Desch Plantpak Limited

Desch Plantpak Limited, based in Maldon, UK, is a large, active company established 61 years ago in 1964. Employing 54 people, the business holds £2,951,773 in assets and operates from a real address. While it has three directors, there are no owners listed, and its Google rating currently sits at 1.0 based on just three reviews. The company regularly imports plastics and plastic products (57 months) and exports machinery, boilers, and mechanical appliances (11 months).

Desch Plantpak Limited specializes in the manufacture of other plastic products, operating from Burnham Road, Mundon. The company's website doesn't explicitly detail e-commerce operations; instead, it highlights the production of plastic components for various industries. It's a traditional manufacturing operation, not a direct-to-consumer retailer.

Financially, Desch Plantpak Limited shows some concerning trends. While turnover remains undisclosed, net assets have plummeted 99% to just £270,000, a significant drop. Bank borrowings have surged by an impressive 500%, reaching £4.9 million, while cash reserves have fallen 98% to a meager £53. Trade creditors have also increased by 150%, indicating a reliance on credit. On the positive side, staff costs decreased by 14%, suggesting efforts to control expenses. The company's large size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt as a small company) mean the figures are unaudited.

Despite these challenges, the company's long history and established export activities suggest resilience. The sharp decline in equity, however, raises questions about its financial health and future prospects. It's clear that Desch Plantpak Limited is navigating a difficult period, and its ability to adapt will be crucial for its continued success.

Registered in England/Wales under the registration number 00794214, with a registered address at CM9 6NT, Maldon, Essex, Burnham Road, Mundon.

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