Keto Plastics Ltd

Keto Plastics Ltd from Darlaston, UK, is a small, active company founded 14 years ago. With 18 employees and £175,117 in assets, the company generates a yearly revenue of £2,219,442. It operates from a virtual address, a fact highlighted by the presence of 50 companies registered at the same location. Keto Plastics is led by four directors and has one owner, though the owner list hasn't been updated in eight years. The company has a Google rating of 2.0 based on 36 reviews, which isn't the best.

The company’s website, ketoplastics.co.uk, advertises itself as a specialist supplier of plastic goods, offering both inside and outside home and garden products. It also caters to the trade, stocking building supplies like fixings, storage, and wheelbarrows. The site is currently promoting a new website and store that's "coming soon," suggesting ongoing investment and development. It also mentions a Dairy Crest location in West Bromwich, which could be a distribution or storage facility.

Financially, Keto Plastics Ltd presents a mixed picture. While turnover dropped by 20% to £2.2 million, operating profit soared by a staggering 2,200% to £46,000. Cash reserves, however, took a hit, falling 29% to £77,000. Creditors decreased by 55%, which is a good sign, but administrative expenses also dropped by 7.4%. The number of employees reported during the period plummeted by 50%, down to just nine – a significant change. The company’s small size (meeting two of three criteria for being considered small) helps it remain flexible, but the sharp decrease in employee numbers is something to keep an eye on. No auditor is mentioned, which is common for small companies. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 07252218, with a registered address at WS10 8TE, Darlaston, West Midlands, Staffordshire Knot, Pinfold Street.

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