Peak Plastics Limited

Peak Plastics Ltd, based in Ripley, UK, is a small, family-run business with an active status, celebrating 54 years in operation. Founded in 1971, the company employs 20 people and holds £447,394 in assets. It operates from a real address and is overseen by three directors and three owners. Boasting a perfect 5.0 Google rating from a single review, Peak Plastics is an irregular importer of machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in April 2021.

The company’s website showcases its capabilities in injection molding, including machine capacity, the molding process, and material options. It offers standard parts alongside custom solutions, and highlights services like development, prototyping, and value-added tooling. The site clearly targets businesses seeking plastic injection molding services, with a focus on quality control and efficient production.

Financially, Peak Plastics Ltd presents a mixed picture. While current assets remained relatively stable at £450,000, equity decreased significantly by 28% to £320,000. Bank borrowings saw a substantial reduction of 80%, falling to £2,500, and cash reserves declined by 44% to £55,000. Creditors, however, increased considerably by 230%, reaching £210,000. 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 decrease in equity warrants attention. The unaudited figures, as a small company, rely on director-reported data.

Overall, Peak Plastics Ltd appears to be navigating a period of change. While its injection molding services seem well-established, the financial trends suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 01002314, with a registered address at DE5 3NW, England, Ripley, Derbyshire, High Holborn Road, Codnor Gate Business Park.

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