Bridge Thermoplastics Limited

Bridge Thermoplastics Ltd, based in Alfreton, UK, is a small, active company established 38 years ago. With nine employees and £1,817,173 in assets, it’s a well-established player in its sector. The company, run by one director and two owners, operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts were last imported four months ago.

The company’s core business lies in the manufacture of other plastic products. While a website isn’t available for direct analysis, this suggests a B2B focus, likely supplying components or finished goods to larger manufacturers. It’s probable that Bridge Thermoplastics Ltd doesn't have a consumer-facing website, instead relying on direct sales or distributors.

Financially, Bridge Thermoplastics Ltd presents a mixed picture. Cash bank on hand increased by a healthy 19%, reaching £1.3 million, while current assets also grew by 53% to £1.8 million. However, the company’s equity dropped by 36% to £1.6 million, and average employees decreased by 33% to just six. Trade debtors soared by a massive 610%, indicating potential issues with collecting payments from customers. Property plant and equipment decreased by 9.7%, and creditors also decreased by 3.8%. These changes suggest a period of adjustment, possibly due to shifting market conditions or internal restructuring. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in employees and increase in debtors warrants closer attention. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

Overall, Bridge Thermoplastics Ltd appears to be navigating a period of change. While its asset base and cash position are strong, the increase in debtors and decrease in employees may indicate challenges in maintaining consistent revenue and staffing levels.

Registered in England/Wales under the registration number 02086404, with a registered address at DE55 6HL, Alfreton, Derbyshire, Unit 1 Old Colliery Yard, Main Road Morton.

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