Polyplus Uk Ltd

Polyplus UK Ltd, based in Harrow, UK, is a small, active company founded seven years ago. With two employees and £51,018 in assets, it's a solo-founded operation led by a single director and owner. The company boasts a stellar 5.0 Google rating from five reviews, reflecting a positive customer experience. Polyplus UK Ltd regularly imports paper and paperboard products, with six months of import activity recorded as of November 2024.

The company's website reveals a much larger operation specializing in cell and gene therapy solutions. Polyplus offers a wide range of products and services, including transfection reagents, viral vector engineering, plasmid manufacturing, and protein production. They cater to researchers and pharmaceutical companies, providing tools and expertise for developing innovative therapies. The website emphasizes performance, cost-effectiveness, and time-to-market—key priorities in the rapidly evolving biotech industry. They also have offices in France, the US, and Belgium, indicating a global reach.

Financially, Polyplus UK Ltd presents a mixed picture. While current assets remained relatively stable at £51,000, net assets took a significant hit, decreasing by 240% to -£6,300. Bank borrowings increased substantially, rising by 1,100% to £11,000, and cash reserves dropped 41% to £12,000. Creditors also increased, rising by 410% to £5,400. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Polyplus UK Ltd appears to be a dynamic company operating in a high-growth sector. While the financial data suggests some challenges, its innovative products and global reach position it for future success. It’s a bit worrying that the company is now in negative equity, but the business seems to be doing well.

Registered in England/Wales under the registration number 10980013, with a registered address at NW10 6EU, England, London, Unit 2c 10-24, Standard Road, Park Royal.

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