Iconic Plastics Ltd
- Small
- Active
- 13 years
- 5 employees
- £261,371 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Iconic Plastics Ltd, based in Winchmore Hill, UK, is a small, active company founded thirteen years ago. With five employees and £261,371 in assets, it operates from a virtual address, a detail flagged by the presence of fifty-seven other companies registered at the same location. Suleyman Shengul is both the director and owner, acting as the solo founder of this plastic products manufacturer. The company regularly imports machinery, boilers, and mechanical appliances parts, with the last import occurring just two months ago.
The company's website highlights its focus on precision injection molding and manufacturing, offering an "Integrated Manufacturing Solution" for plastic components. They cater to diverse industries, including automotive, industrial, construction, and telecommunications, emphasizing design development, manufacturing, and a customer-centric approach. Testimonials praise their competitive costs, localized supply, and commitment to quality. The site even features a knowledge hub with news, case studies, and investment updates. They are even offering a callback service, which is a nice touch.
Financially, Iconic Plastics Ltd shows some mixed signals. While cash reserves increased by 30% to £22,000, net assets declined by 3.7% to £480,000. Trade debtors decreased by 31%, suggesting improved collection efforts, but creditors also fell by 52%, which is a little concerning. Plant and machinery depreciation increased by 15%, and bank borrowings decreased by 39%, which is a positive sign. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decrease in equity warrants a closer look. No auditor is mentioned, which is common for companies of this size.
Overall, Iconic Plastics Ltd appears to be a stable, albeit small, operation, navigating the challenges of a competitive market. Their focus on integrated manufacturing and customer service positions them well, but the financial trends suggest they need to keep a close eye on their equity and manage their debts carefully.
Registered in England/Wales under the registration number 08080884, with a registered address at N21 3NA, Winchmore Hill, London, 1 Kings Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Director's details changed for Mrs Shengul Suleyman on 2025-05-23Download 2 pages pdf report
-
Confirmation statement made on 2025-05-23 with no updatesDownload 3 pages pdf report
-
Change of details for Mrs Shengul Suleyman as a person with significant control on 2025-05-23Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Iconic Plastics Ltd
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