Plastics Plus Limited

Plastics Plus Limited, based in Wolverhampton, UK, is a sizable and active company established 34 years ago in 1990. With a real address and 39 employees, the company boasts £4,985,606 in assets and a yearly revenue of £10,898,343. Led by four directors and owned by White Barry and White Stuart Phillip William, Plastics Plus operates as a regular importer of plastics and plastic products, with 75 months of import activity recorded, the latest in January 01, 2025. Export activity is minimal, with just one month recorded in December 01, 2023.

The company’s website describes it as a stockholder of polycarbonate, extruded, and cast acrylic sheeting. It operates in the non-specialised wholesale trade industries. The business has a commitment to U.K. effective stewardship code.

Financially, Plastics Plus Limited shows a mixed picture. Current assets decreased by 11%, falling to £5,000,000. Bank borrowings increased by 27%, reaching £120,000, while cash reserves declined by 11%, ending at £2,300,000. Creditors decreased by 23%, suggesting improved debt management. The company meets two of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. Net assets decreased by 4.5%, ending at £2,800,000.

Despite the decline in net assets, the company's strong revenue and asset base suggest it remains financially stable. The decrease in cash reserves could be due to investments in inventory or expansion, but it warrants monitoring. The lack of a named auditor (likely exempt due to size) means the figures are unaudited. Overall, Plastics Plus Limited appears to be a well-established player in the plastics wholesale market, but the financial trends indicate a need for careful management.

Registered in England/Wales under the registration number 02558644, with a registered address at WV10 6HH, England, Wolverhampton, Unit 9 Stafford Road.

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