P S R Industrial Limited

PSR Industrial Ltd, based in Melton Mowbray, UK, is a small, family-owned company with an active status, celebrating 35 years in business. Employing nine people and holding assets of £535,781, it’s a well-established operation with three directors and three owners. The company boasts a perfect 5.0 Google rating from two reviews and regularly imports plastics and plastic products—11 months of import activity were recorded, with the last operation in August 2024.

PSR Plastics specializes in the manufacture of engineering plastic components, offering solutions for complex manufacturing challenges. Its website highlights a commitment to quality, customer service, and competitive pricing, catering to industries like food production and international logistics. They offer a wide range of services, including material selection, rapid prototyping, and high-volume production, with a focus on finding the best suited high-performance plastic for each application.

Financially, PSR Industrial Ltd presents a mixed picture. Current assets increased by 5.8% to £540,000, while net assets rose by 40% to £310,000. Bank borrowings increased to £15,000, and cash reserves decreased by 7.7% to £240,000. Creditors decreased by 17%, suggesting improved debt management. 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 increase in bank borrowings and the rise in trade debtors (up 8.7%) warrant closer attention. The company is exempt from an audit, so the figures are unaudited.

Overall, PSR Industrial Ltd seems to be holding its own, benefiting from its reputation for quality and customer service. However, the increased debt and rising trade debtors suggest a need for careful financial management going forward.

Registered in England/Wales under the registration number 02445052, with a registered address at LE13 0DG, England, Melton Mowbray, Leicestershire, 19-21 Beler Way.

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