Britplas Commercial Limited

Britplas Commercial Ltd from Warrington, UK, is a small holding company with an active status, having been founded eighteen years ago in 2006. Employing thirty-seven people and boasting assets of £3,959,021, it operates from a real address and is managed by four directors and one owner. It has a stellar Google rating of 5.0 based on thirty-nine reviews. The company is an irregular importer, primarily dealing with miscellaneous metal items, with just one month of import activity recorded as of August 2022.

Britplas Commercial Ltd’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. However, the company’s core business involves glazing and other building completion and finishing services. It operates in a competitive market, with a focus on quality workmanship and customer satisfaction.

Financially, Britplas Commercial Ltd presents a mixed picture. Current assets have decreased by 4.1% to £4,000,000, while net assets have plummeted 90% to just £99,000. Bank borrowings have increased by 24%, reaching £110,000, and cash reserves have fallen 24% to £540,000. Creditors have increased by 22%, suggesting increased short-term liabilities. 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 agility, but the sharp equity drop is concerning. The company’s average number of employees has increased by 14% to 42, which could be a positive sign of growth, or a reflection of increased operational costs. The company’s accounts are unaudited, so the figures rely on director-reported data.

Overall, Britplas Commercial Ltd appears to be facing financial pressures, despite its strong Google rating and established presence in the building industry. The decrease in net assets and increase in liabilities raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 05936799, with a registered address at WA1 4RW, Warrington, Unit 18 Kingsland Grange, Woolston.

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