Plasmatech Online Limited

Plasmatech Online Ltd from Doncaster UK: a small, active company established 26 years ago, employs three people, and holds £163,852 in assets. It operates from a real address and is managed by two directors and one owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment – a consistent activity over the last seven months.

The website, plasmaterchonline.co.uk, focuses on supplying plasma cutting spares and consumables. It caters to both distributors and end-users, offering a wide range of products suitable for major plasma manufacturers. The site highlights competitive pricing, free UK delivery, and a focus on PlasmaCUT quality consumables. It also promotes its SterlingCoolPlasmaCut water treatment and PlasmaSAFE glasses, emphasizing safety and corrosion prevention. The company even manufactures and repairs gas flux brazing systems.

Financially, Plasmatech Online Ltd presents a mixed picture. Current assets have fallen by 26% to £160,000, while net assets have dropped by 24% to £150,000. Cash reserves have also decreased by 38% to £110,000. Trade debtors have increased by 37%, which could be a sign of growing sales, but also a potential risk if payments are delayed. On a positive note, creditors have decreased by 40%, suggesting improved debt management. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the decline in equity warrants attention. No auditor is mentioned, so the financial statements are unaudited.

Overall, Plasmatech Online Ltd seems to be navigating a challenging environment, but its focus on a niche market and commitment to quality could help it weather the storm.

Registered in England/Wales under the registration number 03693923, with a registered address at DN4 6UP, Doncaster, South Yorkshire, 30 Muirfield Avenue.

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