Linear Plastics Limited

Linear Plastics Ltd, based in Pontypridd, UK, is a small, active company celebrating its 50th anniversary this year. Founded in 1974, it employs 33 people and holds assets worth £3,921,733. With four directors and two owners, the company operates from a real address in Treforest Industrial Estate. While a regular exporter of plastics and plastic products for 27 months, Linear Plastics is an irregular importer, bringing in treated or layered fabrics for industrial use for just one month, the last import being in December 01, 2022.

The company’s website highlights its role as a preferred supplier to various industrial markets, specializing in injection moulding and toolmaking. They offer full technical support, from product design to dispatch, and even ship directly to customers’ production lines. Linear Plastics boasts rapid tooling with lead times of just 2-3 weeks, catering to batch sizes ranging from single figures to millions. They also specialize in overmoulding metal inserts and assembling plastic and metal components.

Financially, Linear Plastics Ltd shows a mixed picture. While cash reserves remained relatively stable at £630,000, bank borrowings increased significantly, rising by 650% to £75,000. Current assets remained constant at £3,900,000. Net assets also remained stable at £5,300,000. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. However, the increase in borrowings suggests a need for more funding, perhaps to support investments in new production cells, as mentioned on their website. The company’s net loss was £4,900, a slight decrease from the previous year. The company is exempt from audit, and the financial statements are unaudited.

Overall, Linear Plastics Ltd appears to be a well-established, albeit small, business navigating a competitive market. The company’s focus on technical expertise and customer service, combined with its long history, positions it well for continued success, although the increase in debt warrants close monitoring.

Registered in England/Wales under the registration number 01188570, with a registered address at CF37 5UA, Pontypridd, Rhondda Cynon Taff, Unit Ub2 Off Tonteg Road, Treforest Industrial Estate.

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