Parafix Tapes And Conversions Limited

Parafix Tapes And Conversions Ltd from Lancing UK: large company, holding company, active status, founded 52 years ago, 99 employees, £8,703,480 assets, real address, 6 directors, 1 owner, google rating 3.0 based on 7 reviews. Regular importer of plastics and plastic products (164 months imported). Regular exporter of plastics and plastic products (267 months exported). It’s a substantial player in the UK manufacturing sector, operating as a holding company and employing a workforce of ninety-nine individuals. The company boasts significant assets, valued at £8.7 million, and maintains a real address in Lancing, West Sussex. With six directors and one owner, Parafix Tapes And Conversions Ltd is a well-established entity, having been incorporated fifty-two years ago. Its Google rating of 3.0, based on seven reviews, suggests room for improvement in customer perception. The company regularly imports and exports plastics and plastic products, with a strong track record of over 160 months of import activity and over 270 months of export activity.

Parafix Tapes And Conversions Ltd operates primarily as a manufacturer, focusing on the conversion and distribution of self-adhesive materials. While the company’s core business revolves around this, it’s unclear how closely the two are linked. The company prides itself on British craftsmanship.

Financially, Parafix Tapes And Conversions Ltd shows some interesting trends. Current assets increased by 32%, reaching £8.7 million, while net assets increased by 6.9%, reaching £5.8 million. Bank borrowings surged by 160%, reaching £440,000, and cash reserves increased by 160%, reaching £43,000. Creditors decreased by 59%, suggesting better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and more than ninety nine employees) helps it maintain a strong position. The accounts are audited by Sumer Audit.

Overall, Parafix Tapes And Conversions Ltd appears to be a financially stable and well-established company, although the surge in bank borrowings warrants further investigation. The company’s focus on plastics and plastic products, combined with its long history of import and export activity, suggests a resilient business model.

Registered in England/Wales under the registration number 01066993, with a registered address at BN15 8UA, Lancing, West Sussex, 53 Spencer Road, Lancing Business Park.

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