Company Overview
Plastic Innovations Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 17 April 2009, so this is a well established company. Plastic Innovations Ltd has been in business for 16 years and 11 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Shop 2 130 Hagley Road, Hayley Green, Halesowen, B63 1DY
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Companies House Data
Company NamePLASTIC INNOVATIONS LTD
Company Number06880147
Registered Office AddressShop 2 130 Hagley Road
 Hayley Green
 B63 1DY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/04/2009
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/05/2017
Returns Last Made Up Date17/04/2016
Previous Company NameChanged Date
GIGACOM INTERCONNECT LTD08 Jun 2010
Directors & Members
Show Resigned
Mark Falkingham - Director
(British, 61 years old, born May 1965)
Appointed 17 April 2009
Active
Stephen Roskilly - Director
(British, 53 years old, born March 1973)
Appointed 11 April 2011
Active
Amanda Roskilly - Director
(British, 53 years old, born January 1973)
Appointed 25 April 2023
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 51,954 51,954 40,161
Current Assets 429,440 429,440 396,923
Creditors Due Within One Year 349,648 349,648 296,742
Working Cap 79,792 79,792 100,181
Total Assets Less Current Liabilities 131,746 131,746 140,342
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 10.8% 10.8% 9.2%
Stocks Inventory - - -
Debtors 44.1% 44.1% 45.1%
Cash Bank In Hand 27.0% 27.0% 27.6%
Current Assets 89.2% 89.2% 90.8%
Creditors Due Within One Year 72.6% 72.6% 67.9%
Net Current Assets Liabilities 16.6% 16.6% 22.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities 27.4% 27.4% 32.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.2 1.2 1.3
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 481,394 481,394 437,084
Debt - - -
Net Assets/Debt - - -

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 17 April 2025 with no updates
Confirmation statement made on 17 April 2024 with no updates
Confirmation statement made on 17 April 2023 with no updates
Appointment of Mrs Amanda Roskilly as a director on 25 April 2023
Notification of Fibre Innovations Ltd as a person with significant control on 1 March 2023
Termination of appointment of Arthur Charles Pickett as a director on 1 March 2023
Confirmation statement made on 17 April 2022 with updates
Confirmation statement made on 17 April 2021 with no updates
Registered office address changed from 8 Bromsgrove Road Romsley Halesowen B62 0ET England to Shop 2 130 Hagley Road Hayley Green Halesowen B63 1DY on 28 April 2021
Change of details for Mr Mark Falkingham as a person with significant control on 28 April 2021
Director's details changed for Mark Adrian Falkingham on 22 April 2021
Director's details changed for Mark Adrian Falkingham on 22 April 2021
Confirmation statement made on 17 April 2020 with no updates
Confirmation statement made on 17 April 2019 with updates
Cessation of Gigacom Limited as a person with significant control on 30 November 2018
Notification of Mark Falkingham as a person with significant control on 30 November 2018
Confirmation statement made on 17 April 2018 with no updates

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