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)

Field of Operation

Other engineering activities
71129 38704 companies
Manufacture of other plastic products
22290 4316 companies

Website

Social media

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

  • Precision Engineering Plastics Holdings Ltd
  • 9 years
  • 75%+

Managers

  • Marino Vince
  • 19 years
  • 1
Engineer
  • Doheny Padraic
  • 19 years
  • 1
Secretary
  • Doheny Padraic
  • 30 years
  • 1
Production director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2025-02-09 with no updates
  2. Full accounts made up to 2023-12-31
  3. Confirmation statement made on 2024-02-09 with no updates

Importer profile by HS codes

Last imported products

All imported products

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Exporter profile by HS codes

Last exported products

All exported products

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