Filon Products Limited

Filon Products Ltd, based in Burntwood, UK, is a medium-sized holding company with an active status. Established 22 years ago in 2002, it employs 78 people and holds assets valued at £13.25 million. The company’s yearly revenue sits at £16.98 million, with a real address registered. Three directors and three owners manage the business. It’s a regular importer of glass and glassware (39 months of imports, last operation in February 2025) and an irregular exporter of plastics and plastic products (2 months of exports, last operation in January 2024).

The company’s website is not available, so it’s difficult to determine its exact operations beyond the import/export activities. It appears to be involved in the manufacture of other plastic products.

Financially, Filon Products Ltd presents a mixed picture. Current assets decreased by 3.9% to £13 million, while net assets increased by 12% to £12 million. Bank borrowings decreased significantly by 62%, falling to £500,000, and cash reserves increased by 26% to £1.4 million. Creditors also decreased by 36%, suggesting improved debt management. The company meets the criteria for a medium company, with turnover under £36 million, assets under £18 million, and fewer than 250 employees. A significant increase in staff numbers, from 78 to 82, could indicate expansion, but also potentially higher operating costs. The auditor’s report, conducted by BSN Associates Limited, states that the company has prepared its accounts in compliance with the provisions applicable to companies subject to the medium companies regime.

Overall, Filon Products Ltd appears to be financially stable, with improved cash flow and reduced debt. The increase in staff numbers, however, warrants monitoring to ensure it doesn’s negatively impact profitability.

Registered in England/Wales under the registration number 04507961, with a registered address at WS7 3JQ, Burntwood, Staffordshire, Unit 3 Ring Road Zone 2, Burntwood Business Park.

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