Melton Plastics Limited

Melton Plastics Ltd is a small, holding company with an active status, established 45 years ago in 1980. Based in Carluke, Lanarkshire, the company employs 14 people and holds assets valued at £343,333. With two directors and one owner, it operates from a real address and regularly imports machinery, boilers, and mechanical appliances – its top import category, with 23 months of activity recorded.

The company’s website highlights its role as a leading injection moulding supplier in Scotland, offering services ranging from tooling and secondary operations to product assembly. They work with a diverse range of clients, including both small and large businesses, and emphasize their expertise in thermoplastic materials and rapid response to fluctuating needs. They even offer a complete end-to-end service, sourcing components, assembling products, and handling retail-ready packaging and shipping. Their website also mentions a focus on sustainability and long-standing customer relationships.

Financially, Melton Plastics Ltd presents a mixed picture. While net assets increased by a solid 30% to £230,000, current assets declined by 7.6% to £340,000. Bank borrowings have risen significantly, increasing by 79% to £36,000, while cash reserves have fallen by 73% to £16,000. Creditors have decreased by 40%, which is a positive sign. The company's small size—meeting two of three criteria for a small company—helps it remain flexible. There is no auditor mentioned, which is common for companies of this size. The increase in bank borrowing and decrease in cash reserves suggests the company may be investing in growth, but it’s important to monitor these trends closely. The company’s focus on building relationships and providing a complete service could be key to its future success.

Registered in Scotland under the registration number SC070496, with a registered address at ML8 5UF, Castlehill Industrial Estate, Carluke.

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