Ast Plastic Containers UK LLP
Registered name: AST PLASTIC CONTAINERS UK LLP
Part of Ast Beteiligungs Gmbh groupAst Plastic Containers UK LLP made £12m revenue and a £2.6m loss in the year to 31 Dec 2023.
Ast Plastic Containers UK LLP’s revenue grew 18% to £12m in the year to 31 Dec 2023, with a loss of £2.6m and 55 employees. The company is based in Wrexham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wrexham, Wales
- Age
- 14 yrs · since 2011
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.2m | £12m |
| Cost of sales | £9.6m | £11.3m |
| Gross profit | £609k | £681k |
| Operating profit | −£2.6m | −£2.2m |
| Profit after tax | −£3.1m | −£2.6m |
| Profit (best available) | −£3.1m | −£2.6m |
| Employees (average) | 47 | 55 |
| Ratios | ||
| Profit margin | −30.1% | −21.4% |
| Gross margin | 6% | 5.7% |
| Revenue per employee | £217k | £218k |
| Profit per employee | −£65.3k | −£46.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲17.9% |
| Headcount growth | — | ▲17% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £469k | £532k |
| Net assets | — | — |
| Fixed assets | £3.3m | £2.8m |
| Current assets | £11.1m | £12.8m |
| Debtors | £2.9m | £2.8m |
| Deferred income | £373k | £341k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −21.4%
- Profit ÷ revenue.
- Gross margin
- 5.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £218k
- Revenue ÷ average employees.
- Profit per employee
- −£46.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.1%
- 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
- —
- Now —
- Cash at bank
- ▲14%
- Now £532k
- Headcount
- ▲17%
- Now 55
- Deferred income
- ▼9%
- Now £341k
- Fixed assets
- ▼15%
- Now £2.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ast Beteiligungs Gmbh (registered outside the UK register)ultimate parent75–100%
- Ast Plastic Containers UK LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ast Recycling and Reconditioning LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2.6m), from the Companies House accounts bulk data published Dec 2024. 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.