Performance Plastics Limited

Performance Plastics Ltd, based in Poole, UK, is a small, active company established 24 years ago. With just three employees and a virtual address shared by 429 other companies, it’s a compact operation overseen by four directors and two owners. The company regularly imports plastics and plastic products (174 months), with the last import in February 2025, but exports are infrequent (just 2 months, last in October 2024).

The company’s website highlights its role as a stockist and distributor of polymer granules and bespoke compounds to the UK’s plastics processing industry. It caters to injection moulding, extrusion, and blow moulding, offering a variety of engineering polymers with commercial and technical support. They also offer a wide range of products from various manufacturers, including Aquapurge, BASF, and Mitsubishi Rayon, and even have a featured products section showcasing specific polycarbonate grades. The site also includes a contact form and a detailed classification of products by material, manufacturer, and colour.

Financially, Performance Plastics Ltd shows a mixed picture. Cash bank on hand has increased significantly by 220%, reaching £69,000, a positive sign. However, trade debtors have decreased by 9.3%, dropping to £680,000, and total inventories have also declined by 9.3% to £620,000. Creditors have fallen by 13%, reaching £900,000, and bank borrowings have increased by a substantial amount. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The significant increase in bank borrowings, however, suggests the company may be burning through cash to maintain operations, although the increased cash reserves could indicate a recent injection of capital. The company’s accounts were prepared using Silverfin.

Registered in England/Wales under the registration number 04075687, with a registered address at BH15 2PW, United Kingdom, Poole, Dorset, Towngate House, 2-8 Parkstone Road.

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