Plasticom Ltd.

Plasticom Ltd from Ashford UK: a small company with an active status, was founded 32 years ago in 1993. Employing 18 people, it holds £416,904 in assets and operates from a real address. The company is overseen by five directors and owned by two individuals, boasting a Google rating of 4.0 based on four reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded as of October 2022.

The company's website is not available, making it difficult to determine if it operates an e-commerce platform or offers other online services.

Financially, Plasticom Ltd presents a mixed picture. Current assets have decreased by 25%, dropping to £420,000. Bank borrowings have increased by 3.9%, reaching £52,000, while cash reserves have fallen dramatically, down 85% to just £16,000. Trade debtors have decreased by 13%, and creditors have fallen by 21%. The company’s size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—allows for agility, but the significant drop in cash reserves and equity warrants attention. The decrease in average employees reported during the period is also notable, falling 22% to 14. The company's unaudited financial statements, likely exempt due to its small size, rely on director-reported data.

The company’s irregular import activity suggests a specialized supply chain, and the decrease in debtors could indicate improved payment collection. However, the decline in cash reserves and equity may signal a need to manage expenses carefully.

Registered in England/Wales under the registration number 02813653, with a registered address at TN23 1EW, Ashford, Kent, Hilton Road, Cobbs Wood Estate.

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