A & S Packing (yorkshire) Limited

A & S Packing (Yorkshire) Limited, based in Goldthorpe, UK, is a small, family-run business with an active status. Established 32 years ago in 1992, it employs 99 people and holds £2,023,699 in assets. The company operates from a real address and is overseen by three directors and two owners. Google reviews give it a solid 4.0 rating based on 52 reviews. It’s an irregular importer, primarily dealing with plastics and plastic products, with its last import operation occurring in May 2022.

The company's website reveals it’s a leading contract packer and shrink sleeving specialist, offering bespoke packaging solutions. It runs two bonded facilities and provides a range of services, including storage, distribution, repacking, and merchandise unit creation. It even offers shrink sleeving for high-end products, having worked with multinational companies for 35 years. The website also highlights its ability to handle large volumes, with a capacity to load around 100-150 loads per day.

Financially, A & S Packing shows some concerning trends. Cash bank on hand has fallen significantly by 51% to £470,000, and net current assets have decreased by 17% to £1,200,000. Trade debtors have increased substantially by 33% to £1,500,000, which could indicate difficulties collecting payments. On a brighter note, creditors have decreased by 20%, suggesting improved debt management. The company's size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity—a 13% drop to £2,000,000—is something to watch. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, A & S Packing appears to be facing some financial headwinds, although its established reputation and diverse service offerings suggest it has the potential to weather the storm. The management team, comprised of the Lockwood family, will need to closely monitor cash flow and address the rising trade debtors to ensure the company’s long-term health.

Registered in England/Wales under the registration number 02751006, with a registered address at S63 9BL, Commercial Road Goldthorpe, Barnsley S Yorks, Unit 19, Goldthorpe Industrial Estate.

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