Plastim Limited

Plastim Limited, based in Staverton, UK, is a small, active company established 27 years ago. With 21 employees and £2,389,152 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. The company regularly imports and exports plastics and plastic products, with 408 months of import activity and 17 months of export activity recorded.

The company's website, Plastic Processing Limited, showcases a diverse range of services, primarily focused on plastic processing and manufacturing. It operates through four distinct arms: Apollo Plastics (vacuum forming for the caravan and events industries), B2B Injection Moulding (injection moulding components), Plastic Furniture Company (rotational moulding of bins, furniture, and outdoor items), and a division focused on plastic furniture. The website emphasizes bespoke manufacturing, quality (ISO9001 certified), and integrated expertise under one roof. They even offer branding and graphics services for their furniture.

Financially, Plastim Limited’s report shows some interesting trends. Property plant and equipment increased significantly, with Plant Machinery showing a 44% increase to £410,000, while Computer Equipment rose by 16%. However, cash reserves decreased by 40% to £610,000. Trade debtors increased by 21%, suggesting potential challenges in collecting payments, and net assets increased by 14% to £2,500,000. Bank borrowings have completely disappeared, which is a positive sign. Creditors decreased by 5.5%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the changes in cash and debtors warrant closer attention. No auditor is mentioned, which is common for small companies.

Overall, Plastim Limited appears to be a stable, albeit evolving, business. Its diversified manufacturing arms and focus on bespoke solutions position it well in the plastics industry, but the changes in cash and debtors should be monitored closely to ensure continued financial health.

Registered in England/Wales under the registration number 03376659, with a registered address at GL2 9QJ, Staverton, Gloucestershire, Unit 100 Ashville Business Park, Commerce Road.

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