Plastecowood Limited

Plastecowood Ltd, based in Bodelwyddan, UK, is a small, active company established eleven years ago. With 25 employees and £1,769,331 in assets, it operates from a real address and is overseen by six directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in June 2024. It exports these same items irregularly, with the last export occurring in August 2024.

The company's website showcases a unique business model centered around recycling plastic waste into durable outdoor products. Plastecowood manufactures a wide range of items, including beach boxes, benches, fencing, and decking, all made from recycled plastic. The site emphasizes the ecological benefits of its products, highlighting their weather resistance, long lifespan, and contribution to reducing landfill waste. It even boasts an award-winning environmental challenge. The site also features a section on "Smartawood," modular tables designed for hospitality, and a separate division dedicated to piano restoration, demonstrating a diverse range of business activities.

Financially, Plastecowood Ltd shows some concerning trends. While average employees increased by 40% to 35, net assets increased by 31% to £4,800,000. However, cash reserves fell 4.6% to £180,000, and bank borrowings increased significantly by 60% to £510,000. Trade debtors also increased by 52%, suggesting potential issues with customer payments. The company's small size (meeting two of three criteria for a small company) means it’s exempt from an audit, so the figures are unaudited. The increase in borrowing could be to fund expansion, or it could be a sign of tighter cash flow. The company’s reliance on recycled materials is a strength, but the fluctuating financials suggest a need for careful management.

Registered in England/Wales under the registration number 08914626, with a registered address at LL18 5SQ, Bodelwyddan, Denbighshire, Unit 2 Expressway Business Park.

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