Rayda Plastics Limited

Rayda Plastics Ltd, based in Cullompton, UK, is a small, family-run business with an active status, celebrating 48 years in operation. Employing eight people, the company holds £711,634 in assets and operates from a real address. With three directors and two owners, it’s a tight-knit team. Rayda Plastics is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with its last import activity recorded just one month ago.

The company’s website highlights its role as a custom plastic extrusion manufacturer in the South of England. Rayda Plastics emphasizes approachable service, competitive pricing, and high-quality products, boasting ISO accreditation since 2003. It caters to a wide range of plastic materials, from uPVC to TPU, and actively promotes its state-of-the-art equipment and long-established production team. The website also features a blog, recently showcasing their sustainable initiatives, like producing recycled bird feeders.

Financially, Rayda Plastics presents a mixed picture. Cash reserves have increased significantly, jumping 160% to £350,000, which is a good sign. However, creditors have tripled to £180,000, and debtors have fallen dramatically—down 44% to £140,000. This suggests a possible struggle to collect payments. Despite these challenges, net assets increased by 8% to £610,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, reflecting its exemption as a small company. The company’s future seems to depend on its ability to manage debt and maintain its reputation for quality and flexibility.

Registered in England/Wales under the registration number 01265143, with a registered address at EX15 2QW, United Kingdom, Cullompton, Devon, Unit 5 South View Estate, Willand.

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