Plastic Pipe Shop Ltd

Plastic Pipe Shop Ltd, based in Stirling, UK, is a small, family-run business with an active status. Founded twelve years ago in 2013, it employs sixteen people and holds £1,167,801 in assets. The company has a real registered address and is managed by two directors and two owners. It's a regular importer of plastics and plastic products, with thirty-four months of import activity recorded, the latest in February 2025. It also exports irregularly, with just two months of activity recorded as of November 2024.

The company operates in the non-specialised wholesale trade industries. Its website is non-existent, so it’s difficult to determine if it’s an e-commerce business.

Financially, Plastic Pipe Shop Ltd shows a mixed picture. Current assets have increased significantly, jumping 71% to £1,200,000. Net assets have also risen considerably, increasing 80% to £740,000. Cash reserves have seen a substantial increase, rising 92% to £300,000. However, bank borrowings have decreased by 36%, falling to £18,000, and trade debtors have increased by 21%, reaching £320,000. Creditors have also increased, rising 53% to £130,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s financial statements are unaudited, and no auditor is mentioned. The significant increase in assets, particularly cash reserves, suggests a period of growth and improved financial health. However, the rise in trade debtors could indicate challenges in collecting payments, and the increased creditors may mean the company is relying more on credit from suppliers. The company’s success seems to depend on its ability to maintain its import operations and manage its debts effectively.

Registered in Scotland under the registration number SC445429, with a registered address at FK7 7LQ, Scotland, Stirling, Unit 1 Craig Leith Road.

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