Adreco Limited
- Active
- Small
- Holding
- 48 years
- 12 employees
- £1,580,964 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 5 directors
- 2 owners
- Milton Keynes
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 27 days ago, a good sign to sell them something.
Field of Operation
Website
Summary
Adreco Ltd from Milton Keynes UK: a small holding company with an active status, has been operating for 47 years. Employing 15 people, the company holds assets worth £2,003,047 and maintains a real address at Avant Business Centre. With six directors and two owners, Adreco Ltd regularly imports machinery, boilers, and mechanical appliances; parts (for six months, the last in June 2024), and irregularly exports the same (for two months, the last in July 2021).
The company operates as part of the STH Plastics Group and specialises in injection moulding, toolmaking, assembly, and design. They have overseas manufacturing facilities in Shenzhen, China, and boast accreditation to ISO 9001 and ISO 14001. Adreco Plastics serves a wide range of sectors, including medical, construction, retail, defence, and automotive, and has won several industry awards. Their website highlights a commitment to responsible UK plastic manufacturing and offers services like plastic design, prototyping, and 3D printing.
Financially, Adreco Ltd’s numbers show some interesting trends. Creditors have increased significantly, rising by 50% to £1.2 million, which could reflect increased supplier costs or larger orders. However, bank borrowings have decreased by 22%, suggesting improved debt management. Cash reserves, however, have fallen by 30% to £16,000, and net losses have deepened, indicating that the company may be burning through cash. Trade debtors have increased dramatically, by 300%, which could be a sign of delayed payments from customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises concerns. No auditor is mentioned, likely due to the company's small size and exemption from an audit.
The company's reliance on the STH Plastics Group and its overseas manufacturing facilities could be both a strength and a weakness, providing access to resources but also creating dependencies. While the awards and positive customer reviews suggest a strong reputation, the financial data suggests that Adreco Ltd is facing challenges and needs to carefully manage its cash flow and working capital.
Registered in England/Wales under the registration number 01312605, with a registered address at MK1 1DR, Milton Keynes, Buckinghamshire, 17-19 Avant Business Centre, Third Avenue Bletchley.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 6 months
- 2
- 50%+
-
Resident of United Kingdom
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 3
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
-
Individual
- 9 years
-
Resident of United Kingdom
-
Individual
- 13 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Termination of appointment of Paul Dixon as a director on 2026-03-06Download 1 page pdf report
-
Total exemption full accounts made up to 2025-04-30Download 11 pages pdf report
-
Confirmation statement made on 2025-09-08 with updatesDownload 6 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Similar importers
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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