Accuma Plastics Limited

Accuma Plastics Ltd, based in Corby, UK, is a holding company with an active status, celebrating 46 years in business. Employing 46 people and boasting assets of £11,747,746, the company operates from a real address and is overseen by two directors and one owner. It’s a regular importer of plastics and plastic products (48 months) and a regular exporter of electrical machinery and equipment (39 months), with the last import/export operations occurring in January 2025.

The company’s website, Accuma S.p.A., reveals a specialized manufacturer of components for electric accumulators, using injection moulding and cold forging techniques. They supply batteries for automotive, traction, stationary, and recombination batteries, with production plants in Italy and associate companies across Europe and the United States. The website highlights 40 years of experience, 180 injection moulding machines, a 300,000 square meter area, 500 employees, and certifications including IATF 2024 and ISO 9001.

Financially, Accuma Plastics Ltd presents a mixed picture. While cash and cash equivalents increased by 5.2% to £5.3 million, current assets remained relatively stable at £12 million. However, net assets declined by 1.3% to £21 million. Bank borrowings increased significantly, and staff costs rose, indicating potentially increased operational expenses. The company’s net loss deepened considerably, though it’s worth noting that the figures are unaudited and don't mention an auditor. The increase in trade debtors suggests that the company may be experiencing delays in receiving payments from customers.

Overall, Accuma Plastics Ltd appears to be a well-established player in its sector, but the financial data suggests it’s facing some challenges. The company's long history and global presence, however, offer a solid foundation for future growth, though a closer look at its cash flow would be benificial.

Registered in England/Wales under the registration number 01365374, with a registered address at NN17 4AP, Corby,, Northants., 26 Princewood Road,, Earlstrees Industrial Estate,.

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