Qualplast (1991) Limited

Qualplast 1991 Ltd, based in Birmingham, UK, is a small holding company with an active status, having been incorporated nineteen years ago in December 2005. The company employs fourteen people and holds assets valued at £1,119,815. With three directors and one owner, it operates from a real address and regularly imports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables – the last import was made in December 2024.

Qualplast’s core business revolves around flock coating, servicing industries like automotive, photographic, and display packaging. The company's website highlights its expertise in this area, offering services from general flocking to specialized applications like upholstery and cleaning cloths. It even has an injection moulding facility, supporting flock services or available for independent requirements. Qualplast emphasizes its commitment to innovation, utilizing advanced technologies and maintaining ISO 9001 certification, and even boasts preferred supplier status with major automotive brands like Jaguar and Nissan. They’re also making strides in sustainability, having saved over 60,000 tonnes of CO2 emissions through solar panel installations.

Financially, Qualplast shows some concerning trends. While cash reserves decreased by 4%, dropping to £790,000, trade debtors have fallen by 28%, reducing to £290,000. Current assets also declined by 14%, now standing at £1,100,000. Equity has taken a bigger hit, decreasing by 11% to £960,000. However, creditors have significantly reduced by 31%, to £210,000, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity warrants closer attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 05650232, with a registered address at B42 1EA, Birmingham, West Midlands, Qualplast House Old Walsall Road, Great Barr.

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