Abbeywood Packaging Limited

Abbeywood Packaging Ltd from Nottingham UK is a small, active company founded 29 years ago. With 13 employees and £1,689,637 in assets, it operates from a real address and is managed by three directors and two owners. The company has a solid 4.0 Google rating based on 13 reviews and regularly imports plastics and plastic products, with its last import activity six months ago.

The company’s website highlights its role as an independent stretch film convertor, boasting over 30 years of experience. Abbeywood Packaging caters to both hand and machine applications, offering a range of colours, sizes, and thicknesses. They even stock films with 30% recycled content, aligning with government plastic tax initiatives. The website clearly focuses on B2B sales, with a contact form and phone number prominently displayed.

Financially, Abbeywood Packaging Ltd shows some concerning trends. Current assets decreased by 13% to £1,700,000, while net assets dropped 15% to £950,000. Bank borrowings decreased by 35%, and cash reserves increased by 11% to £710,000. Trade debtors declined by 15%, and creditors increased by 19%, suggesting a possible shift in payment terms. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

While the company’s long-standing presence and positive Google rating suggest stability, the decline in net assets and increase in creditors warrant attention. The decrease in assets could be due to increased investment in equipment or inventory, but it’s something to keep an eye on. The company’s reliance on regular imports, particularly in light of global supply chain fluctuations, could also present a challenge.

Registered in England/Wales under the registration number 03199041, with a registered address at NG17 7DF, England, Nottingham, Unit 4 Ventura Court Lowmoor Business Park, Kirkby-In-Ashfield.

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