R.j.h.plastics Limited

R.j.h. Plastics Limited, based in Birmingham, UK, is a small, family business with an active status, celebrating 55 years since its founding in 1969. Employing 24 people, the company holds £1,332,919 in assets and operates from a real address on Plume Street. With two directors and two owners, it’s a tight-knit operation, currently boasting a 3.0 Google rating based on just two reviews. The company is an irregular importer, primarily dealing in plastics and plastic products, with its last import operation occurring just one month ago.

The company’s website highlights its specialization in polythene extrusion and conversion, offering tailored packaging solutions for customers. They manufacture polythene tubing and bags to the highest standard, and offer a range of additives including High Slip, Low Slip, UVI, VCI, and Biodegradable options. Logistics are handled in-house with their own vehicle and driver, and they also utilize couriers to ensure timely deliveries across the UK. The website also details their work in polythene bags, film on the roll, and even provides details on the company's history and accreditation.

Financially, R.j.h. Plastics Limited shows a mixed picture. Current assets have decreased by 7.2% to £1,300,000, while net assets remained steady at £1,200,000. Bank borrowings have increased by 52% to £79,000, and cash reserves have improved by 44% to £44,000. Creditors have decreased by 12% to £1,500,000, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings is something to keep an eye on. No auditor is mentioned, so the figures are unaudited.

Overall, R.j.h. Plastics Limited appears to be a stable, family-run business, but it’s facing some financial pressures. The company’s long history and commitment to quality suggest it’s well-positioned for continued success, but careful management of its finances will be crucial in the coming years.

Registered in England/Wales under the registration number 00963676, with a registered address at B6 7RT, Birmingham, West Midlands, Unit 86 Plume Industrial Estate, Plume Street Aston.

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