Emkay Plastics Limited

Emkay Plastics Ltd, based in Norwich, UK, is a small, active company established 24 years ago. With 12 employees and £3,208,683 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports basic metal tools and utensils (5 months) and exports plastics and plastic products (27 months), with the latest export activity recorded in July 2024.

The company’s website, Emkay Plastics, positions itself as a leading global distributor of performance foams, specifically ROHACELL. It caters to a wide range of industries, including aerospace, automotive, and medical, offering fabrication services like cutting, shaping, and heat treatment. The site showcases a comprehensive selection of ROHACELL grades and emphasizes its ability to provide JIT manufacturing, stock ready for despatch, and expert advice. It seems to be primarily an intermediary, facilitating the distribution of materials rather than manufacturing them directly.

Financially, Emkay Plastics Ltd presents a mixed picture. Cash reserves decreased by 38%, dropping to £510,000, while bank borrowings were eliminated, a positive sign. Current assets increased by 21%, reaching £3,200,000, and trade debtors increased significantly by 98%, to £1,100,000, which could indicate a reliance on customer payments. Creditors decreased by 58%, a good sign for managing debt. The company meets the criteria for being a small company, with turnover under £10.2 million and assets under £5.1 million. Property plant equipment decreased by 25%, to £18,000, which could be due to depreciation or asset disposal. The company is exempt from an audit, as it is a small company.

Overall, Emkay Plastics Ltd appears to be a stable distributor navigating the challenges of fluctuating customer payments and asset depreciation. Its focus on specialized materials and value-added services suggests a niche market strategy, but the financial data indicates a need to monitor cash flow and manage debt effectively.

Registered in England/Wales under the registration number 04009769, with a registered address at NR13 6NT, England, Norwich, Composite House, Unit 25 Composite House, Unit 25 Earl Road, Rackheath.

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