Plumb Polymers Limited

Plumb Polymers Ltd from Doncaster UK: a small, active company established 25 years ago, employs 15 people, and holds £1,499,064 in assets. It's a real address with three directors and one owner, boasting a respectable Google rating of 4.0 from 12 reviews. The company regularly imports machinery, boilers, and mechanical appliances, with seven months of import activity recorded.

The business operates as a plastic and cardboard recycling facility, serving both local and national customers. It’s a family-run operation with a focus on environmentally responsible practices, offering services like plastic and cardboard recycling, and even producing its own recycled packaging called Eco Bubble Wrap. The company’s website highlights its expertise in various plastic types, including polythene, shrink wrap, and polystyrene, and offers a range of recycled products like film-grade LDPE pellets.

Financially, Plumb Polymers Ltd presents a mixed picture. While cash reserves increased by a healthy 34% to £1,100,000, current assets also grew by 8.6% to £1,500,000. However, net assets increased by 14% to £1,300,000. Debtors decreased significantly by 36% to £280,000, which is a positive sign. On the downside, accrued liabilities and deferred income jumped by 150% to £270,000, and finance lease liabilities decreased by 42% to £54,000. The average number of employees has increased by 6.7% to 16. As a small company meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from simplified reporting requirements, with no auditor mentioned.

Overall, Plumb Polymers Ltd seems to be navigating the market well, with a focus on sustainable practices and a growing customer base. The increase in liabilities suggests potential investments or increased operational costs, but the company's solid asset base and growing cash reserves offer a degree of financial stability.

Registered in England/Wales under the registration number 03964655, with a registered address at DN7 6BE, Doncaster, South Yorkshire, Chester Villa, Moss Croft Lane, Hatfield.

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