System Plast Limited

System Plast Limited, based in Leamington Spa, UK, is a small holding company with an active status, having been incorporated 28 years ago in 1996. The company holds £2,015,986 in assets and operates from a virtual address – a point of note as 250 companies are registered at the same location. It’s managed by three directors and has one reported owner, though this list may not be exhaustive. System Plast is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent import activity recorded in November 2023. The company operates in the manufacture of other plastic products.

The company's website reveals a focus on plastic product manufacturing, but doesn't offer much detail about its operations or sales channels. It’s not clear if the company operates an e-commerce site or primarily engages in business-to-business sales.

Financially, System Plast Limited’s recent performance shows some interesting trends. Accumulated depreciation impairment property plant equipment remained constant at £1,700. Amounts owed by group undertakings increased by 1.1% to £2,000,000, while amounts owed to group undertakings decreased by 1.8% to £420,000. Cash bank on hand increased to £3,600, a significant jump from zero. Creditors decreased slightly to £430,000, and debtors remained at £2,000,000. Equity also held steady at £1,600,000. However, other taxation social security payable spiked dramatically, increasing by 650% to £6,600. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sudden rise in tax liabilities warrants closer examination. The financial statements are audited, and prepared by Harrison Beale & Owen Limited.

Overall, System Plast Limited appears to be a stable, albeit small, operation. The company's holding structure and import activities suggest a complex supply chain, and the recent financial data indicates a need to monitor tax obligations closely.

Registered in England/Wales under the registration number 03211982, with a registered address at CV31 1XT, England, Leamington Spa, Warwickshire, Highdown House, 11 Highdown Road.

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