Plastchim International Ltd

Plastchim International Ltd, based in Milton Keynes, UK, is a small, active company established seven years ago. With a single employee and £2,270,420 in assets, it operates from a real address and is managed by one director and owner. The company is a regular importer of plastics and plastic products, having imported for nine months, with the last import occurring in March 2024. It’s an irregular exporter, having exported for just one month, with the last export dating back to July 2021.

The company’s website showcases a range of flexible packaging films and woven packaging solutions, catering to food, non-food, label, and tobacco industries. It offers metalized, transparent, and specialized films, alongside containers, PP bags, and polypropylene yarn. A key feature is the online order portal, designed to streamline access to account details, order management, and document libraries. The website also highlights a history spanning 185 years, with multiple production and logistics centers across Europe, and emphasizes sustainability and recyclable packaging. Recent news items focus on leadership programs, sales kickoffs, and participation in industry summits.

Financially, Plastchim International Ltd presents a mixed picture. Cash bank on hand has decreased by 26% to £190,000, while creditors have increased significantly by 28% to £2,500,000. Net assets liabilities have dramatically fallen to -£270,000, a substantial shift from the previous year. Trade debtors have also risen sharply, increasing by 100% to £410,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in net assets and increase in liabilities suggest potential financial pressures. The lack of an auditor mentioned indicates the company is likely exempt from an audit, relying on unaudited statements. It’s clear the business is holding its own in a competitive market, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 11150820, with a registered address at MK4 1GA, United Kingdom, Milton Keynes, 11 Shirwell Crescent, Furzton.

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