Plastometrex Ltd

Plastometrex Ltd, based in Cambridge, UK, is a small, active holding company founded six years ago in 2018. With seventeen employees and £1,766,052 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 25 months of import activity recorded, the last in January 2025. It also exports optical and medical tools and devices, with 29 months of export activity, the latest in February 2025.

The company’s website, plastometrex.com, showcases a unique approach to materials testing. It’s not a typical e-commerce site; instead, it offers specialized equipment and services for characterizing the mechanical properties of metals. Plastometrex has developed a proprietary technology called PIP (Profilometry-based Indentation Plastometry) which allows scientists and engineers to quickly and nondestructively obtain accurate stress-strain curves from indentation data. The website highlights applications in materials development, parameter optimization for additive manufacturing, and failure analysis, catering to research institutions, manufacturers, and testing laboratories. They even offer hot-stage testing capabilities, allowing for measurements at elevated temperatures.

Financially, Plastometrex Ltd presents a mixed picture. Current assets have fallen by a significant 37%, dropping to £1,400,000. Net assets have also declined, falling 61% to £1,100,000. Bank borrowings have increased, reaching £26,000, and cash reserves have plummeted 81% to £310,000. However, creditors have also decreased, suggesting some improvement in debt management. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in trade debtors, up 23%, may indicate a shift towards extended payment terms or delayed customer payments. The company is exempt from an audit, so the financial information is unaudited.

Overall, Plastometrex Ltd appears to be navigating a period of change. While its specialized technology and niche market position it for success, the declining asset base and cash reserves suggest potential financial pressures. The increase in bank borrowings may be a strategic move to support growth, but it also warrants close monitoring.

Registered in England/Wales under the registration number 11620955, with a registered address at CB5 8PB, United Kingdom, Cambridge, Unit 7 Technopark, Newmarket Road.

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