Runfold Plastics Limited

Runfold Plastics Ltd, based in Hampshire, UK, is a small, holding company with an active status, marking its 48th year in operation. Employing 46 individuals, the company holds assets totaling £1,148,397 and operates from a real address at Passfield Mill Business Park. With three directors and one owner, Runfold Plastics is a regular importer and exporter of optical and medical tools and devices, having imported for 31 months and exported for 51 months.

The company specializes in custom dip moulding, providing solutions for a wide range of industries. Its website details a diverse product portfolio, including electrical shrouds, cable shrouds, battery terminal boots, medical devices, and towball covers. Runfold Plastics doesn's appear to be an e-commerce business, instead focusing on providing bespoke manufacturing services to other companies. They even offer cleanroom assembly and contract packing services. The website highlights their commitment to quality and innovation, showcasing their capabilities in plastic moulding and coatings.

Financially, Runfold Plastics Ltd presents a mixed picture. While net assets increased by 7.5% to £990,000, cash reserves decreased by 7.9% to £75,000. Bank borrowings saw a significant rise, increasing by 71% to £30,000, while trade debtors decreased by 11% to £440,000. Despite the increase in borrowings, creditors decreased by 5% to £210,000. The company’s small size—meeting two of three criteria for being considered small—allows for flexibility, but the rise in debt warrants attention. No auditor is mentioned, suggesting the company is exempt from an audit as a small company.

Overall, Runfold Plastics Ltd seems to be a stable, albeit slightly leveraged, business. Its focus on custom manufacturing and diverse product range positions it well in its niche market, but it's important to monitor its debt levels to ensure long-term financial health.

Registered in England/Wales under the registration number 01288223, with a registered address at GU30 7QX, Hampshire, Passfield Mill Business Park, Liphook.

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