Advanced Plastics Group Limited
Registered name: ADVANCED PLASTICS GROUP LIMITED
Part of Advanced Plastics Group (Eot) Limited groupAdvanced Plastics Group Limited made £38m revenue and £2m profit in the year to 31 Dec 2025. read from filing text
Advanced Plastics Group Limited’s revenue grew 1% to £38m in the year to 31 Dec 2025, with £2m profit and 336 employees. The company is classified under “activities of head offices” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £32.3m | £36.8m | £37.4m | £38m |
| Cost of sales | £24.7m | £25.8m | £25.1m | £25.7m |
| Gross profit | £7.5m | £11m | £12.3m | £12.2m |
| Operating profit | −£62.3k | £2.6m | £2.6m | £2.8m |
| Profit before tax | −£145k | £2.4m | £2.5m | £2.6m |
| Profit after tax | £305k | £1.5m | £2.2m | £2m |
| Profit (best available) | £305k | £1.5m | £2.2m | £2m |
| Employees (average) | 301 | 317 | 323 | 336 |
| Ratios | ||||
| Profit margin | 0.9% | 4.1% | 5.8% | 5.3% |
| Gross margin | 23.4% | 30% | 32.8% | 32.2% |
| Revenue per employee | £107k | £116k | £116k | £113k |
| Profit per employee | £1k | £4.7k | £6.8k | £5.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.2% | ▲1.6% | ▲1.4% |
| Profit growth | — | ▲390.6% | ▲46.1% | ▼8.6% |
| Headcount growth | — | ▲5.3% | ▲1.9% | ▲4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £49.4k | £143k | £989k | £14.9k |
| Net assets | £3.5m | £5.2m | £7.4m | £614k |
| Fixed assets | £6m | £6m | £6m | £6m |
| Current assets | £1.9m | £3.6m | £5.4m | £1.2m |
| Debtors | £0 | £0 | £0 | £0 |
| 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
- 5.3%
- Profit ÷ revenue.
- Gross margin
- 32.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £113k
- Revenue ÷ average employees.
- Profit per employee
- £5.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼92%
- Now £614k
- Cash at bank
- ▼99%
- Now £14.9k
- Headcount
- ▲4%
- Now 336
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £6m
Group structure
Ownership chain
- Advanced Plastics Group (Eot) Limitedultimate parent75–100%
- Advanced Plastics Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Advanced Plastics LimitedRev. £31.5m · Profit £1.9m
- Advanced Plastics (Intermediate 1) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2m), 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.