Advanced Plastics Limited
Registered name: ADVANCED PLASTICS LIMITED
Part of Advanced Plastics Group (Eot) Limited groupAdvanced Plastics Limited made £31.5m revenue and £1.9m profit in the year to 31 Dec 2025.
Advanced Plastics Limited’s revenue was £31.5m in the year to 31 Dec 2025, with £1.9m profit and 293 employees. The company is classified under “manufacture of other plastic products” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 33 yrs · since 1992
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £28.9m | £31.1m | £31.3m | £31.5m |
| Cost of sales | £22.5m | £22.1m | £21.3m | £21.6m |
| Gross profit | £6.4m | £9m | £10.1m | £9.8m |
| Operating profit | −£156k | £2.4m | £2.7m | £2.4m |
| Profit before tax | −£206k | £2.4m | £2.8m | £2.3m |
| Profit after tax | £288k | £1.5m | £2.5m | £1.9m |
| Profit (best available) | £288k | £1.5m | £2.5m | £1.9m |
| Staff costs | £8.4m | £8.5m | £9.7m | £10.3m |
| Employees (average) | 251 | 270 | 281 | 293 |
| Ratios | ||||
| Profit margin | 1% | 4.8% | 7.9% | 5.9% |
| Gross margin | 22.2% | 28.8% | 32.1% | 31.2% |
| Revenue per employee | £115k | £115k | £111k | £107k |
| Profit per employee | £1.1k | £5.5k | £8.8k | £6.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.4% | ▲0.8% | ▲0.4% |
| Profit growth | — | ▲418.7% | ▲65.9% | ▼25.2% |
| Headcount growth | — | ▲7.6% | ▲4.1% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £906k | £2.1m | £3.3m | £779k |
| Net assets | £8m | £7.5m | £7.2m | £3.7m |
| Fixed assets | £5m | £4.1m | £3.6m | £2.9m |
| Current assets | £10.1m | £9.7m | £10.7m | £10m |
| Debtors | £5.8m | £5.1m | £4.2m | £6m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 31.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- £6.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼49%
- Now £3.7m
- Cash at bank
- ▼77%
- Now £779k
- Headcount
- ▲4%
- Now 293
- Deferred income
- —
- Now —
- Fixed assets
- ▼18%
- Now £2.9m
Group structure
Ownership chain
- Advanced Plastics Group (Eot) Limitedultimate parent75–100%
- Advanced Plastics Group Limited75–100%
- Advanced Plastics Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Advanced Plastics (Intermediate 1) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
- £31.5m
- Profit
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- Staff
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- Sanko Gosei UK LtdSkelmersdale · Manufacture of other plastic products
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- Melba Products LimitedRamsbottom · Manufacture of other plastic products
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- Profit
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- Marshall-Tufflex LimitedST. Leonards-on-Sea · Manufacture of other plastic products
- Revenue
- £30.1m
- Profit
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- Glasdon (UK) LimitedBlackpool · Manufacture of other plastic products
- Revenue
- £33.3m
- Profit
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- Thomas Dudley LimitedDudley · Manufacture of other plastic products
- Revenue
- £29.2m
- Profit
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- Staff
- 212
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.