Svr Plastics Limited

Svr Plastics Ltd from Skelmersdale UK: a small, active company founded 24 years ago, employs 20 people, and holds £801,136 in assets. With five directors and one owner, it maintains a perfect 5.0 Google rating based on two reviews. It's an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for a brief two-month period ending in 2022.

The company’s website showcases its expertise in plastic fabrication, specializing in twin wall high-density polyethylene polypropylene pipe fittings, PVC duct fittings, and bespoke sewer fittings. It caters to a wide range of applications, from drainage and water jetting to rail culverts, offering a comprehensive selection of valves, accessories, and custom-made fabrications. The site clearly targets the civil engineering industry, highlighting its ability to adapt fittings to suit various systems. It's a well-designed site, though a slightly older browser warning pops up.

Financially, Svr Plastics Ltd’s recent performance shows some concerning trends. While current assets remained relatively stable at £800,000, net assets declined by 5.5% to £730,000. Bank borrowings disappeared entirely, a positive sign, but cash reserves held steady at £470,000. Trade debtors decreased by 19%, which could indicate improved collection efforts, but it’s also possible that sales volume has slowed. Property, plant, and equipment also decreased by 8%, suggesting potential asset disposals or depreciation. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and, as such, the financial statements are unaudited.

Overall, Svr Plastics Ltd appears to be navigating a period of transition. While its core business—plastic fabrication—remains active, the slight dip in equity and asset values warrants close monitoring. The lack of an auditor mentioned suggests a focus on keeping costs down, but it also means the financial data relies solely on internal reporting.

Registered in England/Wales under the registration number 04102611, with a registered address at WN8 9SA, England, Skelmersdale, Unit 5/6 Unit 5/6 Greenhey Place, East Gillibrands.

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