Plastic Mouldings Limited

Plastic Mouldings Ltd, based in Leeds, UK, is a small, holding company with an active status. Established 61 years ago in 1963, the company employs 47 people and holds assets worth £768,480. It operates from a real address and is overseen by one director and one owner. The business regularly imports machinery, boilers, and mechanical appliances—parts, with three months of import activity recorded—and exports plastics and plastic products, boasting 99 months of export activity.

The company’s core business revolves around the manufacture of plastic plates, sheets, tubes, and profiles, catering to various industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website is non-existent, which suggests a business that relies on B2B sales rather than direct consumer engagement.

Financially, Plastic Mouldings Ltd presents a mixed picture. Current assets decreased by 6.5% to £770,000, while net assets increased by 18% to £690,000. Bank borrowings increased by 10% to £28,000, and cash reserves saw a significant jump of 96% to £160,000. Creditors decreased by 12%, which is a positive sign. Trade debtors decreased by 38%, suggesting improved collection rates. The company’s equity increased by 26%, which is a good indication of profitability. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited.

The company’s increase in equity suggests it's financially healthy, but the decrease in current assets warrants a closer look. It’s possible that the company is investing in new equipment or expanding its operations, which could explain the drop in readily available funds. The company's reliance on imports and exports, as well as its B2B focus, makes it vulnerable to global economic fluctuations and supply chain disruptions.

Registered in England/Wales under the registration number 00772753, with a registered address at LS1 2QH, Leeds, Ground Floor, 32 Park Cross Street.

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