Amber Plastics Limited

Amber Plastics Ltd, based in Sheepbridge, UK, is a small, holding company with an active status. Established 44 years ago in 1981, it employs 28 people and holds assets of £1,013,712. With two directors and a single owner, the company operates from a real address and regularly imports optical and medical tools and devices (3 months) and exports plastics and plastic products (4 months).

The company’s website highlights its specialization in rotational moulding – a process used to create durable plastic products. Amber Plastics offers a full-service approach, from product development assistance to finished component delivery. They emphasize cost reductions and performance enhancements through rotational moulding, catering to industries needing tanks of all shapes and sizes. The website details the process and its advantages, including design flexibility, reliable construction, and cost-effectiveness. They even provide a contact number, 01246 456525.

Financially, Amber Plastics Ltd shows some interesting trends. While cash reserves increased by a substantial 450%, rising to £240, net assets declined by 150%, settling at £89,000. Bank borrowings have decreased significantly, falling by 91%, now at £7,800. Creditors have also decreased, down 71% to £23,000. The company meets the criteria to be considered a small company, with a turnover under £10.2 million and fewer than 50 employees. Depreciation on plant machinery has remained consistent, at £14,000. The company is exempt from an audit.

Overall, Amber Plastics Ltd appears to be navigating a period of change. While some financial metrics have improved, the decrease in net assets suggests a need for careful management. The company’s long-standing presence in the rotational moulding industry, combined with its focus on customer service, positions it well for continued success, but keeping a close eye on the balance sheet is essential.

Registered in England/Wales under the registration number 01553309, with a registered address at S41 9QJ, Sheepbridge, Chesterfield, Broombank Road, Chesterfield Industrial Estate.

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