Counterplas Limited

Counterplas Ltd from Walsall, UK, is a large, active company established 34 years ago. With 75 employees and £3,584,085 in assets, it’s a significant player in the region, boasting a perfect 5.0 Google rating based on five reviews. The company operates from a real address and is led by two directors and one owner. It regularly imports electrical machinery and equipment (last import in August 2024) and exports machinery, boilers, and mechanical appliances (last export in January 2025).

The company specializes in the manufacture of other plastic products, offering quality printing, plating, injection moulding, and assembly services. It's clear from their website that Counterplas focuses on providing custom plastic solutions for various industries. While no e-commerce presence is apparent, their website showcases a range of capabilities and a commitment to customer service.

Financially, Counterplas Ltd shows a mixed picture. Current assets decreased by 13%, dropping to £3,600,000. Bank borrowings also declined, falling 32% to £170,000, which is a positive sign. However, net losses increased by 40%, reaching £390,000, and cash reserves dropped 31%, sitting at £210,000. Staff costs remained constant at £1,900,000, while creditors decreased by 19%, suggesting improved debt management. The company meets the criteria for a large company, having met two of three conditions. The audit was conducted by Bache Brown & Co Limited.

Despite the increased losses, the company’s long-standing presence and consistent export activity indicate resilience. The decrease in assets and cash reserves could be attributed to investments in new equipment or expansion efforts, but it's worth monitoring closely. The stable staff costs suggest efficient operations, and the reduced debt is a welcome development.

Registered in England/Wales under the registration number 02560907, with a registered address at WS6 7AL, England, Walsall, West Midlands, Landywood Lane, Cheslyn Hay.

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