ADHESIVE SPECIALITIES LIMITED
Company number 00957040 · Monitor this company
Executive summary
Adhesive Specialities Limited is a long-established, profitable manufacturing business with growing net assets, but its creditworthiness is fundamentally undermined by a £2.87M intra-group receivable representing 56% of total assets. The company appears to be operating as a financing vehicle within its group, with minimal standalone liquidity — excluding the group balance, working capital is approximately £44K against £1.93M of current liabilities. A significant increase in bank borrowings from £10K to £869K further requires explanation. Credit facilities should only be extended subject to parent company guarantees and satisfactory clarification of group cash flow arrangements.
Shareholders' funds
£1,931,490
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1969-06-26
- Employees
- 27 (2025 accounts)
- Registered office
- Tickitape House, 31 Bone Lane, Newbury, Berkshire, England, RG14 5SH
- Postcode
- RG14 5SH
- Capital
- 1,200,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-07-27
- Next due by
- 2027-08-10
Nature of business (SIC)
- 32990 Other manufacturing not elsewhere classified
Officers 1 current · 11 resigned
Group structure 1 subsidiary
Controlled by AS (TAPES) LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA672942 (Tier 2), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| TICKITAPE HOUSE 31 BONE LANE, NEWBURY, BERKSHIRE, RH14 5SH | 2017-05-04 |
| TICKITAPE HOUSE, 31 BONE LANE, NEWBURY, BERKSHIRE, RG14 5SH | 2008-08-19 |
| 131 EDGWARE ROAD, LONDON, W2 2AP | 2007-07-25 |
| 124-130 SEYMOUR PLACE, LONDON, W1H 1BG | 2007-07-18 |
Among its peers
Top 10%
by shareholders' funds, of 147 similar companies in RG
Among the biggest employers among its local peers (27 staff).
Among the oldest 25% of its local peers, trading since 1969.
No.11 of the largest other manufacturing not elsewhere classified companies in Reading →
Competitors Reading
This company ranks 11 among other manufacturing not elsewhere classified in Reading.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2024-06-05
- Where
- West Berkshire
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| BK534545 | West Berkshire | Leasehold | 2024-06-05 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.