Precision Engineering Plastics Ltd
- Large
- Holding
- Active
- 39 years
- 78 employees
- £8,334,858 (assets)
- £5,921,914 (revenue)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 5.0 (6)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Precision Engineering Plastics Ltd, based in Enfield, UK, is a well-established company with a strong presence in the plastics manufacturing sector. Founded 39 years ago in 1986, this holding company employs 78 people and boasts assets totaling £8,334,858. With a yearly revenue of £5,921,914, it’s a significant player, holding a Google rating of 5.0 based on 6 reviews. The company operates from a real address and is overseen by three directors and one owner.
The company specialises in precision injection moulding, offering a wide range of services including insert moulding, 2k2shot moulding, and tool manufacture. They cater to diverse industries like medical, automotive, aerospace, and engineering, providing both standard and custom-designed components. Their website highlights a commitment to quality, project management, and rapid prototyping, positioning them as a full-service provider. They regularly import machinery, boilers, and mechanical appliances, and export plastics and plastic products.
Financially, Precision Engineering Plastics Ltd shows some concerning trends. While cash bank on hand increased by a substantial 41% to £2 million, administrative expenses remained steady at £1.7 million. However, turnover revenue declined by 18%, dropping to £5.9 million, and net assets decreased by 8.6% to £7.8 million. Bank borrowings also increased, suggesting a possible need for external funding. Despite these challenges, the company’s focus on high-value services and diverse industry applications may help mitigate the impact. The deferred tax balance represents timing differences on capital allowances. The company's auditor is Mountsides Limited.
Registered in England/Wales under the registration number 02000951, with a registered address at EN3 7NJ, Enfield, Middlesex, 1063 Mollison Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Precision Engineering Plastics Holdings Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Marino Vince
- 19 years
- 1
-
Resident of United Kingdom
-
Individual
- Doheny Padraic
- 19 years
- 1
-
Resident of United Kingdom
-
Individual
- Doheny Padraic
- 30 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-02-09 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2023-12-31Download 21 pages pdf report
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Confirmation statement made on 2024-02-09 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Precision Engineering Plastics Ltd
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