Great Central Plastics Limited

Great Central Plastics Ltd, based in Northamptonshire, UK, is a small, active holding company established 26 years ago. With 16 employees and £283,529 in assets, the company operates from a real address and is overseen by one director and owner. It’s been importing rubber and rubber products irregularly for two months and exporting printed materials like books and pictures for the same period.

The company’s website highlights its expertise in plastic injection moulding, offering services from product design and toolmaking to bespoke solutions for automotive and promotional products. It emphasizes sustainable manufacturing, utilising eco-friendly materials and offering services like 3D printing and post-moulding finishing. They even have a tool search feature, but currently, it’s stating they don’t have a matching tool.

Financially, Great Central Plastics Ltd shows a mixed picture. Current assets have decreased by 34%, falling to £280,000, while net assets have also dropped, down 17% to £440,000. Bank borrowings have dramatically increased by 300%, reaching £130,000, and cash reserves have fallen 38% to £130,000. Creditors have decreased by 19%, which could indicate improved debt management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size.

The significant increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be investing in growth or facing increased operating costs. It's possible the increased focus on sustainable materials and tooling is contributing to these expenses. The decrease in debtors could be a positive sign, but the overall trend indicates a need for careful financial management.

Registered in England/Wales under the registration number 03592369, with a registered address at NN11 3PZ, Northamptonshire, 13 Great Central Way, Woodford, Halse, Daventry.

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