Pmc Polythene Limited

PMC Polythene Ltd from Buntingford UK: a small company, holding company, and active status, was founded 36 years ago in 2019. It employs 23 people and holds £2,759,949 in assets. With six directors and one owner, it maintains a 3.0 Google rating based on two reviews. The company regularly imports plastics and plastic products, with 11 months of import activity recorded, the latest in August 2024.

PMC Polythene operates as an independent UK manufacturer and importer of polythene waste and recycling sacks. Its website highlights a diverse range of products, from refuse sacks and bin liners to clinical waste solutions and compostable options. The company serves various industries, including local authorities, government, hospitality, and healthcare, and even offers bespoke plastic bag solutions with company branding. It also has a partnership with CHSA, a trade association for cleaning and hygiene products.

Financially, PMC Polythene’s report shows a mixed picture. Current assets increased by 6.3% to £2,800,000, while net assets increased by 13% to £2,400,000. Bank borrowings decreased by 15% to £220,000, and cash reserves decreased by 10% to £140,000. Creditors decreased by 9.9% to £870,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in cash reserves could be a concern. As a small company, it’s exempt from an audit, so the figures are unaudited. The company is showing a steady increase in assets, but it is important to monitor the cash reserves to ensure long-term sustainability.

Registered in England/Wales under the registration number 02374351, with a registered address at SG9 9AZ, England, Buntingford, Hertfordshire, Unit 24 Park Farm Industrial Estate, Ermine Street.

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