Ac Plastics Limited

Ac Plastics Ltd, based in Liverpool, UK, is a small holding company with an active status, having been established 37 years ago in 1987. Employing 60 people, the company holds assets valued at £2,464,891 and operates from a real address. It's managed by five directors and owned by Brabco 1022 Ltd. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 20 months of import activity, and exports the same items, with 62 months of export activity.

The company’s website highlights its role as a plastic injection moulder, boasting over 60 years of experience. They provide high-quality injection moulding solutions for both low and high-volume production, offering services from design and prototyping to tooling, thermoplastic moulding, project management, finishing, and distribution. Their sectors include automotive, construction, electronics, oil & gas, and water treatment. They even offer sustainable manufacturing options.

Financially, Ac Plastics Ltd presents a mixed picture. While current assets increased by 8.6% to £2,500,000, net assets grew by just 3.9% to £820,000. Bank borrowings surged by 39%, reaching £1,400,000, while cash reserves decreased by 76% to just £7,200. Creditors decreased by 21%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decrease in cash reserves raises questions. The company’s accounts are unaudited, likely due to its status as a small company.

The increase in bank borrowings, combined with the decrease in cash reserves, suggests the company may be investing in growth or facing temporary financial pressures. It’s also worth noting the increase in trade debtors, indicating potential delays in customer payments. The directors list was changed two months ago, which is a good sign, but the overall financial picture warrants close monitoring.

Registered in England/Wales under the registration number 02164843, with a registered address at L36 6AN, United Kingdom, Liverpool, A C Plastics, Wilson Road.

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