Thanet Plastics Limited

Thanet Plastics Ltd from Ramsgate UK is a small, active company founded 17 years ago. With seven employees and £143,607 in assets, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer of plastics and plastic products, with its last import operation occurring two months ago in November 2024.

Thanet Plastics specializes in custom-made stationery and packaging products, boasting a 10,000 sq ft factory in Ramsgate. They manufacture a wide range of products, including ring binders, folders, wallets, and promotional items, catering to diverse industries like retail, government, and legal sectors. Notably, they offer British-made products and emphasize eco-friendly practices, including recycling and solar panel usage. Their website highlights a dedication to quality, with services ranging from custom design to in-house manufacturing processes like welding, diecutting, and printing.

Financially, Thanet Plastics shows a mixed picture. Cash reserves saw a significant jump of 200%, reaching £51,000, while current assets increased by 35% to £140,000. However, bank borrowings decreased by 15% to £28,000, and creditors increased by 79% to £68,000. The company's net assets grew by 18% to £57,000. It's a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The company’s financial statements are unaudited, likely due to its small size, and were prepared by MPH Accountancy and Business Advisors Ltd. The sharp increase in creditors suggests a need to manage supplier payments more closely, but the boost in cash reserves offers some breathing room.

Registered in England/Wales under the registration number 06529976, with a registered address at CT12 5HG, Ramsgate, Kent, 1 Wilton Road, Haine Industrial Estate.

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