Coda Plastics Limited

Coda Plastics Ltd from Norfolk UK: a large company, holding company, active status, founded 51 years ago, with 59 employees, holds £3,747,301 in assets, and generates £9,436,211 in yearly revenue. It operates from a real address and is overseen by four directors and one owner, boasting a 5.0 Google rating from two reviews. The company regularly imports and exports plastics and plastic products, with 36 months of import activity and 104 months of export activity.

Coda Plastics is a UK-based plastic packaging manufacturer. Its website highlights a comprehensive range of services, from custom plastic designs to injection blow moulding, catering to startups and large multinationals. The company offers both standard and bespoke packaging solutions, including PCR plastics for environmentally conscious clients. It’s clear the company is focused on providing a full-service offering, with manufacturing capabilities spanning various processes like injection moulding and extrusion blow moulding. A blog section showcases recent projects and provides insights into plastic packaging trends.

Financially, Coda Plastics shows a mixed picture. While turnover decreased by 11% to £9.4 million, assets dropped by 8.6% to £3.7 million. However, cash reserves increased by 14% to £920,000. Bank borrowings decreased significantly, falling by 50% to £19,000. Creditors also decreased by 20%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation. The company’s auditor is BW Audit Ltd.

The company’s net assets have decreased, and deferred tax has also decreased. This could be due to a number of factors, such as increased competition or changing market conditions. It's possible that the company is investing in new equipment or expanding its operations, which could be impacting its short-term profitability. The company’s large asset base and increased cash reserves, however, suggest a stable financial position overall.

Registered in England/Wales under the registration number 01116956, with a registered address at NR28 0AJ, Norfolk, Folgate Road, North Walsham.

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