Hallam Polymer Engineering Limited

Hallam Polymer Engineering Ltd from Dronfield, UK, is a small, holding company with an active status, having been founded 39 years ago in 1985. The company employs nine people and holds assets valued at £1,208,045. It operates from a real address and is overseen by two directors and one owner, boasting a respectable Google rating of 4.0 based on three reviews. The company is an irregular importer of plastics and plastic products, with two months of import activity recorded, and a regular exporter of vehicles, parts, and accessories (excluding trains and trams), with four months of export activity.

The company's website highlights its expertise in polyurethane products, including wheels, rollers, sheets, and bespoke moulding services. It also supplies a wide range of plastics, acting as a leading UK supplier. A key differentiator is its VThane polyurethane, a high-performance material used in custom mouldings and restoration projects. The website also details the company's services, including roller and wheel refurbishment, and even offers a service for disaster recovery of damaged pianos.

Financially, Hallam Polymer Engineering Ltd shows a mixed picture. Current assets increased by 12% to £1,200,000, while net assets grew by 13% to £1,200,000. However, bank borrowings surged by 1,300%, reaching £29,000, and cash reserves decreased by 24% to £100,000. Creditors increased by 26% to £96,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the increase in bank borrowings suggests a need for careful cash flow management. There is no auditor mentioned, likely due to the company’s status as a small entity.

Overall, Hallam Polymer Engineering Ltd appears to be a stable, albeit small, company navigating the challenges of a competitive market. Its focus on specialized polyurethane products and refurbishment services provides a degree of differentiation, but the increased reliance on bank borrowing warrants close monitoring.

Registered in England/Wales under the registration number 01928595, with a registered address at S18 2XR, Dronfield, Derbyshire, Traso House, Callywhite Lane.

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