Spm Plastics Limited

Spm Plastics Ltd from Mountain Ash UK: a large company, holding company, active status, founded 25 years ago, employing 111 people, holding assets of £6,227,735, with a real address and three directors, and one owner. The company regularly imports electrical machinery and equipment (89 months imported) and exports machinery, boilers, and mechanical appliances; parts (73 months exported).

It’s a sizable operation, meeting two of three criteria to be classified as large: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. Spm Plastics operates as a holding company and is currently active. The company’s roots go back to 2000, and it’s currently managed by Gomez Luis Demetrio, Jowett James Andrew, and Jowett James Andrew. Inspire Upg Uk Ltd owns Spm Plastics.

The company’s website reveals it’s focused on providing energy-efficient fan and motor solutions, particularly for commercial refrigeration. It designs, manufactures, and sells EC motors and fan packs, emphasizing innovation and high-quality products. The site details applications, industries served, and technical resources, showcasing a commitment to engineering and reliability. It appears to be primarily business-to-business, with no obvious e-commerce functionality for direct consumer sales.

Financially, Spm Plastics Ltd’s report paints a mixed picture. Accrued liabilities and deferred income increased significantly, up 230%, while accumulated depreciation on plant and machinery also rose, by 7.6%. However, cash bank on hand increased by 30% to £540,000. Perhaps most concerning is a dramatic drop in comprehensive income, from £910,000 to -£790,000—a substantial loss. Staff costs decreased by 20%, which could indicate efforts to control expenses, but the overall picture suggests financial pressures. Creditors increased by 110%, which is something to watch. The company's net assets decreased by 20% to £3.4 million.

The company's auditor is not mentioned in the report, which is likely due to its size. The report is audited, however. Despite these challenges, Spm Plastics’ focus on energy efficiency and its established presence in the commercial refrigeration market could provide a foundation for future growth.

Registered in England/Wales under the registration number 03933216, with a registered address at CF45 4ER, Mountain Ash, Mid Glamorgan, Cwm Cynon Industrial Estate, North Plateau.

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