Europlaz Technologies Ltd

Europlaz Technologies Ltd, based in Southminster, UK, is a sizable company with a 24-year history, currently employing 107 people. The company, a holding entity with an active status, boasts significant assets of £5,653,033 and generates an annual revenue of £11,935,642. With four directors and one owner, it holds a perfect 5.0 Google rating from three reviews. Europlaz is a regular importer and exporter of plastics and plastic products, with 106 months of import activity and 40 months of export activity, the latest being January 01, 2025.

The company’s website highlights its role as a medical device manufacturer, offering services ranging from feasibility studies and prototyping to contract manufacturing and regulatory support. It caters to sectors like diagnostic devices, drug delivery systems, and life science, emphasizing its expertise in injection moulding, cleanroom assembly, and risk management. Europlaz actively promotes its commitment to innovation and long-term partnerships, aiming to be a manufacturing extension for its clients.

Looking at the financial data, Europlaz shows some concerning trends. Accrued liabilities decreased by 42%, which is a positive sign, but cash and cash equivalents also dropped by 120%, leaving only £1.9 million in reserves. Bank borrowings increased substantially, by 300%, reaching £230,000. While turnover increased by 19%, net losses deepened, suggesting rising costs are eating into profits. A significant decrease in deferred tax liabilities, by 70%, might reflect changes in tax strategies or accounting practices. The company’s small size (meeting two of three criteria for a large company) allows for flexibility, but the declining equity raises questions about its financial stability. The absence of an auditor mentioned suggests the company is exempt from a full audit, meaning the financial information is unaudited.

Overall, Europlaz Technologies Ltd appears to be a well-regarded manufacturer facing financial pressures. While its strong reputation and diverse service offerings are assets, the declining reserves and increasing debt warrant close monitoring.

Registered in England/Wales under the registration number 04046384, with a registered address at CM0 7EQ, England, Southminster, Europlaz Technologies Ltd, The Maltings Industrial Estate.

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