Proplas 2008 Ltd

Proplas 2008 Ltd from Kingswinford, UK, is a small, active company founded sixteen years ago in 2008. Employing nine people and holding £4,124,262 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 73 months of import activity recorded up to February 2025. It exports plastics and plastic products irregularly, with just one month of export activity noted in July 2023.

The company's website showcases a range of plastic products, from baskets and buckets to building supplies and storage solutions, catering to both retail and wholesale customers across the UK and Europe. It's clear they've been manufacturing high-quality products since 2008, growing from humble beginnings to become a fast-growing company in their sector. They supply high street retailers, wholesalers, cash and carries, and large DIY chains, emphasizing competitive pricing and a wide selection.

Financially, Proplas 2008 Ltd presents a mixed picture. While average employee numbers surged dramatically, increasing 160% to 23, cash bank on hand jumped a remarkable 130% to £590,000. However, property, plant, and equipment declined by 22%, and net assets decreased by 11%. Bank borrowings also fell, which is a positive sign. Trade debtors increased significantly, suggesting a possible need to manage customer payments more closely. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the decrease in equity warrants further investigation. No auditor is mentioned, which is common for small companies.

Overall, Proplas 2008 Ltd seems to be navigating a period of change. The increase in employees and cash reserves suggests growth, but the decline in property and plant equipment and net assets indicates potential challenges. The company's focus on manufacturing and its broad product range position it well, but careful financial management will be key to sustaining its success.

Registered in England/Wales under the registration number 06673908, with a registered address at DY6 7AP, England, Kingswinford, West Midlands, Unit 18-19 Dawley Trading Estate, Stallings Lane.

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