{"name":"ADHESIVE SPECIALITIES LIMITED","company_number":"00957040","status":"Active","type":"Private Limited Company","incorporated":"1969-06-26","dissolved":null,"registered_office":"Tickitape House, 31 Bone Lane, Newbury, Berkshire, England, RG14 5SH","postcode":"RG14 5SH","sic_codes":[{"code":32990,"description":"Other manufacturing not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":27,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":3131490,"cash":152108,"average_employees":27},{"financial_date":"2024-03-31","net_assets":2924031,"cash":19659,"average_employees":27},{"financial_date":"2020-03-31","net_assets":1939459,"cash":51377},{"financial_date":"2019-03-31","net_assets":1862139,"cash":69132},{"financial_date":"2018-03-31","net_assets":1851384,"cash":27173}],"officers":{"current":1,"resigned":11,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":10,"outstanding":1},"gazette_notices":[{"date":"2026-08-18","kind":"other"}],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/adhesive-specialities","people":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/people","filing_history":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00957040","financials":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/financial","gazette":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/gazette","control":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/control","charges":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/adhesive-specialities/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/adhesive-specialities"}