ADVANCED ELASTOMER SYSTEMS LIMITED

TRASTON ROAD, (OFF CORPORATION ROAD), NEWPORT, SOUTH WALES, NP19 4XF

Company Number: 02512288
Incorporation date: 15-Jun-1990
Status: Active
Entity type: Private Limited Company

SIC codes:
20160 Manufacture of plastics in primary forms





SUMMARY

This company is 34.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 160.4 million which has increased from GBP 157 million in the previous year. The latest reported revenue figure is GBP 121.2 million which is similar to the previous year's figure of GBP 125.5 million. The company has 2 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 121,224,000 1,997,000 127,000 1,301,000 3,425,000
31-Dec-2018 GBP 125,486,000 6,789,000 196,000 376,000 7,361,000
31-Dec-2017 GBP 130,736,000 25,168,000 128,000 4,810,000 20,486,000
31-Dec-2016 GBP 122,603,000 25,654,000 52,000 2,511,000 23,195,000
31-Dec-2015 GBP 109,279,000 11,451,000 71,000 2,376,000 9,146,000
31-Dec-2014 GBP 97,154,000 11,687,000 127,000 2,526,000 9,288,000
31-Dec-2013 GBP 110,180,000 13,230,000 86,000 3,083,000 10,233,000
31-Dec-2012 GBP 100,800,000 13,722,000 89,000 3,314,000 10,497,000
31-Dec-2011 GBP 94,577,000 15,794,000 91,000 4,194,000 11,691,000
31-Dec-2010 GBP 79,944,000 19,418,000 32,000 5,518,000 13,932,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 87,279,000 65,800,000 94,586,000 160,386,000
31-Dec-2018 GBP 91,059,000 65,800,000 91,161,000 156,961,000
31-Dec-2017 GBP 108,327,000 65,800,000 83,800,000 149,600,000
31-Dec-2016 GBP 58,010,000 5,800,000 63,314,000 69,114,000
31-Dec-2015 GBP 44,634,000 7,000 5,800,000 40,119,000 45,919,000
31-Dec-2014 GBP 47,120,000 8,453,000 29,000 5,800,000 40,973,000 46,773,000
31-Dec-2013 GBP 55,659,000 6,607,000 50,000 5,800,000 51,685,000 57,485,000
31-Dec-2012 GBP 54,756,000 5,990,000 72,000 5,800,000 51,452,000 57,252,000
31-Dec-2011 GBP 44,337,000 6,452,000 93,000 5,800,000 40,955,000 46,755,000
31-Dec-2010 GBP 40,583,000 4,669,000 137,000 5,800,000 39,264,000 45,064,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2017 GBP 91.19% 60,000,000 5,800,000 65,800,000 35,800,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Fiona HARNESS 01 Dec 2011 01 Dec 2021 0 - 1
Resigned Andrew Terence CLARKE 23 Jul 2008 23 Jan 2014 Lawyer British 0 - 33
Resigned Peta Lesley FINCH 25 Apr 2005 01 Dec 2011 British 0 - 22
Resigned Nicholas John BOYDELL 25 Apr 2005 23 Jul 2008 British 0 - 1
Resigned Alexander Charles BROOKS 10 Oct 1996 25 Apr 2005 Solicitor British 6 - 11
Resigned Alexander Charles BROOKS 25 Apr 2005 British 6 - 11

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Anne Elaine, Mrs. WILKES 01 Dec 2021 Chartered Chemical Engineer British 1 - 00 (0.0%)
Active Karl Andrew MILNER 01 Dec 2021 Production Director British 1 - 20 (0.0%)
Resigned Andrew Mark JOHNSON 01 Mar 2019 01 Dec 2021 Oil Company Executive British 0 - 252 (8.0%)
Resigned Andrew Mark JOHNSON 01 Mar 2019 01 Dec 2021 Oil Company Executive British 1 - 252 (7.7%)
Resigned Tom VAN NULAND 01 Dec 2018 01 Dec 2021 Oil Company Executive Belgian 0 - 10 (0.0%)
Resigned William Assheton Eardley Douglas DON 01 Mar 2017 01 Mar 2019 Oil Company Executive British 1 - 101 (9.1%)
Resigned Derek FRASER 01 Jul 2015 01 Dec 2018 Oil Company Executive British 0 - 10 (0.0%)
Resigned Richard Robert HENDERSON 01 Jul 2015 01 Dec 2021 Oil Company Executive British 0 - 30 (0.0%)
Resigned Timothy William STEVENS 01 Jun 2015 01 Mar 2017 Oil Company Executive British 0 - 212 (9.5%)
Resigned Catherine Elizabeth WARD 01 Mar 2015 01 Jun 2015 Oil Company Executive British 0 - 225 (22.7%)
Resigned Michael George RIDING 05 Nov 2013 01 Mar 2015 Oil Company Executive British 0 - 131 (7.7%)
Resigned April Louise FEICK 01 Jun 2013 01 Jul 2015 Oil Company Executive American 0 - 40 (0.0%)
Resigned Andrew Brian HAYES 01 Oct 2011 05 Nov 2013 Oil Company Executive British 0 - 131 (7.7%)
Resigned Vincent Ivan PAUL 01 Jul 2010 01 Jul 2015 Chemical Engineer British 0 - 10 (0.0%)
Resigned James ALEXANDER 30 Nov 2009 01 Oct 2011 Oil Company Executive British 0 - 298 (27.6%)
Resigned Howard Cochran PAUL 28 Apr 2009 01 Jun 2013 Oil Company Exec American 0 - 30 (0.0%)
Resigned Ken FRANCEY 21 Nov 2007 01 Jul 2010 Oil Company Exec British 0 - 10 (0.0%)
Resigned Richard Henry COLEMAN 01 Oct 2007 30 Nov 2009 Oil Company Exec British 1 - 254 (15.4%)
Resigned John Carlton HUDSON 01 Oct 2007 28 Apr 2009 Oil Company Exec American 0 - 40 (0.0%)
Resigned Anton James BUCHNER 01 Jul 2006 01 Oct 2007 Oil Company Exe British 0 - 10 (0.0%)
Resigned Paul Edwin GLOVER 04 Jan 2000 17 Sep 2007 Plant Manager British 0 - 10 (0.0%)
Resigned Ulf Lennart Rikard NILSSON 01 Jan 1998 01 Oct 2007 Chief Executive Europe Swedish 0 - 10 (0.0%)
Resigned Sajid Ali SHAH 11 Dec 1996 03 Jan 2000 Plant Manager British 0 - 10 (0.0%)
Resigned Carl Henry VOELLMECKE 30 Jun 2006 Director American 0 - 10 (0.0%)
Resigned Julian Christopher BARNETT 31 Jul 1994 Operations Manager British 0 - 10 (0.0%)
Resigned Brian Robert PRICE 11 Dec 1996 Plany Manager British 0 - 10 (0.0%)
Resigned Luigi Guilio GRAMIZZI 31 Dec 1997 Manager Italian 0 - 10 (0.0%)
Resigned Haig Peter CHIMCHIRIAN 17 Sep 2007 Director Of Finance British 0 - 10 (0.0%)
Number of active directors: 2
Average tenure of active directors: 2.6 years
Average tenure of resigned directors: 2.6 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ADVANCED ELASTOMER SYSTEMS LIMITED (02512288) - Active
CELANESE PRODUCTION UK LIMITED (05859422) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-06-152016-06-152015-06-152014-06-152013-06-15
EXXONMOBIL CHEMICAL INVESTMENT COMPANY LIMITEDORDINARY60,000,000
91.2%
0
0%
0
0%
0
0%
0
0%
EXXONMOBIL CHEMICAL INVESTMENT COMPANY LIMITEDORDINARY5,799,999
8.81%
0
0%
0
0%
0
0%
0
0%
EXXONMOBIL CHEMICAL INVESTMENT COMPANY LIMITEDORDINARY1
0.000%
0
0%
0
0%
0
0%
0
0%
EXXONMOBIL CHEMICAL HOLDINGS UK LLCORDINARY0
0%
5,799,999
100.0%
5,799,999
100.0%
0
0%
0
0%
EXXONMOBIL CHEMICAL HOLDINGS UK LLCORDINARY0
0%
1
0.000%
1
0.000%
0
0%
0
0%
EXXONMOBIL CHEMICAL HOLDINGS UK INC.ORDINARY0
0%
0
0%
0
0%
5,799,999
100.0%
5,799,999
100.0%
EXXONMOBIL CHEMICAL HOLDINGS UK INC.ORDINARY0
0%
0
0%
0
0%
1
0.000%
1
0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ADVANCED ELASTOMER SYSTEMS LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2021-07-01 2021-12-31 46 13% 8% 54399
2021-01-01 2021-06-30 46 14% 7% 48207
2020-07-01 2020-12-31 37 4% 8% 41958
2020-01-01 2020-06-30 33 5% 9% 33495
2019-07-01 2019-12-31 36 4% 9% 26926
2019-01-01 2019-06-30 32 5% 11% 18183
2018-07-01 2018-12-31 32 4% 10% 10708
2018-01-01 2018-06-30 32 4% 8% 3801


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 20160 Manufacture of plastics in primary forms)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LUCITE INTERNATIONAL UK LIMITED CASSEL WORKS, NEW ROAD, BILLINGHAM, ENGLAND, TS23 1LE 03830161 2018-03-31 392,900,000 55,200,000
POLYPIPE LIMITED 4 VICTORIA PLACE, HOLBECK, LEEDS, ENGLAND, LS11 5AE 01099323 2017-12-31 389,400,000 57,600,000
BASELL POLYOLEFINS UK LIMITED CARRINGTON SITE, URMSTON, MANCHESTER, M31 4AJ 02811230 2017-12-31 280,534,000 45,977,000
VICTREX MANUFACTURING LIMITED VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02845018 2018-09-30 222,100,000 65,300,000
VITA CELLULAR FOAMS (UK) LIMITED OLDHAM ROAD, MIDDLETON, MANCHESTER, M24 2DB 00621497 2017-12-31 138,720,207 2,131,710
RECTICEL LIMITED BLUEBELL CLOSE, CLOVER NOOK INDUSTRIAL PARK, ALFRETON, DERBYSHIRE., DE55 4RD 00665376 2017-12-31 133,881,000 -114,000
ADVANCED ELASTOMER SYSTEMS LIMITED TRASTON ROAD, (OFF CORPORATION ROAD), NEWPORT, SOUTH WALES, UNITED KINGDOM, NP19 4XF 02512288 2017-12-31 130,736,000 20,486,000
NIPPON GOHSEI UK LTD. SUITE 5 2ND FLOOR BULMAN HOUSE REGENT CENTRE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 3LS 04181436 2018-03-31 130,409,000 14,807,000
PPG INDUSTRIES (UK) LIMITED NEEDHAM ROAD, STOWMARKET, SUFFOLK, UNITED KINGDOM, IP14 2AD 02110620 2017-12-31 122,301,000 2,174,000 20301-Manufacture of paints, varnishes and similar coatings, mastics and sealants
DU PONT (U.K.) LIMITED 4TH FLOOR KINGS COURT, LONDON ROAD, STEVENAGE, HERTFORDSHIRE, UNITED KINGDOM, SG1 2NG 04556216 2017-12-31 74,800,000 4,766,000
SCOTT BADER UK LIMITED WOLLASTON HALL, WOLLASTON, WELLINGBOROUGH, NORTHANTS, UNITED KINGDOM, NN29 7RL 04562724 2017-12-31 73,525,000 633,000
ALLNEX RESINS UK LIMITED 7 ALBEMARLE STREET, LONDON, ENGLAND, W1S 4HQ 05235281 2017-12-31 45,837,000 6,827,000
INVIBIO LIMITED VICTREX TECHNOLOGY CENTRE HILLHOUSE INTERNATIONAL, THORNTON, CLEVELEYS, LANCASHIRE, FY5 4QD 04088050 2018-09-30 43,689,000 28,143,000
MAINETTI (UK) LIMITED ANNFIELD ESTATE, OXNAM ROAD, JEDBURGH, TD8 6NN SC170666 2017-12-31 24,968,155 -561,209
ROYDON GROUP PLC UNITS 1-3 JUNCTION ECO PARK, RAKE LANE, SWINTON, M27 8LU 06890221 2017-10-31 15,179,787 0
VICTREX PLC VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02793780 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ADVANCED ELASTOMER SYSTEMS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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