Plasmold Plastics Limited

Plasmold Plastics Ltd, based in Southend-on-Sea, UK, is a small, active company with a 37-year history. Employing 21 people and holding £1,196,798 in assets, it operates from a virtual address – a detail flagged by the fact that seventeen companies are registered at the same location. The business is led by four directors and has one owner, Hallinan Lee Paul. It regularly imports machinery, boilers, and mechanical appliances (parts for three months), and exports electrical machinery and equipment (for sixteen months).

The company’s website, plasmoldplastics.co.uk, details its location as 811 Oak Industrial Park, Dunmow, and highlights its focus on plastic injection molding services. It also lists a phone number and email address. The website suggests a B2B focus, catering to commercial clients with a range of plastic products.

Financially, Plasmold Plastics Ltd shows a mixed picture. Current assets increased by 5.2% to £1,200,000, while net assets rose by 8.5% to £1,300,000. Bank borrowings, however, increased significantly by 210% to £160,000, and cash reserves remained stable at £240,000. Creditors decreased by 23%, indicating improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the increase in bank borrowings, the overall trend suggests a stable, if not rapidly expanding, operation. The company’s financial statements are unaudited, as is typical for small entities.

Registered in England/Wales under the registration number 02242978, with a registered address at SS1 1BN, Southend On Sea, Essex, Victoria House, 50 Alexandra Street.

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