Polyfoam Xps Limited

Polyfoam XPS Ltd, based in Hartlepool, UK, is a sizable company with an active status, having been founded eight years ago. Employing 31 people and boasting assets of £5,709,586, it’s a significant player in the insulation market. The company, led by four directors and a solo founder, holds a perfect 5.0 Google rating from two reviews and regularly imports plastics and plastic products – the last import was made in October 2024.

The company’s website highlights its role as a leading manufacturer of closed-cell, extruded polystyrene insulation. Polyfoam XPS Ltd caters to a wide range of applications, from flooring and flat roofs to basement structures and swimming pool basins. They offer various products like Handyboard, Roofboard, and Slimline Membrane, emphasizing high performance, moisture tolerance, and compressive strength. The site showcases project references, including prominent locations like Battersea Power Station and Radstock, demonstrating its involvement in large-scale construction projects. They even offer laminating fabrications and technical support.

Financially, Polyfoam XPS Ltd presents a mixed picture. While cash bank on hand decreased by 17% to £2.3 million, administrative expenses increased by 21% to £5.2 million. Director remuneration also rose by 25% to £290,000. However, creditors decreased by 17%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) gives it a competitive edge, but the increased expenses warrant closer scrutiny. The accounts are audited by MHA, providing a degree of assurance.

The company’s focus on quality insulation and its involvement in high-profile projects suggests a strong market position. However, the rising costs and fluctuating cash reserves indicate a need for careful financial management to ensure long-term sustainability.

Registered in England/Wales under the registration number 10314481, with a registered address at TS25 2BE, England, Hartlepool, Polyfoam Xps Limited, Hunter House Industrial Estate.

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