ADRECO LIMITED
Company number 01312605 · Monitor this company
Executive summary
ADRECO Limited presents a concerning financial profile characterised by severe cash depletion (99.2% decline over four years to just £4,013), excessive debtor concentration (93% of current assets), and sustained erosion of net assets (17.5% decline from FY2022 peak). While the long-established manufacturing business remains solvent with positive working capital and compliant filings, the quality of current assets is questionable and the company appears heavily dependent on timely debtor collections to fund ongoing operations. Further investigation into related-party transactions with majority shareholder Sth Plastics Ltd, the causes of cash deterioration, and the undisclosed profitability position is essential before any investment commitment.
Shareholders' funds
£601,334
Balance sheet as at 2026-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1977-05-04
- Employees
- 15 (2026 accounts · was 12 in 2025)
- Registered office
- 17-19 Avant Business Centre, Third Avenue Bletchley, Milton Keynes, Buckinghamshire, MK1 1DR
- Postcode
- MK1 1DR
- Capital
- 1,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2026-04-30
- Next due by
- 2028-01-31
- Financial year end
- 30 April
Confirmation statement
- Last statement dated
- 2025-09-08
- Next due by
- 2026-09-22
Nature of business (SIC)
- 22290 Manufacture of other plastic products
- 24450 Other non-ferrous metal production
- 28290 Manufacture of other general-purpose machinery not elsewhere classified
- 32990 Other manufacturing not elsewhere classified
Officers 5 current · 9 resigned
Group structure
Controlled by STH PLASTICS LIMITED — since 2016-09-30
From persons-with-significant-control filings on the public register.
Contact details
- Website
- http://www.adreco.co.uk
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UPPERBROOK FARM ATLOW LANE, ATLOW, ASHBOURNE, DERBYSHIRE, DE6 1NS | 2013-01-15 |
| MORETON HOUSE, 31 HIGH STREET, BUCKINGHAM, MK18 1NU | 2012-12-12 |
Among its peers
Among the oldest 25%
of 39 similar companies in MK, trading since 1977
No.12 of the largest manufacture of other plastic products companies in Milton Keynes →
Competitors Milton Keynes
This company ranks 12 among manufacture of other plastic products in Milton Keynes.
The class of 1977
51%
of the 7,313 companies incorporated in 1977 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2015-11-10
- Where
- Milton Keynes
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| BM401330 | Milton Keynes | Leasehold | 2015-11-10 | — |
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.