Aavpd Limited

AAV Plastics is a small, UK-based company from Bridport, Dorset, specializing in plastic injection moulding. Founded eighteen years ago, it currently employs twenty-two people and holds assets of £2,975,341. The company has a real address and is managed by one director and one owner, Wettern Laurence Patrick. It regularly imports machinery, boilers, and mechanical appliances parts (six months) and exports the same (sixty-three months).

The company’s website, AAV Plastics, showcases a full-service operation, offering design, prototyping, toolmaking, moulding, assembly, and finishing. They cater to both local and international clients, producing plastic components for resale. AAV Plastics also owns Tigrox Ltd. Their products include innovative items like HandsFree, Tigrox Banner, and the Ring Bin, demonstrating a focus on design and functionality.

Financially, AAV Plastics shows a mixed picture. Current assets have decreased by 7.4% to £3,000,000, while net assets have also fallen by 8.5% to £2,900,000. Bank borrowings have remained relatively stable, and cash reserves have declined by 13% to £1,600,000. Creditors have increased by 4.1% to £270,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in net assets could indicate some financial pressures. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, AAV Plastics appears to be a well-established manufacturer facing the typical challenges of a small business. Its diverse product range and commitment to design suggest a strong foundation, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 06128890, with a registered address at EX32 7DD, Barnstaple, Devon, 30 Bear Street.

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