Plusimage Limited

Plusimage Limited, based in Exeter, UK, is a small, active company established 30 years ago. With 30 employees and £374,825 in assets, it operates from a real address and is overseen by three directors and one owner. The company irregularly imports electrical machinery and equipment, with the last import recorded over seven years ago in 2017. It specializes in the manufacture of other plastic products, offering services like plastic injection molding.

The company’s website is not available for analysis.

Financially, Plusimage Limited shows a mixed picture. Current assets have decreased by 8% to £370,000, while net assets have improved by 10% to -£200,000. Bank borrowings have decreased by 22% to £390,000, and cash reserves have increased by 86% to £130,000. Creditors have also decreased by 12%, suggesting better 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 flexibility, but the negative equity, while improved, still indicates financial pressure. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies. It’s worth noting that the company’s average number of employees has decreased by 17% to 25, which could be a sign of cost-cutting measures or a shift in operational strategy.

Registered in England/Wales under the registration number 02963751, with a registered address at EX2 8NY, Exeter, 21 Marsh Green Road North, Marsh Barton Trading Estate.

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