Kingsley Plastics Limited

Kingsley Plastics Ltd from Winkleigh UK: a small, holding company with an active status, was founded 47 years ago in 1977. Employing 44 people, the company holds £3,496,778 in assets and operates from a real address. With four directors and one owner, it maintains a respectable Google rating of 4.0 based on six reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with 24 months of import activity recorded, the latest in November 2024.

Kingsley Plastics Ltd operates in the manufacture of builders ware of plastic industries. The company is a small one, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a holding company, suggesting it may own other businesses, and has a real registered address with only one other company registered at the same location.

The company’s financial performance shows some interesting trends. While net assets remained stable at £2.6 million, cash reserves increased significantly by 110% to £490,000. However, bank borrowings decreased by 88% to £170,000, and trade creditors rose by 50% to £670,000. A notable increase in trade debtors by 890% suggests potential issues with customer payments. The company’s fixed assets increased by 7.9% to £2.2 million, while net losses deepened to -£23,000. The lack of an auditor mentioned likely reflects its status as a small company exempt from an audit.

Despite the mixed financial signals, Kingsley Plastics Ltd appears to be a long-standing business with a solid foundation. Its focus on importing building materials and its established presence in the plastic industry suggest a degree of resilience. The company’s small size allows for agility, but the rising trade debtors and increased creditors warrant close monitoring.

Registered in England/Wales under the registration number 01336489, with a registered address at EX19 8DW, England, Winkleigh, Devon, . The Airfield.

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