Siva Plastics Limited

Siva Plastics Ltd from Woolston UK: a large company, holding company, and active status, was founded 35 years ago in 1989. Employing 312 people, it holds assets worth £46,066,524 and generates yearly revenue of £88,327,106. The company has a real address, six directors, one owner, and a Google rating of 3.0 based on 18 reviews. It’s a regular importer and exporter of plastics and plastic products, with 244 months of import activity and 141 months of export activity.

Siva Plastics is a significant player in the flexible polyethylene packaging industry, providing solutions for food, e-commerce, healthcare, medical, and horticultural sectors. The company’s website highlights its commitment to sustainability, using recycled materials and innovative technologies like 5-layer POD technology. They invest in state-of-the-art equipment for blown film extrusion, flexographic printing, lamination, slitting, and finishing, offering a wide range of products including converter films, non-food packaging, and food-grade films. The company’s focus on customer service and global reach is evident in its export activities and diverse client base.

Financially, Siva Plastics shows some interesting trends. Accrued liabilities have increased substantially, rising by 130% to £1.4 million, while accumulated depreciation on short leasehold assets has also increased by 14%. However, cash bank on hand has seen a massive surge, increasing by over 1000% to £4.7 million. While turnover decreased by 18% to £88 million, administrative expenses have increased by 26%, suggesting potential inefficiencies. Despite this, the company’s net assets have increased by 15% to £46 million. The company’s auditor is Xeinadin Audit Limited.

Overall, Siva Plastics appears to be a relatively healthy company, though the increase in liabilities and administrative expenses warrants closer monitoring. The substantial increase in cash reserves provides a buffer against potential challenges, and the company’s focus on sustainability and innovation positions it well for future growth. The company’s size, meeting two of three conditions for a large company, suggests it’s a significant player in its industry.

Registered in England/Wales under the registration number 02409513, with a registered address at SO19 7GB, Woolston, Southampton, Spitfire House, Hazel Road.

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