Taylor Engineering & Plastics Limited

Taylor Engineering & Plastics Ltd, based in Rochdale, UK, is a large, active company established 47 years ago. With 231 employees and £14,111,842 in assets, it's a significant player in the plastics industry. The company, managed by seven directors and owned by Taylor Rodney, maintains a real address and boasts a solid 4.0 Google rating from eight reviews. It regularly imports electrical machinery and equipment (82 months) and exports vehicles, parts, and accessories (52 months).

The company specializes in the manufacture of technical plastic mouldings, using various processes like thermoplastic injection moulding, structural foam, and DCPD. Its website details a comprehensive range of services, from product development and tooling management to cosmetic finishing and assembly. It operates across four sites, including a toolroom, injection moulding facility, structural foam area, and finishing and assembly lines. It even has logistics centres to support its operations.

Financially, Taylor Engineering & Plastics Ltd presents a mixed picture. Accrued liabilities increased by 35%, while bank borrowings decreased by 34%, a positive sign. However, administrative expenses rose by 9.4%, and cash bank on hand increased by 15%, which is good. Director remuneration increased by 40%, which could be a concern. Net assets increased by 14%, a positive trend, and the company’s turnover increased by 7.6%. The company is meeting two of three conditions to be considered a large company. The auditor is Saffery LLP.

The increase in administrative expenses and director remuneration, alongside the drop in bank borrowings, suggests a focus on operational efficiency, but the increase in liabilities warrants closer monitoring. Overall, Taylor Engineering & Plastics Ltd appears to be a well-established company navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 01316094, with a registered address at OL16 2BD, Lancs, Molesworth Street, Rochdale.

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