Plastics Fabrication & Printing Limited

Plastics Fabrication And Printing Ltd from Milton Keynes UK: a small, active company established 72 years ago, boasts 13 employees and holds £895,134 in assets. With two directors and one owner, the company operates from a real address and has a long history in the area. It regularly imports miscellaneous manufactured goods (spanning 19 months) and exports optical and medical tools and devices (over 4 months).

The company’s core business revolves around the manufacture of other plastic products, a sector demanding precision and quality. While no website is available to analyze, its longevity suggests a focus on established processes and customer relationships. The company’s size—meeting two of three conditions to be considered small (turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees)—allows for flexibility but also means it operates on a smaller scale.

A review of the company's financials reveals some interesting trends. Current assets have decreased by 8.4% to £900,000, while net assets have fallen 6.3% to £810,000. Bank borrowings have increased, and cash reserves have decreased, indicating a possible need for improved cash flow management. However, creditors have also decreased by 18%, suggesting better debt control. The company’s deferred tax policy is that deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The company is entitled to exemption from audit under Section 477 of the Companies Act 2006.

The company’s import and export activities—particularly the focus on optical and medical tools—point to a specialized niche. The decrease in cash reserves and increase in bank borrowings, while concerning, could be a result of investment in new equipment or expansion of operations. The lack of an auditor mentioned, likely due to its small size, means the financial data relies on unaudited director reports. It is possible that the company is experiencing some turbulence, but its long history and specialized focus suggest a resilience that could help it weather any challenges.

Registered in England/Wales under the registration number 00518906, with a registered address at MK1 1NW, England, Milton Keynes, 24 Peverel Drive, Bletchley.

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