Atlantic Plastics Limited

Active01154347ManufacturingIncorporated 2 Jan 1974 · Bridgend

The principal activity of the company in the year under review was that of the design and manufacture of meter boxes and plastic / gun-metal service fittings for use in the water industry. Due to the sale to new ownership during the financial year we discontinued the distribution of valves. The directors are not aware, at the date of this report of any likely major changes in the Company's activities in the next year. Results The profit after taxation for the financial year ended 30 September 2023 was £3.496m (2022: £600k).

Revenue

£30.3m

▲ +13.1% vs prior ~12m period

Profit after tax

£3.5m

Margin 15.5%

Employees

155

▼ -3.7% vs prior ~12m period

Net assets

£11.3m

Total assets £18.2m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Sept 2022
£26.8m
Sept 2023
£30.3m▲ +13.1%
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Sept 2023£30.3m▲ +13.1%£4.7m155£11.3m
30 Sept 2022£26.8m—£839k161£10.6m

Latest available figures

Period ending 30 Sept 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£30.3m
Gross profit
£7.5m
Operating profit
£4.7m
Profit before tax
£4.7m
Profit after tax
£3.5m

Balance sheet

Total assets
£18.2m
Cash
£1.0m
Total liabilities
£7.0m
Net assets
£11.3m
Revenue per employee
£196k

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