-11 083
Gross Profit Loss	5 811 546	7 804 699	6 413 749
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		-295 661
Increase From Depreciation Charge For Year Property Plant Equipment		1 102 201	1 294 651
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	55 448	36 084	50 146
Interest Payable Similar Charges Finance Costs	55 448	36 084	50 146
Net Current Assets Liabilities	4 313 772	5 168 087	4 500 002
Number Shares Issued Fully Paid		41 300	41 300
Operating Profit Loss	862 167	1 954 206	-155 719
Other Creditors	31 878	4 356	43 584
Other Deferred Tax Expense Credit	-28 395	12 874	-438 210
Other Interest Receivable Similar Income Finance Income	3 970	1 589	100
Other Operating Income Format1	724 511	14 335
Other Taxation Social Security Payable	721 488	303 118	499 890
Par Value Share		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	149 966	219 287	224 885
Prepayments	501 027	648 353	590 704
Profit Loss	943 958	1 767 007	287 505
Profit Loss On Ordinary Activities Before Tax	810 689	1 919 711	-205 765
Property Plant Equipment Gross Cost	10 717 382	11 784 363	12 850 206
Provisions	442 796	595 500	157 290
Provisions For Liabilities Balance Sheet Subtotal	442 796	595 500	157 290
Raw Materials	876 366	1 620 105	1 814 555
Social Security Costs	416 239	513 927	643 215
Staff Costs Employee Benefits Expense	5 753 609	7 001 285	8 370 248
Tax Expense Credit Applicable Tax Rate	154 031	364 745	-39 095
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	10 693	12 156	13 100
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-133 269	152 704	-493 270
Total Additions Including From Business Combinations Property Plant Equipment		1 097 244	1 109 238
Total Assets Less Current Liabilities	9 551 345	10 400 703	9 513 578
Total Current Tax Expense Credit	-242 400
Total Deferred Tax Expense Credit	109 131	152 704	-438 210
Total Operating Lease Payments	326 641	340 512	354 935
Trade Creditors Trade Payables	2 276 248	3 120 631	3 203 867
Trade Debtors Trade Receivables	4 654 091	4 837 285	5 777 018
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment		-223 127
Turnover Revenue	20 006 084	26 971 774	28 920 419
Wages Salaries	5 187 404	6 268 071	7 502 148
Work In Progress	92 088	132 673	207 785

Company staff

Robert A.

Role: Secretary

Appointed: 13 June 2007

Latest update: 16 April 2024

Christopher P.

Role: Director

Appointed: 13 June 2007

Latest update: 16 April 2024

Robert A.

Role: Director

Appointed: 30 October 1992

Latest update: 16 April 2024

Glyn B.

Role: Director

Appointed: 01 April 1993

Resigned: 13 June 2007

Latest update: 16 April 2024