PLASTIC INNOVATIONS LTD Financials
- Company number
- 06880147CopyCopy
- Registered office
- Shop 2 130 Hagley Road, Hayley Green, Halesowen B63 1DY
- Incorporated
- 17/04/2009
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-76.39%vs 20232023: £169.73K
Total Assets
-21.18%vs 20232023: £633.66K
Cash in Bank
-8.88%vs 20232023: £169.61K
Total Liabilities
-0.97%vs 20232023: £463.93K
Employees
0vs 20232023: 12
In 2024, PLASTIC INNOVATIONS LTD reported net assets of £40.07K. The same filing shows total assets of £499.48K, cash in bank of £154.56K and total liabilities of £459.41K. Reported headcount was 12 in 2024. Total Assets fell from £633.66K in 2023 to £499.48K in 2024 (-21.18%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-76.39%from £169.73K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PLASTIC INNOVATIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-56.8%vs 2022-34.3% a year compound (CAGR)
Cash in Bank
+18.7%vs 2022+9% a year compound (CAGR)
Total Assets
+3.8%vs 2022+1.9% a year compound (CAGR)
Total Liabilities
+18.2%vs 2022+8.7% a year compound (CAGR)
Employees
-7.7%vs 2022-1Biggest increase
Cash in Bank+18.7%
£130.19K in 2022 to £154.56K in 2024
Biggest decrease
Net Assets-56.8%
£92.82K in 2022 to £40.07K in 2024
PLASTIC INNOVATIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PLASTIC INNOVATIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 8.02%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 91.98%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 33.64%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 30.94%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PLASTIC INNOVATIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 93.19K | 92.82K | 169.73K | 40.07K |
| Total Assets£ | 437.08K | 481.39K | 633.66K | 499.48K |
| Cash in Bank£ | 120.60K | 130.19K | 169.61K | 154.56K |
| Total Liabilities£ | 343.90K | 388.58K | 463.93K | 459.41K |
| Employees | 13 | 13 | 12 | 12 |
PLASTIC INNOVATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PLASTIC INNOVATIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PLASTIC INNOVATIONS LTD reported net assets of £40.07K for 2024. That compares with £169.73K in 2023, a change of -76.39%.
PLASTIC INNOVATIONS LTD reported total assets of £499.48K for 2024. That compares with £633.66K in 2023, a change of -21.18%.
PLASTIC INNOVATIONS LTD reported cash in bank of £154.56K for 2024. That compares with £169.61K in 2023, a change of -8.88%.
PLASTIC INNOVATIONS LTD reported 12 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, PLASTIC INNOVATIONS LTD's net assets fell by 56.8%, cash in bank rose by 18.7%, total assets rose by 3.8% and total liabilities rose by 18.2%. Net assets contracted at 34.3% a year across the two years to 2024, from £92.82K to £40.07K. Reported headcount went from 13 in 2022 to 12 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.