ADVANCED PLASTICS (NW) LIMITED
- 22290SIC 22290
Opportunity 77/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 3.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.9 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £853.4k | £970.2k |
| Current assets | £1.10M | £1.37M |
| Cash | £205.6k | £364.0k |
| Debtors | £686.0k | £767.8k |
| Net assets | £783.7k | £943.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Corporate timeline (45 events)Click to expand
- 2026-06-08➕TYLER, Peter Ian appointeddirector
- 2026-06-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-11-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-12➕HEASTY, Jonathan appointedsecretary
- 2025-11-12➕ARAND, Lindsey appointeddirector
- 2025-11-12➕HADFIELD, Michael Andrew appointeddirector
- 2025-11-12➕HEASTY, Jonathan William appointeddirector
- 2025-11-12➕SPENCE, Mark appointeddirector
- 2025-10-14📄resolutionresolution · RESOLUTIONS
- 2025-10-14📄memorandum-articlesincorporation · MA
- 2025-08-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-25🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) Limited
- 2025-07-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-01✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-10-18📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-07-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-30➕ANDERSON, Robert John appointeddirector
- 2022-06-30➕PEARSON, Christopher James appointeddirector
- 2022-06-30➖HADFIELD, Michael Andrew resigneddirector
- 2022-06-30➖HALL, Stephen William resigneddirector
- 2022-06-30➖HUNTER, Ian resigneddirector
- 2022-06-30➖WILKINS, Graham Andrew resigneddirector
- 2022-06-30🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2022-06-30🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2016-05-27➖DAY, Matthew James Lee resigneddirector
- 2015-09-01➕HUNTER, Ian appointeddirector
- 2014-10-31➖HUNTER, Ian resigneddirector
- 2013-09-02➕DAY, Matthew James Lee appointeddirector
- 2013-09-02➕HADFIELD, Michael Andrew appointeddirector
- 2013-09-02➕HALL, Stephen William appointeddirector
- 2013-09-02➕WILKINS, Graham Andrew appointeddirector
- 2013-08-01🏢Company incorporatedAs ADVANCED PLASTICS (NW) LIMITED
- 2013-08-01➕HUNTER, Ian appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-07-01: certificate-change-of-name-company
Group structure
Advanced Plastics (Intermediate 1) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Advanced Plastics (Intermediate 1) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Ian Hunterceased 30/06/2016· board control
- Mr Stephen William Hallceased 30/06/2016· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (8 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 25/07/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 30/06/2022 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 30/06/2022 | — |