Newplas Limited

Newplas Ltd from Derby UK is a small, active company founded 15 years ago, in 2009. With nine employees and £1,728,928 in assets, it’s a modest operation led by one director and two owners, holding a perfect 5.0 Google rating from seven reviews. It’s an irregular importer, primarily dealing in wood and wood products, with its last import activity recorded two months ago in October 2024.

The company’s website, NewPlas, positions itself as a nationwide supplier of PVCUE building products, catering to both commercial and individual customers. It emphasizes a wide product range, a 20-year guarantee on white profile products, and eco-friendly manufacturing processes using calcium organic stabilisers. The site’s product categories include cladding, fixings, rainwater systems, and window line components, indicating a focus on wholesale distribution to the construction and renovation sectors. The company also boasts a fast delivery service and prides itself on providing a local customer experience.

Financially, Newplas Ltd shows a mixed picture. While current assets increased by 18% to £1,700,000, net assets decreased by 2.9% to £290,000. Bank borrowings decreased by 40% to £64,000, and cash reserves remained steady at £100,000. Creditors increased by 28% to £1,400,000, suggesting a reliance on credit from suppliers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors needs to be watched. No auditor is mentioned, likely due to its status as a small company.

Overall, Newplas Ltd appears to be a stable, albeit small, business navigating the challenges of the building materials market. Its focus on customer service and eco-friendly products could be key to its continued success, although the rise in creditors is something to keep an eye on.

Registered in England/Wales under the registration number 07049106, with a registered address at DE24 8SR, United Kingdom, Derby, Units 1-2 Jubilee House, 24 Sandown Road.

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