ALPEK POLYESTER UK LTD
ActiveKey figures
† ALPEK POLYESTER UK LTD filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2025Sector comparison
SIC 20160Where the company stands among the 351 active companies whose first SIC code is 20160 (Manufacture of plastics in primary forms).
- VICTREX PLC£431.2m
- DU PONT (U.K.) LIMITED£177.1m
- ADVANCED ELASTOMER SYSTEMS UNLIMITED£156.9m
- INGEVITY UK LTD£140.3m
- BALL & YOUNG LIMITED£120.3m
- BASELL POLYOLEFINS UK LIMITED£96.4m
- HYPERLAST LIMITED£82.1m
- A-SAFE GROUP HOLDINGS LIMITED£78.2m
- INVIBIO LIMITED£77.7m
- ALPEK POLYESTER UK LTD£76.1m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 351. The line on each bar marks the median.
Summary: ALPEK POLYESTER UK LTD
What kind of company is it?
ALPEK POLYESTER UK LTD is a private limited company registered with Companies House under company number 07108602. It was incorporated on 18 Dec 2009. Its status is active. The registered office is in Redcar (TS10). Its nature of business (SIC 2007) is manufacture of plastics in primary forms (20160).
How is the company doing financially?
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £111,808,000. Loss for the year was £8,138,000. Net assets were £76,135,000, down 8.8% on the previous year. Cash at bank and in hand was £3,704,000. Total assets were £117,490,000 and total liabilities £41,349,000. Figures are available for 2 financial years (2024–2025).
How does it compare with similar companies?
Compared with 351 active companies whose first SIC code is 20160: By turnover it ranks higher than 84% of the 49 that publish turnover (median £23,278,000). By net assets it ranks higher than 96% of them (median £241,281). By total assets it ranks higher than 93% of them (median £746,606). By cash it ranks higher than 90% of them (median £226,220). It is older than 61% of them (median age 9.0 years).
Has it received government grants?
It is recorded as the recipient of 2 central government grants worth £413.4k, mainly from Department for Business, Energy and Industrial Strategy.
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly organic chemicals, inorganic chemicals, machinery. HMRC lists it as an exporter of goods, mainly plastics, iron and steel articles, machinery. In its latest payment practices report it took an average of 131 days to pay suppliers, and 10% of invoices were not paid within agreed terms. It has modern slavery statements on the government registry for 4 years.
When are its next filings due?
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 1 Jan 2027.
Filed accounts2024–2025
| 2024 † | 2025 † | |
|---|---|---|
| Turnover | 150,758,000 | 111,808,000 |
| Profit for the year | -4,076,000 | -8,138,000 |
| Cash at bank and in hand | 1,502,000 | 3,704,000 |
| Total assets | 116,483,000 | 117,490,000 |
| Total liabilities | 32,980,000 | 41,349,000 |
| Net assets / total equity | 83,474,000 | 76,135,000 |
| Average number of employees | 101 | — |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Government grants
2 grantsALPEK POLYESTER UK LTD is recorded as the recipient of 2 central government grants since 2020, together worth £413.4k.
- Department for Business, Energy and Industrial Strategy
- 1 grant · £411.4k
- Department for Education
- 1 grant · £2,000
- Enhanced Recycling of Waste PET: Demonstration of the Circular EconomyDepartment for Business, Energy and Industrial Strategy · £411,436 · ALB - UKRI - Innovate UK grant awards in 20-21
- Apprenticeships Participation 16 - 18Department for Education · £2,000
From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.
Statutory reporting
- Average time taken to pay invoices
- 131 days
- Invoices not paid within agreed terms
- 10%
- Standard payment terms
- 30–60 days
- Member of a payment code
- No
- Within 30 days 70%
- 31 to 60 days 24%
- After 60 days 6%
Earlier periods (5)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Dec 2020
- 103
- 62%
- 8%
- 30 Jun 2020
- 60
- 66%
- 8%
- 31 Dec 2019
- 57
- 67%
- 9%
- 30 Jun 2019
- 53
- 73%
- 8%
- 31 Dec 2018
- 71
- 69%
- 10%
- 2026
- Statement · summary on GOV.UK
- 2025
- Statement · summary on GOV.UK
- 2024
- Statement · summary on GOV.UK
Earlier years (1)
- 2021
- Statement · summary on GOV.UK
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Routes
- Global Business Mobility: Senior or Specialist Worker, Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: organic chemicals, inorganic chemicals, machinery, optical, medical and measuring instruments and plastics.
Listed by HMRC as an exporter of goods in 4 of the last 12 months on record, most recently June 2026. Main goods: plastics, iron and steel articles and machinery.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
4 events- Financial year 2025 endedAccounts: turnover £111.8m, net assets £76.1m
- Financial year 2024 endedAccounts: turnover £150.8m, net assets £83.5m, 101 employees
- Name changed to ALPEK POLYESTER UK LTDPreviously LOTTE CHEMICAL UK LIMITED
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.