Serioplast Uk Ltd

Serioplast Uk Ltd, based in Shrewsbury, UK, is a small, active company founded just four years ago in 2020. With £1,759,449 in assets and a real registered address, it employs eight people and is overseen by two directors and two owners. The company boasts a solid 4.0 Google rating from a single review. Serioplast Uk Ltd is a regular importer of machinery, boilers, and mechanical appliances; parts, with 18 months of import activity recorded, the latest in September 2024.

The company operates in the manufacture of plastic packing goods industries, a business that seems to be well-established. Its website, though not detailed, reveals a focus on plastic packaging solutions. The company’s legal name is Serioplast Uk Ltd, and it’s a private limited company. The immediate parent company is Serioplast Global Services S.P.A. based in Italy.

Financially, Serioplast Uk Ltd shows a mixed picture. Current assets decreased by 22% to £1,800,000, while net assets fell 18% to £220,000. Bank borrowings increased significantly, reaching £290,000, and cash reserves dropped 20% to £250,000. Creditors decreased by 39%, 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) allows for agility, but the decline in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

Despite these challenges, Serioplast Uk Ltd seems to be holding its own. The company’s focus on plastic packing goods and regular import activity suggests a steady business, although the financial numbers indicate a need for careful management. The directors, Mr. A. Banks and Mr. G. Paganoni, will need to keep a close eye on the company's finances to ensure its continued success.

Registered in England/Wales under the registration number 12877698, with a registered address at SY2 6LG, United Kingdom, Shrewsbury, Shropshire, C/O Watson Watson Solicitors Mercury House, Shrewsbury Business Park.

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