Simplas Ltd

Simplas Ltd, based in Doncaster, UK, is a small, active company established thirteen years ago. With ten employees and £131,003 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates from a real address and has a long history, having been founded on September 06, 2011. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Simplas Ltd specializes in plastic recycling, particularly scrap PVC. Its website, Simplas PVC Recycling, highlights its expertise in recovering and recycling PVC and other plastic waste from manufacturing processes. The company buys scrap plastics and recycles them, offering PVC regrind, PVC rechip, PVC resin, and PVC powders. They handle various PVCu materials, including rigid and flexible PVC, catering to industries seeking sustainable waste management solutions. The site also promotes its ability to recycle mixed plastic waste, offering recycled plastic regrinds and pulverised plastics to help companies reduce costs and enhance their environmental efficiency.

Financially, Simplas Ltd’s recent performance presents a mixed picture. Accumulated depreciation impairment property plant equipment decreased by a significant 96%, dropping to just £3,700. While the number of employees increased slightly, from 10 to 11, creditors rose by 4.2% to £160,000. However, debtors experienced a substantial 50% decrease, falling to £9,500. Equity saw a dramatic increase, jumping 610% to £170,000, which is a positive sign. Net current assets liabilities improved by 39%, dropping to -£24,000. The company’s small size and focus on niche recycling services likely contribute to its agility, but the fluctuating financial indicators warrant close monitoring. As a small company, Simplas Ltd is exempt from a full audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 07763992, with a registered address at DN1 2JE, England, Doncaster, South Yorkshire, 20 Lawn Avenue.

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