Alternative Plastics Limited

Alternative Plastics Ltd, based in Nuneaton, UK, is a small, family-run business with an active status. Founded 38 years ago in 1987, it employs eleven people and holds £1,537,216 in assets. With a real address and three directors, the company is a long-standing presence in the plastics industry. It regularly imports plastics and plastic products—a consistent 113-month activity—and occasionally exports basic metal tools and utensils, with two months of export activity recorded.

The company’s website positions it as a specialist supplier of cast acrylic sheet, block, rods, tubes, and related fabrication aids. It caters to various markets, including point of sale, engineering, fabrication, and aquarium industries. Notably, it highlights a proven track record gained over 19 years, and even showcases impressive case studies, such as supplying massive acrylic beams for a Sheffield City refurbishment and directional signs for Selfridges. The website emphasizes competitive pricing, detailed technical information, and a commitment to customer satisfaction.

Financially, Alternative Plastics Ltd presents a mixed picture. Current assets decreased by 3.9% to £1,500,000, while net assets declined by 5.2% to £1,600,000. Cash reserves dropped by 9.4% to £700,000, and bank borrowings remain stable. Trade debtors increased by 16%, suggesting potentially improved sales, and creditors decreased slightly. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the slight decrease in equity could indicate a need for careful financial management. No auditor is mentioned, likely due to the company's exemption as a small entity. The company’s financial statements were prepared by Ellacotts LLP. Overall, Alternative Plastics Ltd appears to be a stable, long-standing business, but it should monitor its equity and cash flow to ensure continued financial health.

Registered in England/Wales under the registration number 02092450, with a registered address at CV10 7JT, Bermuda Industrial Estate, Nuneaton Warwickshire, Unit 1 Buckingham Close, St Georges Way.

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