Plasticity Limited

Plasticity Ltd from Old Whittington Chesterfield UK: a small, active company founded 31 years ago, employs 13 people, and holds £329,317 in assets. It's a real address with three directors and one owner. The company regularly imports plastics and plastic products, with 10 months of import activity recorded.

The company operates in the manufacture of other plastic products industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The last reported current assets are £329,317. The company is a regular importer, with its top import category being Plastics and plastic products, totaling 10 months of imports. The last import operation was conducted on May 01, 2024.

While Plasticity Ltd doesn't appear to have a dedicated e-commerce website, its profile suggests a business-to-business operation focused on supplying plastic products. It’s likely they supply other manufacturers or distributors rather than selling directly to consumers.

Financially, Plasticity Ltd presents a mixed picture. Current assets have decreased by 30%, dropping to £330,000. Bank borrowings have increased by 2,400%, reaching £29,000, while cash reserves have fallen 70%, leaving just £73,000. Creditors have increased by 8.9%, suggesting a need for improved cash flow management. Equity has also decreased by 23%, dropping to £320,000. The company’s small size helps it stay agile, but the decline in equity and the increased borrowings raise concerns about its financial health. With no auditor mentioned, the figures rely on unaudited statements.

It seems Plasticity Ltd is facing some financial pressures, but its long-standing presence and regular import activity suggest a resilient business.

Registered in England/Wales under the registration number 02840066, with a registered address at S41 9QX, Old Whittington Chesterfield, Derbyshire, Unit 25 Station Lane Industrial, Estate Station Lane.

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