Shiraz Uk Limited

Shiraz Plastic Plastic Injection Moulding Service Manchester is a small, active company based in Manchester, UK, founded twenty-seven years ago in 1998. With £97,479 in assets and a real registered address, it’s a family-owned business with three directors and two owners. The company employs just two people and operates as a regular importer, specializing in carpets and textile floor coverings, with the last import activity recorded three months ago in March 2022.

The company's website showcases a full-service plastic injection moulding business, offering everything from part manufacturing and design analysis to 3D printing and quality assurance. They highlight expertise in precision moulding, high-volume production, custom material selection, and advanced finishing techniques. A key differentiator is their focus on sustainability, exemplified by the pioneering production process utilising seaweed material for cutlery—a testament to their commitment to eco-friendly solutions. They also boast a closed-loop product using onsite recycling facilities. The website details a clear process, from project vision sharing to final product delivery, emphasizing technical expertise and customer collaboration.

Financially, Shiraz Plastic shows some concerning trends. Cash bank on hand plummeted 98% to a mere £42, while bank borrowings surged 600% to £14,000. Creditors increased 19% to £98,000, and net assets dropped 370% to a negative £11,000—a significant downturn. While trade debtors increased 370%, suggesting potentially delayed payments, the sharp decline in equity raises questions about the company’s financial health. The company is exempt from an audit, and the unaudited financial statements rely on director-reported data.

Despite the concerning financial trends, the company’s focus on innovation and sustainability, as evidenced by their seaweed cutlery and closed-loop products, suggests a commitment to long-term growth. Whether they can overcome the current financial pressures remains to be seen—but their expertise in plastic injection moulding and dedication to eco-friendly solutions position them for potential success.

Registered in England/Wales under the registration number 03497033, with a registered address at EC2A 4LU, United Kingdom, London, 4th Floor 4 Tabernacle Street.

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