Flexible Polymerics Ltd

Flexible Polymerics Ltd, based in Romford, UK, is a small, active company founded two years ago. With nine employees and £150,192 in assets, it operates from a virtual address—fifty-nine other companies registered at the same location—and is led by a single director and owner, Clutterbuck Ian. The company is an irregular importer, primarily bringing in basic metal tools and utensils, with the last import operation occurring in October 2024. It operates in the manufacture of other plastic products industries.

The company’s website highlights its focus on plastic fabrication, specifically serving the local area around Takeley. It’s a private limited company, and its website indicates a focus on custom fabrication and engineering solutions. While the site doesn’t explicitly detail e-commerce functionality, it does showcase a range of services, suggesting a business-to-business model rather than direct consumer sales.

Financially, Flexible Polymerics Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the numbers show some concerns. Cash reserves remain steady at £28,000, but trade debtors increased significantly, suggesting potential issues with customer payments. Creditors also rose, and net assets are relatively low at just £23,000. The company’s bank borrowings are at £25,000. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s financial statements are prepared in accordance with Financial Reporting Standard 102. The company is entitled to exemption from audit under Section 477 of the Companies Act 2006. The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.

Registered in England/Wales under the registration number 14534773, with a registered address at RM7 7DN, Romford, Essex, Riverside House, 1-5 Como Street.

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