The Firmwatch take
Sma Plastics Limited (13435270) currently shows: Watch signal detected, based on accounts to 31 October 2024; last refreshed 24 May 2026. Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Oct 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
2 June 2021
4 years on the register
Sector
Other engineering activities
SIC 71129
Size
Not classified
Net assets
£100
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
£100
Bottom 30% in sector · sector median £4k · 32,957 filers in this sector
Cash
Not disclosed
Working cap.
−£70k
Median £8k
Current ratio
0.5×
Median 1.5×
Signals · 4
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Architecture and Engineering
How this company compares in 32,957 filers in this sector
Bottom 30% in sector — Sma Plastics Limited shows £100 in net assets. Sector median is £4k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- SN
SMITH, Nicholas Francis
director · since 2021
Registered office
Address intelligence
32 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · CO10 2YW
32 other UK companies registered here — all still trading.
Active
31
Dissolved
0
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.