Plastech Limited

Plastech Limited, based in Preston, UK, is a sizable company operating as a holding entity with an active status. Established 30 years ago in 1994, it employs 52 individuals and holds assets totaling £4,132,663. While it has a registered address, 86 other companies share this location, suggesting a virtual address. The company is managed by three directors and has one owner, and it runs an e-commerce site. Plastech is a regular importer of plastics and plastic products, with 55 months of import activity recorded, the latest being January 2025.

The company’s website highlights its role as a supplier of ducting, drainage, and supply systems for the construction, civil engineering, and agricultural industries. It operates from multiple depots across the UK, including Wigan, Shrewsbury, Doncaster, and Newcastle. Plastech offers a wide range of products, from below-ground drainage to above-ground drainage, and caters to both commercial and industrial clients. Case studies on the website showcase successful projects and positive customer feedback, emphasizing the company’s expertise and commitment to service.

Financially, Plastech Limited presents a mixed picture. Current assets have decreased by 15% to £4,100,000, while net assets have increased by 9.4% to £4,200,000. Bank borrowings have significantly reduced by 57% to £16,000, and cash reserves have fallen by 37% to £75,000. Creditors have decreased by 21%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in cash reserves warrants attention. The company’s financial statements are audited by MHA, and the report states that the directors acknowledge their responsibilities under the Companies Act. The decrease in administrative expenses by 22% is a positive sign, but the increase in deferred tax expense credit by 51000% is a little concerning.

Registered in England/Wales under the registration number 02950333, with a registered address at PR1 3HP, Preston, Lancashire, Richard House, Winckley Square.

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