Plaslant Limited

Plaslant Ltd, based in Leeds, UK, is a small, active company with a long history, having been founded 60 years ago in 1965. The company employs eight people and holds £823,905 in assets. With two directors and one owner, it operates from a real address and is a somewhat irregular importer of machinery, boilers, and mechanical appliances—parts, with the last import activity recorded one month ago in December 2022.

Plaslant Ltd is a precision engineering and toolmaking business serving the plastics industry. The company prides itself on good customer service and helping customers achieve high-quality manufacturing standards. They manufacture robust, high-volume tooling and are a family-run business that has been operating since 1965. Their services include mould design, manufacturing, precision engineering, EDM spark erosion, plastic injection moulding, and welding. The company has a physical presence at a Newhouse Industrial Estate in Motherwell, Lanarkshire, and actively promotes itself on social media platforms like Facebook, Twitter, Instagram, and LinkedIn.

Financially, Plaslant Ltd’s recent performance presents a mixed picture. While cash bank on hand increased by 24% to £630,000, net assets remained stable at £1,500,000. However, accumulated depreciation impairment property plant equipment grew by 3.4% to £56,000, and average number of employees increased significantly by 62% to 13. Trade debtors decreased by 29% to £160,000, which could indicate improved collection efforts, but creditors also increased by 17% to £370,000. 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 increase in employee numbers and the rise in creditors suggest a need to manage costs carefully. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 00846255, with a registered address at LS19 6AP, Leeds, West Yorkshire, 12 Greenacre Park Rawdon.

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