{"name":"COX WOKINGHAM PLASTICS LIMITED","company_number":"02959737","status":"Active","type":"Private Limited Company","incorporated":"1994-08-17","dissolved":null,"registered_office":"19 Highfield Road, Edgbaston, Birmingham, England, B15 3BH","postcode":"B15 3BH","sic_codes":[{"code":22290,"description":"Manufacture of other plastic products"}],"principal_activity":null,"previous_names":[{"name":"WOKINGHAM PLASTICS LIMITED","changed_on":"2006-07-31"},{"name":"WOKINEX LIMITED","changed_on":"1995-01-13"},{"name":"WOKINGHAM PLASTICS LIMITED","changed_on":"1994-09-01"}],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":24,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":543227,"net_assets":1456758,"cash":1123383,"average_employees":24},{"financial_date":"2024-12-31","profit_loss":1717151,"net_assets":1738531,"cash":1595027,"average_employees":27},{"financial_date":"2023-12-31","net_assets":2051380,"cash":1296183},{"financial_date":"2022-12-31","net_assets":1610617,"cash":643620},{"financial_date":"2021-12-31","net_assets":1609627,"cash":278281}],"officers":{"current":2,"resigned":14,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":9,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Cox Wokingham Plastics Limited presents a mixed risk profile. On the positive side, the company is debt-free with strong liquidity (£1.12M cash) and a 30-year operating history. However, the systematic distribution of dividends exceeding profits—resulting in a 29% erosion of net assets over two years—combined with a 68% profit decline and shrinking operational scale, raises legitimate concerns about whether the controlling shareholder is extracting value at the expense of the company's long-term resilience. The key question for any investor is whether the dividend policy is sustainable and whether the profit decline represents a temporary normalization or a structural deterioration in the business.","website":"https://www.coxwokingham.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/cox-wokingham-plastics","people":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/people","filing_history":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02959737","financials":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/financial","control":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/control","charges":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/cox-wokingham-plastics/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/cox-wokingham-plastics"}