Plastic & Timber Products Limited

Plastic & Timber Products Ltd, based in London, UK, is a small, active company that’s been around for 43 years. Founded in 1981, it employs six people and holds £269,523 in assets. The company has two directors, but no owners are reported, which is fairly common for smaller businesses. It maintains a real address and has a respectable Google rating of 4.0 based on one review.

The company operates as a distributor and stockist for ORBILAN KUNSTSTOFFWERK GmbH, a leading processor of UHMWPE and HMWPE plastics. Its website highlights a focus on machining capabilities, offering services like sawing, drilling, and turning, catering to a wide range of manufacturing needs. It even provides technical advice on suitable plastics for engineering projects. The company’s website also mentions a connection to Plastic Timber Products Ltd in Bognor Regis, West Sussex.

Financially, Plastic & Timber Products Ltd shows a mixed picture. Current assets have decreased by 13% to £270,000, while net assets have fallen by 15% to £370,000. Cash bank on hand has also dropped significantly, falling 28% to £30,000. However, creditors have decreased by 17%, suggesting improved management of short-term debts. Director remuneration has increased slightly, rising by 2% to £61,000. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the decline in assets and cash reserves warrants attention. There's no mention of an auditor, which is typical for companies exempt from an audit due to their size. The company’s dividend per share has also fallen by 33%, which could be a sign of reduced profitability.

Registered in England/Wales under the registration number 01580720, with a registered address at SW9 7JP, London, Greater London, 11 Warwick House Overton Road.

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