Haver Plastics Limited

Haver Plastics Limited, based in Saffron Walden, UK, is a small, active company founded eleven years ago. With seven employees and £2,565,933 in assets, it’s a modest operation led by two directors and a single owner. The company regularly imports plastics and plastic products—a consistent activity over the last eleven months—but exports irregularly, with just one month of activity recorded as of December 2021. It operates within the manufacture of plastic packing goods industries.

The company's website, VCI Haver Plastics, positions itself as the UK's leading supplier of VCI packaging, emphasizing its expertise in protecting automotive parts and offering a range of products from films and bags to masking covers and drum covers. It also highlights its commitment to reducing plastic waste and offers technical support and bespoke packaging solutions. The site’s focus on B2B sales and technical specifications suggests a specialized, industrial customer base.

Financially, Haver Plastics Limited demonstrates a mixed picture. Cash bank on hand increased significantly by 220% to £770,000, a positive sign of improved liquidity. However, creditors decreased by 11%, and within one year, they decreased by 25%. Trade debtors also fell by 24%, which could indicate better cash collection or reduced sales. Net assets grew by 26% to £2,000,000, and retained earnings increased by 26%. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allows for agility, but the changes in creditors and debtors suggest a need for careful financial management. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Haver Plastics Limited appears to be holding its own, with strong cash reserves and a focus on specialized packaging solutions. However, the fluctuations in debt and receivables warrant attention to ensure long-term financial stability.

Registered in England/Wales under the registration number 08638364, with a registered address at CB11 4AS, England, Saffron Walden, 6 Hill Top Lane.

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