Signal Plastic Components Limited

Signal Plastic Components Ltd, based in Gateshead, UK, is a small, holding company with an active status. Founded twelve years ago in 2012, the company employs 65 people and holds £3,069,546 in assets. It operates from a real address and is managed by four directors and one owner, boasting a respectable Google rating of 4.0 based on seven reviews. The company is an irregular importer of vehicles, parts, and accessories (not for trains or trams), with just one month of import activity recorded, and a regular exporter, with twenty-six months of export activity.

The company’s website, part of the larger Omega Plastics Group, highlights its expertise in plastic injection moulding services and solutions. It positions itself as a full-service provider, from tooling and moulding to assembly and dispatch, catering to a range of sectors including automotive, medical, consumer products, and aerospace. The website showcases a commitment to quality, with third-party certifications to ISO 9001 and ISO 14001, and features a network of companies including Omega North East Ltd and Signal Plastics, each with their own addresses and registration numbers. The site also provides contact information and a link to a privacy policy.

Financially, Signal Plastic Components Ltd demonstrates a mixed picture. While current assets increased by 45% to £3,100,000, net assets decreased by 16% to £1,000,000. Bank borrowings surged by 580%, reaching £210,000, and cash reserves increased by 110% to £100,000. Creditors decreased by 15% to £940,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

It seems like the company is facing some pressures, but the larger Omega Plastics Group provides a stable foundation. Whether the company can continue to grow and thrive remains to be seen.

Registered in England/Wales under the registration number 08177790, with a registered address at NE11 0JL, England, Gateshead, Omega Group Kingsway South, Team Valley Trading Estate.

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