Plytech U.k. Limited

Plytech UK Ltd, based in Exeter, UK, is a small, family-run business with an active status, celebrating 35 years in operation. Employing nine people and holding £679,639 in assets, it’s a well-established player in the roofing supply sector. With five directors and two owners, the company maintains a real address and boasts a stellar 5.0 Google rating from eight reviews. It’s a regular importer of rubber and rubber products, with 31 months of import activity recorded.

The company’s website positions it as a leading distributor and wholesaler of roof rubber and EPDM roofing solutions. It supplies flat roofing installers, merchants, and trade counters with high-quality products like RubberCover, QuickTrim, and QuickBond. The website highlights expert advice, outstanding customer service, next-day UK delivery, and a 20-year warranty on its products. It also offers training courses and a technical app, demonstrating a commitment to supporting its customers.

Financially, Plytech UK Ltd shows some concerning trends. While bank borrowings decreased by a significant 38%, cash reserves dropped by 25% to £180,000. Trade debtors increased by 41%, which could indicate difficulties in collecting payments. Net assets decreased by 10% to £470,000, and current assets fell by 10% to £680,000. Despite these pressures, the company’s small size (meeting two of three conditions for being a small company) allows for flexibility. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company, and the figures are unaudited. The company’s increasing debt and decreasing cash reserves could be a sign of financial strain, but it's also possible that it's investing in growth. The company’s long history and strong customer reviews suggest it has a loyal customer base and a good reputation—but it will need to address its financial challenges to ensure its long-term success.

Registered in England/Wales under the registration number 02460071, with a registered address at EX2 8PN, England, Exeter, Devon, 26 Marsh Green Road West, Marsh Barton.

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