S W Plastic Solutions Ltd

S W Plastic Solutions Ltd, based in Cardiff, UK, is a small, active company founded nine years ago. With eight employees and £1,044,567 in assets, it operates from a virtual address shared by ninety-six other companies, a bit unusual. Corbett Daniel Brian is both the director and owner, acting as the solo founder. The company imports basic metal tools and utensils irregularly, with just one month of import activity recorded in 2022, and exports plastics and plastic products for two months, also in 2022.

The company’s website showcases a wide range of products, from windows and doors to conservatories and verandas. It appears to be a B2B operation, primarily serving customers throughout Norfolk and East Anglia. The site emphasizes 30 years of combined experience within the building and glazing industry, offering a "unique home care service" and focusing on quality and customer satisfaction. It even offers a virtual showroom, allowing customers to customize their choices in real time.

Financially, S W Plastic Solutions Ltd shows some concerning trends. Cash bank on hand plummeted 78%, dropping to £55,000, while bank borrowings increased by 34%, reaching £23,000. Creditors decreased, which is a good sign, but current assets dropped significantly by 46%, falling to £1,000,000. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the decrease in cash reserves and assets raises questions. Disposals of property, plant and equipment also decreased significantly, suggesting a potential slowdown in investment. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, S W Plastic Solutions Ltd seems to be facing some financial headwinds, despite its established presence and diverse product offerings. Whether it can navigate these challenges and sustain its growth remains to be seen.

Registered in Wales under the registration number 10010391, with a registered address at CF15 8LW, United Kingdom, Cardiff, 7 Ty Nant Court, Morganstown.

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