K S Plastic Ltd

K S Plastic Ltd, based in Royston, UK, is a small, active company founded seven years ago in December 07, 2017. With eight employees and £1,325,935 in assets, it operates from a virtual address—37 other companies share this location—and is led by a single director and owner, Ma Kai. The business enjoys a stellar 5.0 Google rating from seven reviews and is regularly importing machinery, boilers, and mechanical appliances, though the last import was recorded four months ago in October 2021. K S Plastic Ltd is involved in the recovery of sorted materials.

The company’s website is minimal, offering little insight beyond its core business. There’s no e-commerce presence, suggesting a business-to-business model rather than direct retail. It seems they focus on the recovery of sorted materials, a vital part of the recycling industry.

Financially, K S Plastic Ltd presents a mixed picture. While current assets have increased significantly—a 120% jump to £1,300,000—net losses have deepened. Cash reserves have fallen by a substantial 45% to £140,000, and trade debtors have surged by a staggering 280%, potentially indicating issues with customer payments. Creditors, however, have decreased by 53%, suggesting improved debt management. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and has no auditor mentioned, as it's exempt.

The increase in debtors is something to keep an eye on. While the company’s assets have grown, the reliance on customer payments could create cash flow challenges. The fact that the company is a solo founder is also something to note, as it could mean that the company is reliant on one person.

Registered in England/Wales under the registration number 11100635, with a registered address at SG8 5LF, United Kingdom, Royston, Herts, 70b High Street Bassingbourn.

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