Condale Plastics Limited

Condale Plastics Limited, based in East Grinstead, UK, is a sizable company with a history stretching back 54 years. Active and holding company status, it employs 92 people and holds assets valued at £6,000,719. The company, with five directors and one owner, maintains a real address and has a Google rating of 3.0 based on just two reviews. It’s a regular importer and exporter of plastics and plastic products, importing for 11 months and exporting for a substantial 173 months, with the most recent export activity recorded in February 2025.

The company’s operations center around the manufacture of plastic plates, sheets, tubes, and profiles, serving a range of industries. While a website isn’t available to analyze, this suggests a business-to-business model rather than direct-to-consumer e-commerce.

A review of the company’s financial data reveals a mixed picture. While revenue appears stable, several key indicators point to potential challenges. Accrued liabilities have decreased significantly, which could indicate improved cash flow management. However, depreciation on plant and machinery has also fallen, suggesting reduced investment or asset sales. Worryingly, cash bank on hand has halved, dropping from £5.6 million to £2.7 million. Director remuneration has increased, and staff costs have risen sharply, suggesting increased operational expenses. The company’s net assets have fallen by 37%, indicating a decline in overall financial strength. The company’s turnover is over £36 million, balance sheet total is over £18 million, and average number of employees is over 250, so it is a large company.

The company's auditor is Jacob Cavenagh & Skeet. The financial data suggests that Condale Plastics Limited is navigating a period of change, with some areas showing improvement while others raise concerns. It's likely that the company is adapting to market conditions or undergoing internal restructuring, but the decline in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 00992692, with a registered address at RH19 1TU, England, East Grinstead, Sussex, Independent Business Park Imberhorne Lane, Felbridge.

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