Europlast (blackburn) Limited

Europlast Blackburn Ltd, based in Blackburn, UK, is a sizable company with an active status, celebrating 32 years in business. Employing 71 people and boasting assets of £8,430,260, the company operates from a real address and is managed by two directors and one owner. A Google rating of 4.0 from 29 reviews suggests a positive customer experience. Europlast is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded just last month.

The company’s website highlights its focus on bespoke plastic packaging fabrication, catering to clients with specific needs. For over 30 years, Europlast has expanded its business, becoming a leading manufacturer of polythene plastic packaging materials in the UK. They offer a wide range of products, including food packaging, shrink wrap, bubble wrap, and mailing bags, and even provide services like manufacturing, cutting, sealing, and packing to the highest quality control standards. Europlast’s commitment extends to environmental responsibility, with accreditation for waste reprocessing and a focus on ISO 9001 conformance.

Financially, Europlast shows some concerning trends. Accrued liabilities decreased by 31%, which is a positive sign, but depreciation on plant machinery also dropped by 6.5%. However, administrative expenses increased significantly by 12%, and cash bank on hand rose by 24%, reaching £4.4 million. Trade debtors increased by 890%, which could indicate issues with customer payments, and net losses deepened, although bank borrowings surged by 2,400%. It's a large company, meeting two of three conditions for size (turnover over £36 million, balance sheet over £18 million, and over 250 employees), but the significant increase in administrative expenses and the rise in trade debtors warrant further investigation. The company's financial statements were audited by Pierce C A Limited. Overall, while Europlast appears to be a well-established player in its market, the financial data suggests it's facing some challenges.

Registered in England/Wales under the registration number 02798524, with a registered address at BB1 2QR, Blackburn, Lancashire, Euro House Units 1 & 2, Shadsworth Business Park,, Duttons Way.

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