Plastube Limited

Plastube Limited, based in Stalybridge, UK, is a small, active company with a history spanning 47 years. Founded in 1977, it employs nine people and holds £177,093 in assets. The business operates from a real address and is overseen by two directors and one owner, Barrow Simon John. Plastube is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – parts, with the last import operation recorded 2022. The company manufactures other plastic products.

The Plastube website showcases a range of products, including IP68 Dometop glands, cable glands, termination boxes, and locknuts. It appears to be primarily an e-commerce operation, with product listings, technical specifications, and downloadable documentation readily available. There’s no obvious indication of a physical showroom or retail presence, suggesting a direct-to-customer sales model. The site is available in English, French, German, Spanish, and Russian, indicating a potential export focus.

Financially, Plastube Limited presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased slightly by 3.3%, while cash bank on hand saw a significant jump of 91% to £49,000. However, current assets remained relatively flat, and trade debtors decreased by 12%. The company's small size (meeting two of three criteria for a small company) helps it stay nimble, but the decline in equity by 4.7% warrants attention. Creditors have also decreased, which is good. The company’s accounts are unaudited, which is common for small companies.

Overall, Plastube Limited seems to be holding its own, but the decrease in equity suggests a need for careful financial management. The company’s long history and diverse product range, coupled with its international website, point to a resilient business, but the financial figures need to be monitored closely.

Registered in England/Wales under the registration number 01341128, with a registered address at SK15 1SD, Stalybridge, Cheshire, The Old Foundry, Leech Street.

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