Satco Plastics Limited

Satco Plastics Ltd, based in Dunstable, UK, is a large, active company established nineteen years ago. Employing fifty-five people and boasting assets of £9,458,565, the firm generates annual revenue of £31,141,295. It's a family business with three directors and two owners, and holds a respectable Google rating of 4.0 based on eleven reviews. The company operates from a real address and regularly imports machinery and boilers, while also exporting aluminum products.

The company’s website showcases its core business: manufacturing quality plastic microwaveable containers. Satco Plastics Ltd is renowned for its durable containers with easy-open lids, having sold millions to wholesalers and retailers across the UK and Europe. They also offer a retail range and even aluminum foil containers. The site highlights its commitment to quality and includes a media section with news and contact information.

Financially, Satco Plastics Ltd presents a mixed picture. While cash and cash equivalents increased by a significant 160%, reaching £5 million, net assets still decreased by 11%, settling at £14 million. Administrative expenses rose by 12%, reaching £8 million, and bank borrowings increased by 21%, reaching £4.3 million. Trade creditors decreased by 21%, suggesting improved debt management. Despite the growth in revenue, the decrease in net assets and increase in administrative expenses could indicate rising costs or investments in future growth. The company’s auditor is Sumer Auditco Limited. It’s worth noting that the company meets the criteria to be considered large, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250.

Registered in England/Wales under the registration number 05603745, with a registered address at LU5 5GN, Foster Avenue Dunstable, Bedfordshire, Satco House, Unit 2 Aragon Park.

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