plastic cores limited
plastic cores limited Company Information
Company Number
11513462
Next Accounts
Sep 2025
Shareholders
three smith group limited
Group Structure
View All
Industry
Manufacture of plastic plates, sheets, tubes and profiles
Registered Address
habergham works, ainleys industrial estate, elland, west yorkshire, HX5 9JP
plastic cores limited Estimated Valuation
Pomanda estimates the enterprise value of PLASTIC CORES LIMITED at £402.4k based on a Turnover of £1.1m and 0.38x industry multiple (adjusted for size and gross margin).
plastic cores limited Estimated Valuation
Pomanda estimates the enterprise value of PLASTIC CORES LIMITED at £80.7k based on an EBITDA of £30.9k and a 2.61x industry multiple (adjusted for size and gross margin).
plastic cores limited Estimated Valuation
Pomanda estimates the enterprise value of PLASTIC CORES LIMITED at £654.1k based on Net Assets of £382.5k and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Plastic Cores Limited Overview
Plastic Cores Limited is a live company located in elland, HX5 9JP with a Companies House number of 11513462. It operates in the manufacture of plastic plates, sheets, tubes and profiles sector, SIC Code 22210. Founded in August 2018, it's largest shareholder is three smith group limited with a 100% stake. Plastic Cores Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Plastic Cores Limited Health Check
Pomanda's financial health check has awarded Plastic Cores Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£17.5m)
£1.1m - Plastic Cores Limited
£17.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8.1%)
15% - Plastic Cores Limited
8.1% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (27.8%)
15.4% - Plastic Cores Limited
27.8% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (8.1%)
2.9% - Plastic Cores Limited
8.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (72)
2 - Plastic Cores Limited
72 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Plastic Cores Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £527.1k, this is more efficient (£246.9k)
£527.1k - Plastic Cores Limited
£246.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is earlier than average (51 days)
40 days - Plastic Cores Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (41 days)
2 days - Plastic Cores Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Plastic Cores Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Plastic Cores Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.5%, this is a higher level of debt than the average (36.5%)
80.5% - Plastic Cores Limited
36.5% - Industry AVG
PLASTIC CORES LIMITED financials
Plastic Cores Limited's latest turnover from December 2023 is £1.1 million and the company has net assets of £382.5 thousand. According to their latest financial statements, Plastic Cores Limited has 2 employees and maintains cash reserves of £39.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 1,054,231 | 1,175,029 | 851,783 | 694,520 | 756,059 |
| Other Income Or Grants | |||||
| Cost Of Sales | 891,772 | 987,177 | 458,451 | 550,090 | 572,326 |
| Gross Profit | 162,459 | 187,852 | 393,332 | 144,430 | 183,733 |
| Admin Expenses | 131,524 | 152,601 | 133,852 | 118,448 | 136,640 |
| Operating Profit | 30,935 | 35,251 | 259,480 | 25,982 | 47,093 |
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 30,935 | 35,251 | 259,480 | 25,982 | 47,093 |
| Tax | -44,558 | 36,990 | -32,091 | -4,937 | -8,973 |
| Profit After Tax | -13,623 | 72,241 | 227,389 | 21,045 | 38,120 |
| Dividends Paid | |||||
| Retained Profit | -13,623 | 72,241 | 227,389 | 21,045 | 38,120 |
| Employee Costs | |||||
| Number Of Employees | 2 | 2 | 2 | 2 | |
| EBITDA* | 30,935 | 35,251 | 259,480 | 25,982 | 47,093 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | |||||
| Trade Debtors | 115,996 | 168,691 | 115,287 | 100,227 | 68,489 |
| Group Debtors | 1,731,470 | 868,230 | 1,822,035 | 1,161,400 | 532,437 |
| Misc Debtors | 70,546 | 57,275 | 14,547 | 317 | 792 |
| Cash | 39,053 | 72,307 | 117,433 | 40,358 | 86,406 |
| misc current assets | |||||
| total current assets | 1,957,065 | 1,166,503 | 2,069,302 | 1,302,302 | 688,124 |
| total assets | 1,957,065 | 1,166,503 | 2,069,302 | 1,302,302 | 688,124 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 7,301 | 180 | 168 | ||
| Group/Directors Accounts | 1,502,475 | 677,948 | 1,678,278 | 1,164,429 | 604,171 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 64,803 | 92,266 | 104,202 | 78,608 | 45,733 |
| total current liabilities | 1,574,579 | 770,394 | 1,782,648 | 1,243,037 | 649,904 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 1,574,579 | 770,394 | 1,782,648 | 1,243,037 | 649,904 |
| net assets | 382,486 | 396,109 | 286,654 | 59,265 | 38,220 |
| total shareholders funds | 382,486 | 396,109 | 286,654 | 59,265 | 38,220 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 30,935 | 35,251 | 259,480 | 25,982 | 47,093 |
| Depreciation | |||||
| Amortisation | |||||
| Tax | -44,558 | 36,990 | -32,091 | -4,937 | -8,973 |
| Stock | |||||
| Debtors | 823,816 | -857,673 | 689,925 | 660,226 | 601,718 |
| Creditors | 7,121 | 12 | 168 | ||
| Accruals and Deferred Income | -27,463 | -11,936 | 25,594 | 32,875 | 45,733 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -857,781 | 917,990 | -436,774 | -606,306 | -517,865 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 824,527 | -1,000,330 | 513,849 | 560,258 | 604,171 |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | 824,527 | -963,116 | 513,849 | 560,258 | 604,271 |
| cash and cash equivalents | |||||
| cash | -33,254 | -45,126 | 77,075 | -46,048 | 86,406 |
| overdraft | |||||
| change in cash | -33,254 | -45,126 | 77,075 | -46,048 | 86,406 |
plastic cores limited Credit Report and Business Information
Plastic Cores Limited Competitor Analysis
Perform a competitor analysis for plastic cores limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HX5 area or any other competitors across 12 key performance metrics.
plastic cores limited Ownership
PLASTIC CORES LIMITED group structure
Plastic Cores Limited has no subsidiary companies.
Ultimate parent company
2 parents
PLASTIC CORES LIMITED
11513462
plastic cores limited directors
Plastic Cores Limited currently has 2 directors. The longest serving directors include Mr James Smith (Aug 2018) and Mr Luke Smith (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Smith | England | 47 years | Aug 2018 | - | Director |
| Mr Luke Smith | 45 years | Aug 2018 | - | Director |
P&L
December 2023turnover
1.1m
-10%
operating profit
30.9k
-12%
gross margin
15.5%
-3.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
382.5k
-0.03%
total assets
2m
+0.68%
cash
39.1k
-0.46%
net assets
Total assets minus all liabilities
Similar Companies
plastic cores limited company details
company number
11513462
Type
Private limited with Share Capital
industry
22210 - Manufacture of plastic plates, sheets, tubes and profiles
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
flexiplas limited (December 2019)
accountant
-
auditor
-
address
habergham works, ainleys industrial estate, elland, west yorkshire, HX5 9JP
Bank
-
Legal Advisor
-
plastic cores limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to plastic cores limited. Currently there are 1 open charges and 1 have been satisfied in the past.
plastic cores limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PLASTIC CORES LIMITED. This can take several minutes, an email will notify you when this has completed.
plastic cores limited Companies House Filings - See Documents
| date | description | view/download |
|---|
