Plasma-therm Uk Ltd

Plasma-Therm UK Ltd, based in Bristol, UK, is a small, active company founded five years ago in 2020. With eight employees and £212,889 in assets, it operates from a virtual address, a detail worth noting as seventy companies share the same location. The business is run by one director and two owners, though the list of owners changed three years ago.

The company’s core activity involves manufacturing other special-purpose machinery, and it’s a regular importer of machinery, boilers, and mechanical appliances, parts, with 7 months of import activity recorded, the last in July 2024. It also exports these items, but irregularly, with just 2 months of export activity.

Financially, Plasma-Therm UK Ltd presents a mixed picture. Current assets have increased significantly, jumping 270% to £800,000, while net assets have decreased to -£880,000. Bank borrowings have increased by a staggering 49%, reaching £1.3 million, and cash reserves have fallen 43% to £18,000. Creditors have increased by a substantial 68%, reaching £1.7 million, and trade debtors have plummeted 66% to £30,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity and the increase in debt are concerning. The company's financial statements are unaudited, likely due to its small size. The increase in debt may be related to the increase in trade debtors, which could indicate difficulties in collecting payments from customers.

Registered in England/Wales under the registration number 12508447, with a registered address at BS2 0ZX, United Kingdom, Bristol, One, Glass Wharf.

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