Plazology Ltd

Plazology Ltd, based in Leeds, UK, is a small, family-run company with an active status. Founded sixteen years ago in 2009, it employs five people and holds £216,540 in assets. The company operates from a real address at Regus City West and is led by two directors and two owners. It’s an irregular importer of plastics and plastic products, with its last import activity occurring in January 2024.

The company’s website reveals a specialized consultancy focused on injection moulding. Plazology provides technical expertise to global customers, offering services like part design optimization, injection moulding simulation, vendor supply management, and training. It has two UK offices and can provide dedicated support within client facilities. The website highlights a commitment to Industry 4.0 principles, combining engineering expertise with data-driven decision-making to improve part quality, reduce cycle times, and lower production costs. A significant focus is placed on Virtual Design Moulding Analysis (VDMA) services, which leverage digital prototyping to validate product and mould designs, saving time and money. The company also works with universities and has relationships with various organizations.

Financially, Plazology Ltd presents a mixed picture. While current assets increased by 43% to £220,000, cash reserves decreased by 17% to £110,000. Trade debtors surged by 440%, which could be a sign of growth but also potentially a challenge in managing payments. Creditors also increased significantly by 40%, and bank borrowings have increased. Despite these pressures, net assets grew by 32% to £180,000, indicating a positive overall trend. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in debt needs to be monitored. As a small company, it’s exempt from an audit, so the figures are unaudited. It seems like the company is doing well, but it needs to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 06794267, with a registered address at YO10 4UA, England, York, Tower House Business Centre, Fishergate.

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