7ton Plastic Moulders Ltd

7ton Plastic Moulders Ltd, based in Birmingham, UK, is a small, active company founded four years ago. With a single employee and £52,973 in assets, it operates from a virtual address shared by numerous other businesses, a bit unusual. The company is led by four directors and has two owners, and boasts a perfect 5.0 Google rating from two reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The company’s website highlights its commitment to providing quality merchandise, specializing in plastic injection moulding. It offers a range of products, including tile levelling systems, food containers, and pipe stiffeners, catering to industries like furniture, DIY, catering, and plumbing. The website emphasizes British manufacturing and precision, showcasing state-of-the-art moulding machines and a focus on quality. It also has a contact page with a phone number, email address, and physical address.

Financially, 7ton Plastic Moulders Ltd presents a mixed picture. While current assets increased by 48% to £53,000, net assets have significantly declined, falling 91% to -£250,000. Bank borrowings have increased, reaching £7,500, and cash reserves have plummeted 91% to just £83. Trade debtors have ballooned by 880%, suggesting potential issues with customer payments, and creditors have increased by 130% to £280,000. The company’s small size (meeting two of three criteria for a small company) means it’s exempt from an audit, and the figures are unaudited.

It’s clear the company is facing some financial challenges, with losses deepening and cash reserves dwindling. However, its focus on British manufacturing and quality, combined with a strong online presence, could provide a foundation for future growth, although it's not clear if the company is burning through money or simply reinvesting.

Registered in England/Wales under the registration number 13286443, with a registered address at B19 2HN, United Kingdom, Birmingham, Six Ways Business Centre, 1 Guildford Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.