Blowplast Limited

Blowplast Ltd, based in High Wycombe, UK, is a large company holding significant assets and generating substantial revenue. Founded 36 years ago, the company employs 93 people and boasts £20.13 million in assets, with yearly revenue reaching £39.19 million. It operates as a holding company with an active status, maintaining a real address and overseen by two directors and one owner. A 4.0 Google rating from five reviews suggests a positive customer experience. The company regularly imports machinery, boilers, and mechanical appliances, and exports plastics and plastic products.

Blowplast’s core business revolves around manufacturing plastic bottles and containers for the dairy industry. Its website highlights expertise in food-grade HDPE containers, bottle caps, and bespoke plastic supplies. The company operates from two strategically placed locations—High Wycombe and Sheffield—and prides itself on reacting quickly to industry changes. It’s a long-established player, having been operating for over 30 years, and is committed to delivering quality products while remaining a sustainable solution.

Financially, Blowplast Ltd presents a mixed picture. While turnover remained steady, net assets decreased by 15%, suggesting a potential drain on equity. Bank borrowings increased significantly by 2600%, reaching £250,000, while cash reserves fell 54% to £530,000. Creditors also decreased, which could indicate improved debt management. The company’s large size (meeting two of three criteria for a large company) allows for economies of scale, but the decrease in equity warrants further investigation. No auditor is mentioned, likely due to the company’s size, so the figures are unaudited.

The surge in bank borrowings, combined with the decline in cash reserves, suggests Blowplast may be investing heavily in its operations or facing increased working capital needs. It’s possible that the company is expanding its production capacity or pursuing new markets, which could explain the need for additional financing. The decrease in net assets, however, raises concerns about the company’s long-term financial health and its ability to weather potential economic headwinds.

Registered in England/Wales under the registration number 02294547, with a registered address at HP12 4HJ, High Wycombe, Buckinghamshire, Unit 1 Sands Industrial Estate, Hillbottom Road.

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