Polythene Solutions Limited in Leominster, HR6 0LX

Description

Data updated on: 01-11-2023

Started with Reg No. 04380650 twenty two years ago, Polythene Solutions Limited was set up as a Private Limited Company. Its present mailing address is Brunel House, Brunel Road, Leominster Enterprise Park Leominster. The listed name switch from Psl Solutions to Polythene Solutions Limited came on 2006-10-09. This company's classified under the NACE and SIC code 22220: Manufacture of plastic packing goods. Polythene Solutions Ltd filed its latest accounts for the financial year up to 2022-04-30. Its latest annual confirmation statement was submitted on 2023-02-25.

With two job advertisements since Thursday 19th October 2017, the corporation has been an active employer on the employment market. On Tuesday 2nd January 2018, it was seeking new workers for a part time Trainee Customer Sales Assistant position in Herefordshire, and on Thursday 19th October 2017, for the vacant position of a part time Trainee Customer Sales Assistant in Leominster, Herefordshire.

As the information gathered suggests, the business was established in 2002 and has been overseen by four directors.

Previous company's names
Polythene Solutions Limited 2006-10-09
Psl Solutions Limited 2002-02-25

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	79 847	50 429	37 188	33 486	43 207	61 664

Balance Sheet
Cash Bank In Hand	47 563	34 184	26 322	23 486	31 439	57 938
Cash Bank On Hand						57 938	113 104	111 604	134 734	164 064	169 370	261 121	321 607
Current Assets	227 204	263 600	211 306	276 297	217 169	250 354	327 856	330 823	433 025	402 238	439 636	560 675	682 287
Debtors	177 712	227 204	184 016	251 811	183 898	191 811	213 944	218 337	297 290	234 522	266 601	293 462	354 132
Net Assets Liabilities						61 664	80 793	127 470	149 785	130 047	137 017	215 546	333 174
Net Assets Liabilities Including Pension Asset Liability	79 847	50 429	37 188	33 486	43 207	61 664
Other Debtors						107	646				4 999
Property Plant Equipment						18 058	14 989	9 201	2 827	2 186	4 224	5 794
Stocks Inventory	1 929	2 212	968	1 000	1 832	605
Tangible Fixed Assets	28 319	22 035	20 012	15 433	11 599	18 058
Total Inventories						605	808	882	1 001	1 000	1 200	2 500	2 500

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	79 747	50 329	37 088	33 386	43 107	61 564
Shareholder Funds	79 847	50 429	37 188	33 486	43 207	61 664

Other Financial Data
Amount Specific Advance Or Credit Directors								1 329	6 701	35 101	30 926	29	971
Amount Specific Advance Or Credit Made In Period Directors								1 455	49 264	6 700		30 897	1 000
Amount Specific Advance Or Credit Repaid In Period Directors									57 294	35 100
Accrued Liabilities						2 267	2 212	1 832	2 443	2 888
Accrued Liabilities Not Expressed Within Creditors Subtotal										2 888	2 381	2 958	4 318
Accumulated Amortisation Impairment Intangible Assets											8	72	135
Accumulated Depreciation Impairment Property Plant Equipment						56 939	60 111	45 297	39 578	26 282	26 507	27 928	30 951
Average Number Employees During Period							8	8	9	9	7	6	7
Corporation Tax Payable						14 323	14 390	11 944	10 442	12 203	26 099	36 323	31 633
Creditors						7 614	6 161	212 554	285 916	271 437	304 628	347 943	358 432
Creditors Due After One Year			2 300	809		7 614
Creditors Due Within One Year	171 500	231 991	188 607	254 348	183 241	198 098
Disposals Decrease In Depreciation Impairment Property Plant Equipment							883	17 700	5 365	15 928	905
Disposals Property Plant Equipment							883	21 020	14 065	15 928	905
Finance Lease Liabilities Present Value Total						7 614	6 161	6 161
Fixed Assets										2 186	4 851	6 357	16 326
Increase From Amortisation Charge For Year Intangible Assets											8	64	63
Increase From Depreciation Charge For Year Property Plant Equipment							4 055	2 886	-354	2 632	1 130	1 421	243
Intangible Assets											627	563	500
Intangible Assets Gross Cost											635	635
Net Current Assets Liabilities	55 704	31 609	22 699	21 949	33 928	52 256	72 562	118 269	147 109	130 801	135 008	212 732	323 855
Number Shares Allotted		100	100	100	100	100
Other Creditors						1 447	839	888	796	491	512	485	847
Other Taxation Social Security Payable						1 222	4 148	1 322	2 210	2 235	2 276	2 287	1 732
Par Value Share		1	1	1	1	1
Prepayments						2 561	3 881	2 448	5 387	2 652
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal										2 652	2 465	3 592	4 048
Property Plant Equipment Gross Cost						74 997	75 100	54 498	42 405	28 468	30 731	33 722	21 508
Provisions For Liabilities Balance Sheet Subtotal						1 036	597		151	52	461	585	2 689
Provisions For Liabilities Charges	4 176	3 215	3 223	3 087	2 320	1 036
Secured Debts						8 661
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		280	6 434	354	1 597	14 771
Tangible Fixed Assets Cost Or Valuation	87 868	88 028	81 259	80 998	72 212	74 997
Tangible Fixed Assets Depreciation	59 549	65 993	61 247	65 565	60 613	56 939
Tangible Fixed Assets Depreciation Charged In Period		6 564	6 457	4 933	4 531	5 512
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		120	11 203	615	9 483	9 186
Tangible Fixed Assets Disposals		120	13 203	615	10 383	11 986
Total Additions Including From Business Combinations Property Plant Equipment							986	418	1 972	1 991	3 168	2 991	2 795
Total Assets Less Current Liabilities	84 023	53 644	42 711	37 382	45 527	70 314	87 551	127 470	149 936	130 099	139 859	219 089	340 181
Trade Creditors Trade Payables						167 743	204 884	178 282	243 013	173 020	201 595	289 326	306 289
Trade Debtors Trade Receivables						189 143	209 417	213 105	291 903	234 522	261 602	293 462	353 161
Advances Credits Directors	3 201	59	253	285	285
Advances Credits Made In Period Directors	3 580	16		1 230	12 580
Advances Credits Repaid In Period Directors	52	3 276	194	32	1 230
Total Additions Including From Business Combinations Intangible Assets											635