Kingsland Polymers Limited

Kingsland Polymers Limited, based in Shropshire, UK, is a large company with an active status, celebrating 25 years since its founding in 1999. Despite employing just two people, it holds substantial assets of £4,975,603. The company’s registered address is a virtual one, with 29 other companies registered at the same location, which is a bit unusual. It’s led by three directors and owned by two individuals, with a solo founder at its core. Kingsland Polymers is an irregular importer, primarily dealing in plastics and plastic products, with its last import operation occurring two months ago in June 2022.

The company’s website reveals it’s a specialist supplier of commodity, engineering, and industrial thermoplastic raw materials. It operates as an independently owned trading company, distributing prime and off-spec polymers in granular form. Kingsland Polymers prides itself on meeting customer demands quickly and tailoring offers to individual needs, fostering strong relationships within the UK polymer industry. It even supported The Atlantic Mavericks, a team rowing across the Atlantic Ocean, showcasing its commitment to community involvement.

Financially, Kingsland Polymers presents a mixed picture. While assets remain substantial, several key metrics have shifted. Bank borrowings decreased significantly by 35%, and cash reserves increased by 29%, suggesting improved liquidity. However, administrative expenses rose by 38%, and director remuneration increased by 38%, potentially reflecting investment in operations. Net assets remained stable, and turnover declined by 11%, which could be a cause for concern. The company's auditors are Dyke Yaxley Limited. The company’s small number of employees, combined with its large asset base, means it meets the criteria to be considered a large company.

Overall, Kingsland Polymers appears to be navigating a changing market. While it maintains a strong position as a polymer supplier, it’s important to monitor its financial trends and operational efficiency to ensure long-term success.

Registered in England/Wales under the registration number 03765588, with a registered address at SY3 7FA, Shropshire, 1 Brassey Road, Old Potts Way, Shrewsbury.

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