Recyplas Limited

Recyplas Ltd from March UK is a small, active company founded 13 years ago, employing 30 people and holding £1,122,988 in assets. It has a real address, is managed by four directors and owned by one individual, and boasts a perfect 5.0 Google rating based on a single review. The company regularly imports machinery, boilers, and mechanical appliances; parts, with the latest import activity occurring in October 2024.

The company’s core business revolves around the manufacture of plastic plates, sheets, tubes, and profiles, alongside the wholesale of machinery and equipment. It also provides treatment and disposal of non-hazardous waste and wholesale of waste and scrap industries. While a website isn't available to analyze, its operations suggest a B2B focus, likely serving industrial clients with its plastic fabrication and equipment supply services. It’s not clear if the company operates an e-commerce site.

Financially, Recyplas Ltd shows some concerning trends. Accumulated depreciation on plant and machinery increased by a substantial 85%, while bank borrowings rose by nearly 5%. Creditors also increased, though not as dramatically. The average number of employees decreased by 13%, which could be a result of restructuring or economic pressures. Net assets declined by 7%, and current assets dropped by 33%. The company's small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in current assets and net assets warrants closer attention. There's no auditor mentioned, which is typical for small companies. The company's reliance on retained earnings, which decreased by 9%, suggests it may be burning through money faster than it's generating profits.

Registered in England/Wales under the registration number 07913278, with a registered address at PE15 0QQ, March, Cambridgeshire, Unit 1 Hook Lane, Eastwood End Wimblington.

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