Entoplast Ltd

Entoplast Ltd, based in Hemel Hempstead, UK, is a small, active company founded four years ago. With three employees and £49,111 in assets, it operates from a virtual address, managed by a single director and two owners. The company is an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded one month ago in March 2023. Its website highlights a focus on sustainable chitin and chitosan production derived from black soldier flies—a greener alternative to crustacean-based sources.

The company’s website showcases a growing business focused on biotechnology. It offers bespoke chitin and chitosan products tailored to various applications, including bone regeneration, crop protection, and anti-aging skincare. The site features blog posts detailing the benefits of these biopolymers and emphasizes Entoplast's commitment to innovation and sustainability. It's clear the company is targeting niche markets with high-value products.

Financially, Entoplast Ltd presents a mixed picture. While cash reserves have impressively surged by 220,000% to £24,000, net assets have plummeted by 250% to -£16,000. This significant equity drop is concerning, although it could be due to increased investment in the business. Trade creditors have also increased by 150% to £65,000, which might reflect expanding operations and supplier relationships. The company’s bank borrowings have decreased significantly, dropping 53% to £9,800, suggesting better debt management. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the sharp decline in equity warrants closer scrutiny. No auditor is mentioned, consistent with its status as a small, audit-exempt company.

Overall, Entoplast Ltd appears to be a dynamic, albeit financially vulnerable, startup. Its focus on sustainable biopolymers and niche applications is promising, but the company will need to carefully manage its finances to ensure long-term success.

Registered in England/Wales under the registration number 13285951, with a registered address at HP1 3AH, England, Hemel Hempstead, 87a High Street, The Old Town.

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