Halo Plastics Ltd

Halo Plastics Ltd, based in Oswestry, UK, is a small, active company founded just five years ago in 2019. With two employees and £343,522 in assets, it’s a solo-founded operation managed by a single director and owner. The business regularly imports and exports plastics and plastic products, with 12 months of activity recorded for both—the last import in February 2025 and the last export in October 2024.

The company’s website, Halo Plastics, positions itself as "The Recycled Plastic Experts," specializing in PVC products and offering services from granulation to injection moulding. It boasts over 50 years of industry experience and caters to a wide range of customers, offering both virgin and recycled materials. A sister company, Horizon Polymers, is also mentioned, suggesting a broader plastics operation. The website’s focus on knowledge, fast response times, and a commitment to quality points to a customer-centric approach.

Financially, Halo Plastics Ltd shows some concerning trends. Current assets decreased by 38% to £340,000, and net assets plummeted 45% to £130,000. Bank borrowings increased by 30% to £11,000, and cash reserves fell 45% to £46,000. Trade debtors also saw a significant drop, decreasing by 43%. While creditors decreased by 17%, the overall picture suggests a company facing financial pressures. The company meets two of three conditions to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—which helps it remain agile, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

Despite these challenges, Halo Plastics’ focus on recycled plastics and its established industry experience could provide a competitive advantage. Whether it can navigate these financial headwinds and continue its growth remains to be seen, but its commitment to quality and customer service are good signs.

Registered in England/Wales under the registration number 12056716, with a registered address at SY11 4NL, United Kingdom, Oswestry, Shropshire, Pen-Y-Belan House Hindford, Whittington.

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