W.j.p. Engineering Plastics Limited

Wjp Engineering Plastics Ltd from Nottingham, UK, is a small, active company with a long history, having been founded 52 years ago in 1973. Currently employing 11 people, the company holds assets valued at £2,128,857. With three directors and two owners, and a perfect 5.0 Google rating from one review, it’s a well-regarded player in its field. The company regularly exports plastics and plastic products, with 136 months of export activity recorded, the latest in February 2025. It’s an irregular importer of rubber and rubber products, with just one month of import activity recorded in June 2022.

Wjp Engineering Plastics specializes in the manufacture of high-performance engineering plastics, catering to demanding environments. Their website highlights expertise in PTFE, PEEK, and various other plastics, offering both finished and semi-finished components. They operate a manufacturing facility in Nottingham and are accredited to ISO 9001 since 1990. The company’s focus is on seals, gaskets, and other components for the chemical and petrochemical industries. They also offer technical information and quotations to customers.

Financially, Wjp Engineering Plastics shows a mixed picture. Current assets increased by a respectable 25% to £2,100,000, while net assets jumped 30% to £1,500,000. Bank borrowings surged by 32%, reaching £1,400,000, and cash reserves increased by 32% to £1,100,000. Creditors decreased by 11%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company's increased bank borrowing suggests they may be investing in growth or expanding operations, although the increase in cash reserves indicates a healthy cash flow. It's possible that the company is experiencing increased demand for its products, or that it is expanding into new markets. The lack of a detailed breakdown of expenses makes it difficult to determine the exact cause of the financial trends.

Registered in England/Wales under the registration number 01102698, with a registered address at NG8 5BE, Nottingham, Albert Avenue, Bobbers Mill.

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