Polyflex Packaging Limited

  • Small
  • Active
  • 37 years
  • 11 employees
  • £1,234,929 (assets)
  • Real address
  • 4 directors
  • 1 owner
  • Irregular importer
  • Regular exporter

Field of Operation

Manufacture of plastic packing goods
22220 656 companies

Summary

Polyflex Packaging Ltd from Runcorn, UK, is a small, active company established 37 years ago. With 11 employees and £1,234,929 in assets, it’s a well-established player in its field. The company boasts a real address, is overseen by four directors, and has one owner. It's an irregular importer of plastics and plastic products (just one month of imports recorded) but a regular exporter (five months of exports).

The company operates in the manufacture of plastic packing goods industries. Its website simply welcomes visitors, offering little detail beyond the company name. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financials, Polyflex Packaging Ltd shows some concerning trends. Cash bank holdings decreased by 4.4% to £970,000, and current assets dropped by 10% to £1,200,000. Trade debtors also saw a significant decrease, falling by 23% to £240,000. However, creditors improved, dropping 26% to £360,000, suggesting better management of short-term liabilities. Retained earnings remained stable at £1,100,000. Interestingly, there was a large increase in Other Debtors, rising 150% to £21,000, which could indicate new credit arrangements or delayed payments.

The company’s tax policy is to recognise taxation in the income statement, and deferred tax is recognised in respect of all timing differences. The accounts are unaudited, likely due to its small size. It's possible the company is facing some cash flow challenges, but the reduction in creditors is a positive sign. The company’s long history and established export activity suggest it’s a resilient business, but the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 02170094, with a registered address at WA7 1SN, England, Runcorn, Unit 1, Domino Court Warrington Road, Manor Park.

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

Owners & PSC

  • 8 years
  • 75%+

Managers

Managing director
Secretary
Director
Company secretary

Last reports

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Last news

  1. Confirmation statement made on 2025-01-11 with no updates
  2. Total exemption full accounts made up to 2023-12-31
  3. Confirmation statement made on 2024-01-11 with no updates
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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