Polypearl Moulded Products Limited

Polypearl Moulded Products Ltd, based in Scunthorpe, UK, is a small, active company founded 14 years ago. With 27 employees and £4,780,211 in assets, it operates from a real address and is led by three directors and a solo founder. The company boasts a stellar 5.0 Google rating from just two reviews. It’s an irregular importer, primarily dealing with iron or steel products, with the last import occurring just one month ago in December 2024.

The company’s website is currently unavailable, making it difficult to ascertain the full scope of its operations. However, it's known that Polypearl Moulded Products Ltd manufactures polystyrene products, likely supplying various industries. It's a small company, meeting two of the three criteria for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Polypearl Moulded Products Ltd presents a mixed picture. Cash bank on hand increased by 9% to £3.2 million, while trade debtors decreased by 12% to £1.2 million. Creditors also decreased by 26%, suggesting improved debt management. Equity grew by 9.9% to £4.3 million, a positive sign. However, property, plant, and equipment decreased by 15%, and net losses deepened. Borrowings decreased significantly, and the company has not mentioned an auditor.

The company’s financial data suggests a period of stabilization, with increased cash reserves and improved debt management. However, the decrease in property, plant, and equipment and the continued losses indicate potential challenges. The company’s small size and solo founder structure may contribute to its agility, but also create a reliance on key individuals.

Registered in England/Wales under the registration number 07532984, with a registered address at DN15 7PQ, Scunthorpe, North Lincolnshire, 50/54 Oswald Road.

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