United Polymers Limited
- Small
- Active
- 25 years
- 8 employees
- £6,083,571 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
United Polymers Ltd from Coventry, UK, is a small, active company established 25 years ago. With eight employees and £6,083,571 in assets, it operates from a virtual address—a fact highlighted by the presence of 71 other companies registered at the same location. The company is led by two directors and owned by Sanghera Balraj. It's a regular importer of plastics and plastic products, with 237 months of import activity recorded, the latest in February 2025. Export activity is irregular, with just one month of exports recorded in February 2024.
The company's website is non-existent, which makes it difficult to determine if it operates an e-commerce platform. It appears to be a wholesale operation, focusing on the distribution of intermediate products.
Financially, United Polymers Ltd presents a mixed picture. While current assets have slightly decreased to £6,100,000, net assets have fallen by 6.8% to £3,700,000. Bank borrowings have increased significantly, rising 180% to £10,000, and cash reserves have dropped 76% to £64,000. Creditors have increased by 8% to £2,400,000, and trade debtors have risen 5.8% to £3,100,000. 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 decline in equity and cash reserves suggests potential challenges. The company’s auditor, Brindleys Limited, has provided an opinion on the entity.
It's worth noting that the company’s reliance on a virtual address, while common, can raise questions about its operational transparency. The decrease in cash reserves, coupled with the increase in bank borrowings, may indicate a need to manage cash flow more effectively.
Registered in England/Wales under the registration number 03967626, with a registered address at CV4 9HS, United Kingdom, Coventry, West Midlands, 4 Station Avenue, Tile Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 22 years
-
Resident of United Kingdom
-
Individual
- 25 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-14 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2024-05-31Download 8 pages pdf report
-
Confirmation statement made on 2024-03-14 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about United Polymers Limited
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